RE: Update1 Mar 2023 08:47
. In addition, the Company has a weighted pipeline of new business in excess of £3.6bn in revenues, which on a current win ratio of 34% represents a total of £1.24bn of possible revenues over the next five years, in addition to the Company's existing Backlog of £900m (total current and projected Backlog: £2.14bn), in order to help deliver its medium-term targets.
Impressed by the win rate and this will only increase as the company continues to march forwards very much in the public eye. The blended margins are much higher then everyone was quoting and this too is fantastic news. Very happy with the update and Cenkos 's buy recommendation, not difficult to see why.