Synnovia PLC

Synnovia PLC reports year of record sales and earnings

Synnovia PLC's (LON:SYN) chairman Faisal Rahmatallah tells Proactive London's Andrew Scott they saw record sales growth in the year to March 2019.

He adds that adjusted profits were just above flat as the plastic components and film packaging specialist invested for growth.

Revenue for the 12 months of £81.6mln was up 8.7% on the previous year as the Industrial arm grew sales 9.7% on a like-for-like basis and the Films division by 7.5%.

Quick facts: Synnovia PLC

Price: £0.88

Market: LSE
Market Cap: £34.12 m

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Capital Network analyst sees 'significant upside opportunity' at Synnovia

Capital Network analyst Ed Stacey discusses Synnovia's (LON:SYN) results for the year to the end of March 2019. Revenues increased 8.7% to £81.6mln, earnings before interest, tax, depreciation, and amortisation (EBITDA) were up 7.3% at £7.5mln, and earnings per share (EPS) were up 2.1% at...

on 9/7/19

2 min read