Key financial facts Q4 revenues were down 7% yoy to $431m, at the lower range of the guidance and in line with consensus. FY18 revenues were up 7% yoy to €1,442m, including the Silego contribution. Q4 gross margin was 48.6% and FY gross margin was up 20ppt yoy to 47.9% (above expectations of 47.5%). Q4 operating profit was up 2% yoy to $77.1m and FY18 operating profit was up 7% to $199.7m. Q4 net income was down 29% and FY18 net income was down 17% to €140m (€144m for consensus
06 Mar 2019
Driven by profitability increase
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Driven by profitability increase
Direct Line Insurance Group Plc (DLG:LON) | 191 2.1 0.6% | Mkt Cap: 2,510m
- Published:
06 Mar 2019 -
Author:
Hugo Paternoster -
Pages:
3
Key financial facts Q4 revenues were down 7% yoy to $431m, at the lower range of the guidance and in line with consensus. FY18 revenues were up 7% yoy to €1,442m, including the Silego contribution. Q4 gross margin was 48.6% and FY gross margin was up 20ppt yoy to 47.9% (above expectations of 47.5%). Q4 operating profit was up 2% yoy to $77.1m and FY18 operating profit was up 7% to $199.7m. Q4 net income was down 29% and FY18 net income was down 17% to €140m (€144m for consensus