Neopost reported Q3 16 revenue of €279m (€284m in Q3 15), corresponding to a -2.1% organic decrease yoy. SME Solutions decreased by 3.4% organically, while CSS grew 7.4% yoy. For the first 9M16, the organic decline reached -2.9% yoy. The integration of Icon Systemhaus in the Enterprise Digital Solutions division is going to plan, while organic growth in Enterprise Digital Solutions this quarter was penalised by the high comparison basis (the company recorded a licence sale of c. &eu
02 Dec 2016
Limited organic decrease in Q3 16 is encouraging
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Limited organic decrease in Q3 16 is encouraging
Quadient SA (QDT:PAR) | 0 0 0.8% | Mkt Cap: 790.8m
- Published:
02 Dec 2016 -
Author:
Lionel Pellicer -
Pages:
3
Neopost reported Q3 16 revenue of €279m (€284m in Q3 15), corresponding to a -2.1% organic decrease yoy. SME Solutions decreased by 3.4% organically, while CSS grew 7.4% yoy. For the first 9M16, the organic decline reached -2.9% yoy. The integration of Icon Systemhaus in the Enterprise Digital Solutions division is going to plan, while organic growth in Enterprise Digital Solutions this quarter was penalised by the high comparison basis (the company recorded a licence sale of c. &eu