The FY 2017 results were in line with April’s post year-end guidance; impressive c.20% earnings growth despite a 5% reduction in revenue. In H2, some Project revenues were delayed by political uncertainty in the US and company-specific issues at a high-profile Japanese client. Instead, H2 profit was driven by the data gathering and analysis business offering exceptional margins; on the growth of Celebrus licence fees in particular. We expect to see the delayed projects flow into the cur
27 Jun 2017
Software licence margins deliver H2 profits
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Software licence margins deliver H2 profits
Celebrus Technologies PLC (CLBS:LON) | 208 0 0.0% | Mkt Cap: 81.8m
- Published:
27 Jun 2017 -
Author:
Cavendish Research -
Pages:
12
The FY 2017 results were in line with April’s post year-end guidance; impressive c.20% earnings growth despite a 5% reduction in revenue. In H2, some Project revenues were delayed by political uncertainty in the US and company-specific issues at a high-profile Japanese client. Instead, H2 profit was driven by the data gathering and analysis business offering exceptional margins; on the growth of Celebrus licence fees in particular. We expect to see the delayed projects flow into the cur