S4 Capital has released a very encouraging AGM update which indicates that the robust growth in LFL Gross Profit of +34% in Q1 strengthened further in April to deliver 4m growth of +37%. On a reported basis, Gross Profit was up +41% for 4m compared with +37% for Q1. The group continues to invest 'heavily' in human capital as it gears up for 'even higher' levels of growth later in the year. We view the AGM statement as further underpinning our FY19 gross profit growth forecast of +35% and cont
29 May 2019
AGM Trading Update
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AGM Trading Update
S4 Capital plc (SFOR:LON) | 52.0 -2.6 (-9.0%) | Mkt Cap: 300.0m
- Published:
29 May 2019 -
Author:
Paul Richards -
Pages:
8
S4 Capital has released a very encouraging AGM update which indicates that the robust growth in LFL Gross Profit of +34% in Q1 strengthened further in April to deliver 4m growth of +37%. On a reported basis, Gross Profit was up +41% for 4m compared with +37% for Q1. The group continues to invest 'heavily' in human capital as it gears up for 'even higher' levels of growth later in the year. We view the AGM statement as further underpinning our FY19 gross profit growth forecast of +35% and cont