The recovery in the core Strategic Marketing division has been sustained into Q118 delivering organic growth of 22%. We increase our FY18 divisional EBIT by £1.5m which, whilst partly offset by a downgrade in Marketing Activation, results in a 4% earnings uplift. With the non-core businesses under strategic review, raising the prospect of a corporate solution, and the strengthened balance sheet supporting return to the M&A arena, the share price is more a reflection of historic trad
30 Nov 2017
Trading update
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Trading update
Kin and Carta Plc (KCT:LON) | 130 0 0.0% | Mkt Cap: 230.8m
- Published:
30 Nov 2017 -
Author:
Ben Thefaut -
Pages:
3
The recovery in the core Strategic Marketing division has been sustained into Q118 delivering organic growth of 22%. We increase our FY18 divisional EBIT by £1.5m which, whilst partly offset by a downgrade in Marketing Activation, results in a 4% earnings uplift. With the non-core businesses under strategic review, raising the prospect of a corporate solution, and the strengthened balance sheet supporting return to the M&A arena, the share price is more a reflection of historic trad