Formpipe Q2’19: Solid report in line with forecast

Research Note

2019-07-12

11:43

Group level sales and earnings were in line with our forecast. However, the important recurring revenue came in slightly below estimate. The scalable private sector is performing well, adding a private Long-term Archive deal, and improving its margin significantly YoY. We will likely keep our forecasts almost unchanged.

FN

Fredrik Nilsson

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