A confluence of factors has led XLMedia to issue a trading update with revised guidance. Our forecast downgrade leaves the FY18E earnings base marginally below that achieved last year but in part this is representative of an unsustainably strong FY17A. XLMedia remains fully compliant with all local regulations in its territories and underlying cash flows remain strong.
11 Jun 2018
Regulatory speed hump
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Regulatory speed hump
XLMedia Plc (XLM:LON) | 12.2 0 0.0% | Mkt Cap: 31.8m
- Published:
11 Jun 2018 -
Author:
Cavendish Research -
Pages:
5
A confluence of factors has led XLMedia to issue a trading update with revised guidance. Our forecast downgrade leaves the FY18E earnings base marginally below that achieved last year but in part this is representative of an unsustainably strong FY17A. XLMedia remains fully compliant with all local regulations in its territories and underlying cash flows remain strong.