The recent selling pressure on publity’s shares (price down 48% ytd) was accompanied by negative newsflow in January, including a profit warning and missed AUM guidance for FY17. The negative sentiment might have also resulted from the ongoing discussions with bondholders around the modification of convertibles’ terms and conditions. Management now guides to FY18 net profit in the range of €15-20m (implying c 34-80% y-o-y growth) based on a cautious assumption of no AUM growt
06 Mar 2018
publity - Slower AUM growth and delayed disposals
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
publity - Slower AUM growth and delayed disposals
publity AG (0VZS:LON) | 0 0 (-0.2%) | Mkt Cap: 124.6m
- Published:
06 Mar 2018 -
Author:
Milosz Papst -
Pages:
4
The recent selling pressure on publity’s shares (price down 48% ytd) was accompanied by negative newsflow in January, including a profit warning and missed AUM guidance for FY17. The negative sentiment might have also resulted from the ongoing discussions with bondholders around the modification of convertibles’ terms and conditions. Management now guides to FY18 net profit in the range of €15-20m (implying c 34-80% y-o-y growth) based on a cautious assumption of no AUM growt