Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In what is a clearly challenging macroeconomic environment companies are currently trading in, “strong order intake during the period… providing good visibility of future years' revenues” sounds very encouraging. With it together with “confidence in delivering profitability materially ahead of market expectations for FY 25 and into FY 26” which suggests still a low valuation for these shares, we suggest significant further upside potential here on upgraded expectations being delivered.
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