SIS keeps 15-18% revenue growth guidance
In short
SIS kept its revenue growth target at 15-18%. CEO Dhiraj Singh said facility management margins should cross 6% by the end of the financial year.
He also said operating cash flows should return to normal after a one-time delay in payments from an Australian defence contract. That could help the company’s finances.
What the reporting says
He also said operating cash flows should normalise after a one-time delay in payments from an Australian defence contract. The comments point to margin improvement and cash-flow recovery for the company.
Why it matters
SIS maintained its 15-18% revenue growth guidance and said facility management margins are expected to cross 6% by the end of the financial year. The company also said operating cash flows should normalise after a one-time delay in payments from an Australian defence contract. The update matters for SIS’s growth outlook, margin profile and cash generation.