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Enteq Upstream PLC's international strategy 'delivering real results'

Proactive Research analyst Ed Stacey gives his view on Enteq Upstream PLC's (LON:NTQ) interim results to September 2019 which saw revenues increasing 58% and adjusted underlying earnings (EBITDA) up 143% year-on-year.

Stacey says major new customer wins in China reflect the company's strategic initiative to increase international revenues and he expects these to continue growing.

Quick facts: Enteq Upstream PLC

Price: 27 GBX

AIM:NTQ
Market: AIM
Market Cap: £17.68 m
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Enteq Upstream reports significant growth in first-half revenue and earnings

Enteq Upstream PLC’s (LON:NTQ) Martin Perry talks Proactive London's Andrew Scott through their interim results to September 2019. The company generated US$6.5mln of revenue in the six months compared to US$4.2mln in the same period a year before. Adjusted underlying earnings amounted to...

3 weeks, 1 day ago

2 min read