Q116 shows a similar pattern to end 2015, with growth in revenues from the group’s international operations more than offsetting the weakness in the domestic German market. Full-year guidance (and our estimates) for FY16 revenue and non-IFRS EBIT are unchanged from the time of the FY15 results in April. The costs involved in entering and developing new markets has had an obvious impact on near-term margins, but gives the group the stepping stone to a global offer, with an early-mover ad
02 Jun 2016
Pushing the international growth plan
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Pushing the international growth plan
EQS Group AG (EQS:ETR) | 0 0 (-2.7%) | Mkt Cap: 104.1m
- Published:
02 Jun 2016 -
Author:
Fiona Orford-Williams -
Pages:
3
Q116 shows a similar pattern to end 2015, with growth in revenues from the group’s international operations more than offsetting the weakness in the domestic German market. Full-year guidance (and our estimates) for FY16 revenue and non-IFRS EBIT are unchanged from the time of the FY15 results in April. The costs involved in entering and developing new markets has had an obvious impact on near-term margins, but gives the group the stepping stone to a global offer, with an early-mover ad