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Hardman & Co Research on Neodecortech (NDT.MI): Bright 1H’22, cloudy outlook

·1-min read

Hardman & Co Research
Hardman & Co Research on Neodecortech (NDT.MI): Bright 1H’22, cloudy outlook
12-Sep-2022 / 07:00 GMT/BST

Hardman & Co Research on Neodecortech (NDT.MI):

Bright 1H’22, cloudy outlook

1H’22 results from Neodecortech (NDT) continued the trend of FY’21. Total revenue was up 20% compared with 1H’21, to a record €103m, demonstrating the continued strength of NDT’s new products and its European markets. The increases in energy prices and the impact of the Ukraine conflict have caused a reduction in the order backlog at the beginning of 2H’22, but the company remains confident of maintaining operating and financial results roughly in line with FY’21.

 

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About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.


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End of Announcement - EQS News Service

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