Following the Q3 results, we have downgraded our top-line forecasts for 2016 to account for the transitory weakness in the Terminals business, resulting in a c. 10% cut. However, the profitability should be maintained following a better than expected gross margin in Authorisations.
24 Nov 2016
EPS downgrade offset by stronger cash flows (Keyware)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
EPS downgrade offset by stronger cash flows (Keyware)
Keyware Technologies NV (0J0H:LON) | 0 0 -1.3% | Mkt Cap: 34.2m
- Published:
24 Nov 2016 -
Author:
Charles Bordes -
Pages:
2
Following the Q3 results, we have downgraded our top-line forecasts for 2016 to account for the transitory weakness in the Terminals business, resulting in a c. 10% cut. However, the profitability should be maintained following a better than expected gross margin in Authorisations.