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Enteq Upstream PLC's international strategy 'delivering real results'

Proactive Research analyst Ed Stacey gives his view on Enteq Upstream PLC's (LON:NTQ) interim results to September 2019 which saw revenues increasing 58% and adjusted underlying earnings (EBITDA) up 143% year-on-year.

Stacey says major new customer wins in China reflect the company's strategic initiative to increase international revenues and he expects these to continue growing.

Click here to read Ed Stacey's latest note on Enteq Upstream - Expansion strategy drives strong interim results

Quick facts: Enteq Upstream PLC

Price: 14 GBX

AIM:NTQ
Market: AIM
Market Cap: £9.44 m
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Enteq Upstream reports 'strong overseas numbers' set to drive future revenues'

Proactive Analyst Ed Stacey talks to Katie Pilbeam about Enteq Upstream PLC (LON:NTQ) after recently releasing its annual general meeting. The company confirms that revenue and underlying earnings (EBITDA) for the six months (H1) ending September 30 will be in line with previous management...

3 weeks, 2 days ago

2 min read