The company released a good set of results. The solid top-line growth has continued to be fuelled by good organic growth and the accelerated network expansion. The positive top-line growth momentum should continue, benefiting from strong demand on the back of the increasing number of elderly people in France and the rest of Europe. However, the heavy leverage in order to support the company’s strong external growth ambition remains our concern.

13 Mar 2019
Satisfying operating margin progression

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Satisfying operating margin progression
Bastide Le Confort Medical SA (0IP1:LON) | 0 0 (-0.6%) | Mkt Cap: 371.4m
- Published:
13 Mar 2019 -
Author:
Jie Zhang -
Pages:
2 -
The company released a good set of results. The solid top-line growth has continued to be fuelled by good organic growth and the accelerated network expansion. The positive top-line growth momentum should continue, benefiting from strong demand on the back of the increasing number of elderly people in France and the rest of Europe. However, the heavy leverage in order to support the company’s strong external growth ambition remains our concern.