CAST: Weak Q3 2019 sales but FY19 guidance unchanged | BUY | EUR4.3 (+32%)
CAST - BUY | EUR4.3 (+32%)Weak Q3 2019 sales but FY19 guidance unchanged
Q3 2019 sales were weak, but the management’s focus was on H2
Management remains confident in 20%+ growth for 2019
Q4 is the “make-or-break†quarter for the year, as usual for Cast
Cast is engaged in the design, publishing and distribution of computer software programs. Co. also offers IT consulting and technical assistance for professional information systems. Co. operates in France, U.S.A., Belgium, Spain, Italy, Switzerland, and Germany.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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