Neopost reported Q1 revenue of €273m, down 4.7% yoy. Given a negative currency impact of 2.2% and a positive scope effect of 0.3%, organic growth was -2.8%. Organically, the Communication and Shipping solutions increased by 9.7% but restated for the scope effect of the consolidation of Temando, organic growth in sales for CSS stood at 7.0%. Within the SME solutions (ex. NIO), of which revenue decreased by 4% yoy, sales of Mail Solutions were down 5.0% at CER, reflecting a contrasting sit
02 Jun 2016
No major change in business trend
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No major change in business trend
Quadient SA (QDT:PAR) | 0 0 0.8% | Mkt Cap: 790.8m
- Published:
02 Jun 2016 -
Author:
Lionel Pellicer -
Pages:
3
Neopost reported Q1 revenue of €273m, down 4.7% yoy. Given a negative currency impact of 2.2% and a positive scope effect of 0.3%, organic growth was -2.8%. Organically, the Communication and Shipping solutions increased by 9.7% but restated for the scope effect of the consolidation of Temando, organic growth in sales for CSS stood at 7.0%. Within the SME solutions (ex. NIO), of which revenue decreased by 4% yoy, sales of Mail Solutions were down 5.0% at CER, reflecting a contrasting sit