Ebiquity’s FY16 trading update points to 9% revenue growth (6% currency) and mid-single digit profit growth in operating and earnings. FY17 has started well with a noticeable pick up in new business activity and improved visibility; we leave our forecasts unchanged. We believe EBQ is in a strong position to execute to the growth acceleration plan presented in September 2016 and consider the 10x FY17 P/E rating unchallenging.
27 Jan 2017
Pick-up in activity
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Pick-up in activity
Ebiquity Plc (EBQ:LON) | 39.0 0 0.0% | Mkt Cap: 54.8m
- Published:
27 Jan 2017 -
Author:
Bridie Barrett -
Pages:
3
Ebiquity’s FY16 trading update points to 9% revenue growth (6% currency) and mid-single digit profit growth in operating and earnings. FY17 has started well with a noticeable pick up in new business activity and improved visibility; we leave our forecasts unchanged. We believe EBQ is in a strong position to execute to the growth acceleration plan presented in September 2016 and consider the 10x FY17 P/E rating unchallenging.