Neopost reported its FY16 and Q4 16 results. FY sales at €1,159m were down 2.1% yoy organically, including +11.2% in Enterprise Digital Solutions (EDS), +7.8% in shipping and -3.8% in SME solutions. Q4 16 sales reached €323m, +0.2% organic growth including +12.9% in EDS, +20.3% in Shipping and -2.2% in SME. FY16 operating margin (before related acquisition expenses) was at 18.6% versus 19.7% last year. FY16 net income reached €118m, -11.5% versus last year (€134m), while s
29 Mar 2017
Return to organic growth in Q4 16 is encouraging
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Return to organic growth in Q4 16 is encouraging
Quadient SA (QDT:PAR) | 0 0 0.8% | Mkt Cap: 790.8m
- Published:
29 Mar 2017 -
Author:
Lionel Pellicer -
Pages:
3
Neopost reported its FY16 and Q4 16 results. FY sales at €1,159m were down 2.1% yoy organically, including +11.2% in Enterprise Digital Solutions (EDS), +7.8% in shipping and -3.8% in SME solutions. Q4 16 sales reached €323m, +0.2% organic growth including +12.9% in EDS, +20.3% in Shipping and -2.2% in SME. FY16 operating margin (before related acquisition expenses) was at 18.6% versus 19.7% last year. FY16 net income reached €118m, -11.5% versus last year (€134m), while s