26th Feb 2025 20:12
Nexteq PLC - Cambridge, England-based technology solutions for manufacturers of electronic equipment - At Capital Markets Event, provides detail on the group's three-year plan and strategic ambitions for the end of 2027. Nexteq plans to deliver on its three-year organic growth ambitions, targeting revenue of USD108 million to USD120 million, gross margin of 35% to 38% and 10% to 15% earnings before interest, tax, depreciation and amortisation margin by the end of 2027. Organic growth will be augmented by targeted bolt-on M&A to accelerate scale in key addressable market verticals.
Current stock price: 71.50 pence
12-month change: down 51%
By Jeremy Cutler, Alliance News reporter
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