Planisware: guidance cut confirms our cautious stance
Planisware has reported Q3 2024 top-line results 1.1% below the official consensus (4% below FactSet), and 0.4% below our estimates, and proceeded to cut its FY 2024 top-line guidance from 19.5% to 17.5% (midpoint), on the back of longer customer decision-making processes that have led to delayed s
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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