The weakness in the Empresaria share price reflects the structural changes in the German employment market that have resulted in forecasts of flat earnings for FY18. We believe that the shares are now significantly oversold; sentiment should move in the group’s favour as it delivers to current expectations on the back of generally robust global staffing markets and as the business demonstrates a strongly cash generative profile from H218. This cash generation will provide an opportunity
03 Jul 2018
Temporary headwind, long-term value!
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Temporary headwind, long-term value!
Empresaria Group plc (EMR:LON) | 38.0 0.2 1.3% | Mkt Cap: 18.9m
- Published:
03 Jul 2018 -
Author:
Ben Thefaut -
Pages:
13
The weakness in the Empresaria share price reflects the structural changes in the German employment market that have resulted in forecasts of flat earnings for FY18. We believe that the shares are now significantly oversold; sentiment should move in the group’s favour as it delivers to current expectations on the back of generally robust global staffing markets and as the business demonstrates a strongly cash generative profile from H218. This cash generation will provide an opportunity