The new business plan stands at the high end of consensus expectations. The top-line growth will come at a high cost in terms of operating expenses, translating into relatively similar bottom-line progression. It remains that, if successful, the shareholders will be granted a 10% total return, above the 8% they usually require for an equity investment.
12 Nov 2019
New business plan points to a 10% total annual return
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New business plan points to a 10% total annual return
Mediobanca - Banca di Credito Finanziario S.p.A. (MB:WBO) | 0 0 -0.2% | Mkt Cap: 8,706m
- Published:
12 Nov 2019 -
Author:
David Grinsztajn -
Pages:
2
The new business plan stands at the high end of consensus expectations. The top-line growth will come at a high cost in terms of operating expenses, translating into relatively similar bottom-line progression. It remains that, if successful, the shareholders will be granted a 10% total return, above the 8% they usually require for an equity investment.