Exclusive Networks: Q1 growth dampened by high comps as expected
Yesterday evening, EXN reported Q1 2024 results in line with our estimates, suffering the effects of exceptionally high Q1 2023 comps. The group also reiterated its FY guidance and provided more details on its NEXTGEN acquisition.
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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