Esker has confirmed it is still generating revenue growth, despite the continued COVID-19 restrictions around the world, with constant currency (cc) growth of 11% for Q420 and 9% for FY20. Order intake was 17% higher in FY20, accelerating to 30% growth in Q4, providing support for the company’s double-digit revenue growth expectations for FY21. We have trimmed our forecasts to reflect FY20 revenues and the stronger euro, reducing normalised diluted EPS by 3.4% in FY20e and 5.1% in FY21e. In our ....
13 Jan 2021
Esker - Strong order intake supports growth outlook
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Esker - Strong order intake supports growth outlook
Esker has confirmed it is still generating revenue growth, despite the continued COVID-19 restrictions around the world, with constant currency (cc) growth of 11% for Q420 and 9% for FY20. Order intake was 17% higher in FY20, accelerating to 30% growth in Q4, providing support for the company’s double-digit revenue growth expectations for FY21. We have trimmed our forecasts to reflect FY20 revenues and the stronger euro, reducing normalised diluted EPS by 3.4% in FY20e and 5.1% in FY21e. In our ....