Proactive Investors - Run By Investors For Investors

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.

 
Meet Clinigen Group PLC, MaxCyte, Cello Health PLC, Oncimmune and Silence Therapeutics PLC at our event, London , 11 July 2019. Register here »
View full BVC profile View Profile

BATM Advanced Communications Ltd Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use