View
Page
Liberum put out a note this morning on Research Tree: "Thin profitability defines Volex’s industry. Principal customers are leviathans. Competition is fierce. Global PC & laptop volumes have dwindled. Wireless technology is a headwind. However, FY16 EBIT has beaten February guidance by 60%, new management continue to fell costs and their credit facility has today been extended. A forward FCF yield of 16% and EV/EBIT of 5x, despite initiating with estimates 20% below guidance, warrants consideration."
Welcome to the new Volex Group stream forum! Messages posted in the Volex Group stream will be logged here for posterity.
Latest from the Community...
Latest from the Community...
Latest from the Community...