The acquisition of Synthesis for up to €18m is Keywords Studios’ largest to date and significantly strengthens the company’s leadership position in both localisation and audio. It also enhances earnings by an estimated 12% and 16% for FY16 and FY17 respectively. We see ample scope for continued upside as the company continues to strengthen its position in this fragmented market with earnings enhancing acquisitions.
15 Apr 2016
Synthesis acquisition ticks all the boxes
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Synthesis acquisition ticks all the boxes
Keywords Studios plc (KWS:LON) | 1,152 0 0.0% | Mkt Cap: 916.1m
- Published:
15 Apr 2016 -
Author:
Dan Ridsdale -
Pages:
4
The acquisition of Synthesis for up to €18m is Keywords Studios’ largest to date and significantly strengthens the company’s leadership position in both localisation and audio. It also enhances earnings by an estimated 12% and 16% for FY16 and FY17 respectively. We see ample scope for continued upside as the company continues to strengthen its position in this fragmented market with earnings enhancing acquisitions.