SNP recorded c 14% organic growth in Q4 and a c 6% EBITDA margin. FY17 group revenue of around €122m was €2m ahead of our forecasts while EBITDA, at €2m, was €1m below our forecast. We have edged up our revenue forecasts while maintaining profit forecasts. After a hectic FY17, with multiple acquisitions, fund-raisings and significant corporate change, we understand that management intends to focus on organic growth in FY18. Given the attractive industry drivers and the pot
05 Feb 2018
SNP Schneider-Neureither & Partner - Focusing on organic growth in FY18
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SNP Schneider-Neureither & Partner - Focusing on organic growth in FY18
- Published:
05 Feb 2018 -
Author:
Richard Jeans -
Pages:
3
SNP recorded c 14% organic growth in Q4 and a c 6% EBITDA margin. FY17 group revenue of around €122m was €2m ahead of our forecasts while EBITDA, at €2m, was €1m below our forecast. We have edged up our revenue forecasts while maintaining profit forecasts. After a hectic FY17, with multiple acquisitions, fund-raisings and significant corporate change, we understand that management intends to focus on organic growth in FY18. Given the attractive industry drivers and the pot