NEXTDC is in a high growth industry where demand currently exceeds supply. The primary focus of the business is sales momentum and efficient use of capital to build new data centres. At the half year the company indicated full year results would reach the top end of previous guidance (revenue $85-$90m, EBITDA of $25-$28m) which is reasonable given the previously announced contracts. Our reports for NEXTDC:
Want a broker to contact you? Click here.
