Earthport’s trading update indicates a weak end to cal’17, with delays to new client implementations and the loss of a major piece of business resulting in 17% revenue downgrades to FY’18. Despite these setbacks, the medium term outlook remains positive. The new business pipeline is extremely healthy and an existing client expansion worth over 1 million incremental transactions annually is ramping up after starting earlier this month. The group has also announced that Hank Uberoi will move to Ex ....
18 Dec 2017
N+1 Singer - Earthport - Near term challenges temper positive outlook
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Earthport - Near term challenges temper positive outlook
Earthport (EPO:LON) | 0 0 0.4% | Mkt Cap: 72.6m
- Published:
18 Dec 2017 -
Author:
Oliver Knott -
Pages:
5
Earthport’s trading update indicates a weak end to cal’17, with delays to new client implementations and the loss of a major piece of business resulting in 17% revenue downgrades to FY’18. Despite these setbacks, the medium term outlook remains positive. The new business pipeline is extremely healthy and an existing client expansion worth over 1 million incremental transactions annually is ramping up after starting earlier this month. The group has also announced that Hank Uberoi will move to Ex ....