Ahead of H1 results due on August 9th, yesterday morning's intra-day update from FOUR provides yet further evidence of how strongly the business is performing, highlighting strong trading and pre-results upgrades. YTD order intake is said to be up 18% YoY, suggesting FY orders could exceed 2m. Revenues at “slightly ahead” of $US1.3bn and PBT of $US125m-plus for the full year are ahead YoY by c.15% and >20.5% respectively. Next week's results will reveal more detail; however we expect that th ....
