The unscheduled but positive update from SQS this morning describes a successful integration of its three recent deals and states that the group has "successfully addressed the margin pressures" seen earlier in the year. Good progress was also reported with recent US and Europe contract wins, adding to the reassurance around trading. Importantly, the statement refers to Automotive and Manufacturing revenues in Central Europe as stable and “in line with estimates”. We make no chang

24 Nov 2015
Business update – positive and reassuring

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Business update – positive and reassuring
Leverage Shares -1x Short Square ETP (SQS:LON) | 321 0 0.0% | Mkt Cap: 0.27m
- Published:
24 Nov 2015 -
Author:
Gareth Evans -
Pages:
2 -
The unscheduled but positive update from SQS this morning describes a successful integration of its three recent deals and states that the group has "successfully addressed the margin pressures" seen earlier in the year. Good progress was also reported with recent US and Europe contract wins, adding to the reassurance around trading. Importantly, the statement refers to Automotive and Manufacturing revenues in Central Europe as stable and “in line with estimates”. We make no chang