Report

Flash note: 2014 expected in line with consensus

blur Group expects results for 2014 to be in line with consensus and has reiterated its targeted cash flow break-even for Q116. The announcement of a $17m four-year project helps to underpin our bookings forecasts in 2015 and a steady flow of news in recent months regarding new enterprises using the platform points to continued adoption.
Underlying
Maistro

Maistro is engaged in developing and operating an Enterprise Indirect Spend Management Platform that helps private and public-sector organizations achieve significant cost savings and operational efficiencies in both procuring and managing the supply of goods and services. Co., acting as principal, delivers this solution using its proprietary cloud-based software and managed services to create an end-to-end solution that includes sourcing, supplier shortlisting, contract and project management through to payment processing and reporting. Co. focuses on Enterprise buyers and suppliers, with national and multi-national entities engaged on the platform.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch