TXT reported strong organic revenue growth in both divisions in Q219, which combined with the contribution from recent acquisitions, translated into strong growth in EBIT and improved EBIT margins year-on-year. Recent acquisitions have been integrated and provide the potential for cross-selling in the banking & finance division, while the aerospace business has seen significant contract wins in North America. We have revised our forecasts to reflect stronger revenues, higher operating cos
06 Aug 2019
TXT e-solutions - Growth accelerates in Q2
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TXT e-solutions - Growth accelerates in Q2
TXT e-solutions S.p.A. (TXT:MIL) | 0 0 0.0%
- Published:
06 Aug 2019 -
Author:
Katherine Thompson -
Pages:
6
TXT reported strong organic revenue growth in both divisions in Q219, which combined with the contribution from recent acquisitions, translated into strong growth in EBIT and improved EBIT margins year-on-year. Recent acquisitions have been integrated and provide the potential for cross-selling in the banking & finance division, while the aerospace business has seen significant contract wins in North America. We have revised our forecasts to reflect stronger revenues, higher operating cos