Analyst Research Report Snapshot

Title:

ENFIS GROUP - FORECASTS ON TRACK

Price:

$10.00

Provider:

Edison Investment Research

Date:

19 Aug 2008

Pages:

4

Type:

AcrobatPDF

Companies referenced:

PSL.L

Available for Immediate Download
Summary:

H1 sales were in line with our full-year assumptions and the current contracted revenues and opportunities increasingly support our revenue target of £6m and profitability in FY09. The environmental macro drivers are strengthening and customer and competitor interest in Enfis’ technology remains strong. Over the next 12 months, we expect both the revenue opportunity and the scalable, cash-generative potential of the business model to become more evident, which we believe can support a valuation towards £20m. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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