NX Filtration : FY21 earnings preview: No major surprises expected
>We expect no major surprises - NX will report its 2021 results on the 11th of February 2022. During the company’s 1st half results presentation the company guided for a gross income visibility of at least € 3.7m, based on the backlog at that time. The target does not seem overly ambitious and thus achievable in our view. That said, we forecast a 2021 gross income of € 3.7m, in line with NX’s guidance and 243% growth over the € 1.1m achieved in 2020 (Dutch GAAP) . In...
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