Report
Robin Leclerc (IDMidCaps)

Esker - A disappointing H1, reinforcing our doubts about operating leverage

A fall in H1 results in line with our expectationsA revision of our guidance on operating profit, which was to be expectedValuation still far too high in our viewOur Reduce opinion is maintained, as our doubts about operating leverage have not been dispelled.
Underlying
Esker SA

ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

Analysts
Robin Leclerc (IDMidCaps)

Other Reports on these Companies
Other Reports from Degroof Petercam

ResearchPool Subscriptions

Get the most out of your insights

Get in touch