EQS’s first half results show good revenue growth in its domestic market, boosted by the consolidation of ARIVA (67.5% owned). The build-up of business in new markets is starting to register, with Asia now breaking even. The costs of this expansion and investment in a number of new products and services is constraining operating profits, which were marginally (3%) below the comparative period. The group remains well positioned to benefit from trends in digitisation and globalisation and
15 Aug 2017
Top-line growth offset by higher investment
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Top-line growth offset by higher investment
EQS Group AG (EQS:ETR) | 0 0 (-2.7%) | Mkt Cap: 104.1m
- Published:
15 Aug 2017 -
Author:
Fiona Orford-Williams -
Pages:
4
EQS’s first half results show good revenue growth in its domestic market, boosted by the consolidation of ARIVA (67.5% owned). The build-up of business in new markets is starting to register, with Asia now breaking even. The costs of this expansion and investment in a number of new products and services is constraining operating profits, which were marginally (3%) below the comparative period. The group remains well positioned to benefit from trends in digitisation and globalisation and