IQE Plc to deliver revenue between £136 million and £142 million for FY19

  • Nov 18, 2019 GMT
  • Team Kalkine
  • IQE Plc (IQE) has released the trading update for the full year ended 31 December 2019.
  • The company is expecting to deliver revenue between £136 million and £142 million, while as per the earlier guidance the range was of £140 to £160 million, with a forex tailwind of around £3 million.
  • The company also informed that it remains on the path to make good progress on a considerable number of Android-related supply chains with two lately stated production skills.
  • The company’s Capex will be towards the lower end of the prior guidance of £30-40 million, and the net debt is expected to be between £15 to £20 million at year-end, against heightened debt facilities of £57million stated in June.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK