9M 2020 ended September results confirm CNIC’s acquisition and growth strategy. The company delivered high pro forma sales growth with steady divisional gross margins. CNIC is investing in new products and integration activities to improve long-term growth and margins and expects current year results to be in line with management’s expectations. Acquisitions have added significant value and the company is assessing a strong pipeline of further opportunities. CNIC is well positioned to acquire at ....
30 Nov 2020
CentralNic (CNIC LN) - Results confirm strategy
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CentralNic (CNIC LN) - Results confirm strategy
Team Internet Group plc (TIG:LON) | 139 0.6 0.3% | Mkt Cap: 361.4m
- Published:
30 Nov 2020 -
Author:
Bob Liao, CFA -
Pages:
4
9M 2020 ended September results confirm CNIC’s acquisition and growth strategy. The company delivered high pro forma sales growth with steady divisional gross margins. CNIC is investing in new products and integration activities to improve long-term growth and margins and expects current year results to be in line with management’s expectations. Acquisitions have added significant value and the company is assessing a strong pipeline of further opportunities. CNIC is well positioned to acquire at ....