bullish

On course for FY17

36 Views22 Feb 2017 17:03
Issuer-paid
SUMMARY

Utilitywise’s (UTW) trading statement indicates that it continues to grow. Consultant headcount rose in H117 after a flat performance in FY16 and, despite the seasonal impact on cash flow, we expect UTW to be in a net cash position by year-end FY17. The rating of the shares remains modest for a company that continues to grow and offers an attractive yield.

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Edison Investment Research
Leading International Investment Research
Equities
  • On course for FY17
    22 Feb 2017
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