Quadient published satisfactory FY20 results, which were broadly in line. While the mail legacy business continued to weigh on the performance, the group recorded a good recovery in H2 thanks to its ‘growth engines’, Business Process Automation and Parcel Lockers Solutions. The financial position remains sound. Investors were nevertheless disappointed by the dividend (€0.50/share).
A detailed guidance was disclosed as part of the second phase of the ‘Back to Growth’ strategic plan, focusing on ....
31 Mar 2021
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New reporting: same, but better
Quadient SA (QDT:PAR) | 0 0 0.8% | Mkt Cap: 790.8m
- Published:
31 Mar 2021 -
Author:
Zeineb Rourou -
Pages:
3
Quadient published satisfactory FY20 results, which were broadly in line. While the mail legacy business continued to weigh on the performance, the group recorded a good recovery in H2 thanks to its ‘growth engines’, Business Process Automation and Parcel Lockers Solutions. The financial position remains sound. Investors were nevertheless disappointed by the dividend (€0.50/share).
A detailed guidance was disclosed as part of the second phase of the ‘Back to Growth’ strategic plan, focusing on ....