Reported Results after hrs with revenues and profits coming in softer versus consensus forecasts.
PWH: have spent some cash on the business expansion this generally dints the Revenue, Profit trend.
PWH is this a Buy?
The investments in headcount, factory space, equipment and systems are necessary to prepare PWR to deliver on our medium- and long-term growth objective, specifically growth in aerospace and defence, and is consistent with our approach to “invest now and collect later”
PWR HOLDINGS LIMITED (ASX:PWH) - Ann: PWR reports record revenue and profit, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Opened down this morning