From R&D proving ground to scale supplier to major automotive OEMs
Post written prior to interim results being released, which contained a few points to highlight:
- In H2 2022 should hit run-rate sales £20m / year, this is very positive, as anticipated in the write-up.
- Revealed prospective contract pipeline lifetime value of c. £400m, mainly related to carry-on models.
- Sales guidance reduced for 2022, but increased by 10% for 2023-2025 mainly due to OEM 8.
- Expect to announce another significant new contract in what's left of 2022.
Some good analysis Alan.
Post written prior to interim results being released, which contained a few points to highlight:
- In H2 2022 should hit run-rate sales £20m / year, this is very positive, as anticipated in the write-up.
- Revealed prospective contract pipeline lifetime value of c. £400m, mainly related to carry-on models.
- Sales guidance reduced for 2022, but increased by 10% for 2023-2025 mainly due to OEM 8.
- Expect to announce another significant new contract in what's left of 2022.
Some good analysis Alan.