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BATM Advanced Communications Ltd

Strong growth sees BATM anticipate 2019 earnings to be ahead of expectations

Dr Zvi Marom, chief executive of BATM Advanced Communications Limited (LON:BVC), talks Proactive's Andrew Scott through the group's 2018 results.

Marom says they've entered the new year with a substantially higher order book compared to the year before as well as increased visibility on earnings from longer-term contracts and projects that were expected to be completed during 2019.

For the year just gone, the group reported adjusted earnings (EBITDA) of US$4.9mln, up from US$2.2mln in 2017, while revenues increased to US$119.6mln from US$107.1mln.

Quick facts: BATM Advanced Communications Ltd

Price: £0.44

Market: LSE
Market Cap: £192.4 m
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Full interview: BATM expects good growth for full year 2019 after solid...

BATM Advanced Communications Limited (LON:BVC) CEO Zvi Marom caught up with Proactive London's Andrew Scott to discuss the group's interim results to June 2019. BATM reported an increase in its underlying earnings for the period and expects to record good growth for the full-year as it gains...

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