One stone, many great birds
Chargeurs’ first significant acquisition looks to tick all the right boxes: strategically perfect, better use of capital and giving a fresh twist to its hitherto low growth business, Fashion Technologies….
Time to press the power on switch
Now readable energy business model The April 2018 reorganisation (see Worth Knowing) has left Europlasma with a readable business model: it has a technology which is deployed in power…
Inclusion 2017 figures: little change to forecasts
2017 EPS allow for deeper losses, financed by new equity issues. Dilution should stabilize from 2018-H2 onwards. The 2017 earnings recognize additional losses that can be seen as investments as…
Focus on profitability and cash flow generation
The upgrade of the target price is attributable to the upward revision of our 2018 estimates (see the related comments). Prodware had a strong start to the year which is…
Business update
Crossject has published a short release to comment on its activities. As we expected, the group confirmed the planning of market approval filings in Europe and the US (FY19 for…
Dynamic start to the year
Revenue growth was significant at constant perimeter in Q1 18 (+4.9%). Prodware benefited from the strong development of SaaS revenue (+37.2%) and Business Consulting (+12.2%) while the other activities remained…
Strong divisional contributions partly absorbed by financing costs
EPS adjustments are essentially the by-product of 2017 final numbers highlighting rising central costs and a higher than expected interest bill (excess resources). This new base as well as an…
FY17 en ligne et perspectives solides
GenOway a publié ses résultats 2017. Le CA a atteint €9.9m (+9%, déjà publié le 24 janvier dernier). L’EBITDA s’est élevé à €1.308m (+27%), le résultat d’exploitation à €754K (vs…
Lighter, greener, richer
Ecoslops delivers strong cash flow generation from its first slops refining plant. It envisages an even brighter future made of similarly planned units in Marseilles and Antwerp as well as…
Margin improvement despite lower revenue
2017 was characterised by high double-digit revenue growth in SaaS, some difficulties in the recruitment of employees which led to lower services revenue and the postponement of significant projects from…