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JFBroderick

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JFBroderick

Re: Damistep post# 377

Tuesday, 10/17/2017 11:23:24 AM

Tuesday, October 17, 2017 11:23:24 AM

Post# of 7928
Well, judging by their (Spartan Motors) plan for growth, it doesn't look like they anticipate winning the $6.3 billion contract with USPS.

-- Become the #1 or #2 player in each market it serves

-- $1 billion in sales by 2020, versus sales of $506.8 million in 2014,

representing an approximate 12-percent compound annual growth rate

-- 10% adjusted EBITDA margin, with earnings outpacing top-line growth



Has anyone who reached out to the company received a response?? I'm not so sure today's news will sustain any type of PPS increase. A 4 truck lease is a great start but we need much more to sustain even the current valuation.

http://www.kusi.com/story/36614947/wb-mason-unveils-first-all-electric-workhorse-delivery-truck

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