Key Developments: Edwards Group Ltd (EVAC.O)
7.89USD
22 May 2013
$0.20 (+2.60%)
$7.69
$7.71
$7.89
$7.71
246
13,880
$9.64
$5.42
Latest Key Developments (Source: Significant Developments)
Edwards Group Ltd Issues Q2 2013 Guidance In Line With Analysts' Estimates
Edwards Group Ltd announced that for second quarter of 2013, it expects revenue of GBP145 million to GBP160 million reflecting continued momentum within semiconductor and emerging technology. The company expects to achieve adjusted net income of GBP12 million to GBP15 million, or 10 pence to 13 pence per fully diluted share (EPS). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of GBP151 million and net income of GBP15 million and EPS of 12.18 pence for the second quarter of 2013. Full Article
Edwards Group Ltd Issues Q1 2013 Guidance; Revenue Guidance Above Analysts' Estimates
Edwards Group Ltd announced that for the first quarter of 2013, it anticipates revenue of GBP135 million to GBP145 million and adjusted net income of GBP8 million to GBP12 million, reflecting an encouraging improvement in customer sentiment going into 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of GBP128 million and net income of GBP8 million for the first quarter of 2013. Full Article
Edwards Group Ltd Names Jim Gentilcore Chief Executive Officer
Edwards Group Ltd anounced that long-term Board member Jim Gentilcore has been named Chief Executive Officer, effective March 1, 2013. He succeeds Matthew Taylor, who has resigned by mutual agreement with Edwards' Board of Directors. Full Article
Edwards Group Ltd Issues Q3 2012 Guidance
Edwards Group Ltd announced that for third quarter of 2012, it expects revenue of GBP140 million to GBP150 million. The Company expects to achieve Adjusted net income of GBP12.0 million to GBP13.5 million, or GBP10.6 pence to GP12.0 pence per fully diluted share. Full Article
Edwards Group Ltd Issues Q2 2012 Guidance
Edwards Group Ltd announced that for the second quarter of 2012, it expects revenue to be GBP154 million to GBP160 million, net income to be GBP9.5 million to GBP10.5 million, or GBP0.08 to GBP0.09 per diluted share, adjusted net income to be GBP14.5 million to GBP15.5 million, or GBP0.125 to GBP0.135 per diluted share. The Company's anticipated Adjusted net income for the second quarter of 2012 excludes restructuring and transaction costs, currency translation gain/(loss) on external and intra-group debt, purchase price accounting (PPA) amortization, tax shield on adjustments, and non-cash compensation expense. Full Article
TEXT-S&P summary: Edwards Group Ltd.
The stable outlook reflects our view that Edwards will generate moderately positive FOCF in 2013 and report largely stable revenues and margins year on year. It also factors in our expectation that Edwards' adjusted gross debt-to-EBITDA ratio in 2013 is likely to remain at about 4x.
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