Claranova’s FY19 results confirmed strong organic revenue growth and margin expansion boosted by the inclusion of the high-growth, high-margin internet acquisitions. The recent acquisition of Personal Creations in the US opens up a new addressable market for the Mobile business and has prompted the company to raise its four-year revenue target. The company is well funded to continue to invest in the business, whether internally or via acquisition.
08 Oct 2019
Claranova - Raising growth targets
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Claranova - Raising growth targets
- Published:
08 Oct 2019 -
Author:
Katherine Thompson -
Pages:
24
Claranova’s FY19 results confirmed strong organic revenue growth and margin expansion boosted by the inclusion of the high-growth, high-margin internet acquisitions. The recent acquisition of Personal Creations in the US opens up a new addressable market for the Mobile business and has prompted the company to raise its four-year revenue target. The company is well funded to continue to invest in the business, whether internally or via acquisition.