Report
Aurelien Deside

VITEC Software: Q1 profitability short of expectations

This morning, VITEC has reported Q1 2025 results in line with consensus expectations for the top-line, but with a miss on profitability expectations due to an unfavorable revenue mix (revenues with lower gross margins increased more while service revenues decreased), along with higher amortisation
Underlying
Provider
Bryan Garnier
Bryan Garnier

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.

Analysts
Aurelien Deside

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