Edison Investment Research - Windar Photonics (WPHO) Windar Photonics - Retrofit activity driving growth in the short term

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Edison Investment Research

Anne Margaret Crow

Windar Photonics - Retrofit activity driving growth in the short term

Windar Photonics posted record revenues and got close to EBITDA break-even during FY18. Management expects current customer projects with Vestas and continued demand in Asia to drive further growth in the retrofit segment during FY19. It also expects volume deliveries to OEMS to commence in the near future, but we exclude these from our estimates.

01/07/2019 6 EN

Underlying

Windar Photonics

Windar Photonics is a technology group that has developed and sells a Light Detection and Ranging sensors (LIDAR) and associated products for use on electricity generating wind turbines. LIDAR wind sensors in general are designed to remotely measure wind speed and direction. Co.'s main products are the WindEye™ and WindVision™ Sensors which measure the wind speed at different measuring points by scanning a laser beam ahead of the wind turbine.

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GB00BTFR4F17 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Anne Margaret Crow

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Windar Photonics - Retrofit activity driving growth in the short term

Hybridan Small Cap Feast - 08 April 2024

Hybridan Small Cap Feast - 22 Feb 24

Hybridan Small Cap Feast - 14 Feb 24

AGBA - A transformational deal

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