H117 results represent another period of forward progress driven by an 18% increase in BPO services to its predominantly US customer base alongside meaningful cost savings which provided for earnings growth of 6% in the first half. Given a second half bias to revenues - partly reflecting timing of projects in Content Delivery - our forecasts now appear conservative. With net debt continuing to fall, the results will support growing confidence over future prospects and the quality of group ear
11 Nov 2016
H117 results: 6% earnings growth
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H117 results: 6% earnings growth
- Published:
11 Nov 2016 -
Author:
Ben Thefaut -
Pages:
5
H117 results represent another period of forward progress driven by an 18% increase in BPO services to its predominantly US customer base alongside meaningful cost savings which provided for earnings growth of 6% in the first half. Given a second half bias to revenues - partly reflecting timing of projects in Content Delivery - our forecasts now appear conservative. With net debt continuing to fall, the results will support growing confidence over future prospects and the quality of group ear