The most important fact from this earnings result is that management expects that it will be difficult to exceed the FY18 net operating profit in FY19. Overall, we expect to decrease our target price but to keep a positive recommendation.
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FY18: worrisome guidance for FY19
- Published:
08 Mar 2019 -
Author:
Felix Brunotte -
Pages:
3
The most important fact from this earnings result is that management expects that it will be difficult to exceed the FY18 net operating profit in FY19. Overall, we expect to decrease our target price but to keep a positive recommendation.