mVISE - Resilience and product growth?
In Resilient in the downturn we highlighted how a strong showing from mVISE’s services business (+6% y-o-y) saw it deliver growth, margin uplift and cash flow in H1 despite the COVID-19 pandemic. However, this was partially offset by another shortfall in product sales, which were affected. Nevertheless, mVISE remains confident about its longer-term prospects here. This appears to be shared by the market; consensus sees sales growth accelerating to 15% in FY21 and the rating (c 18x FY21 EV/EBIT) stands at a premium to a pure-play service company.mVISE AG, formerly known as Convisual AG, is a Germany-based information technology (IT) company and provider of consulting, implementation and operations services for mobile business solutions. It focuses on the areas of mobility, virtualization and security. Mobility specializes in the development and provision of mobility solutions for smartphones and tablets. Virtualization comprises cloud and IT solutions. Security focuses on security aspects and secure solutions in business environments and data centers. The Company's main product is SaleSphere, which comprises a product management system and allows users to create and manage presentations and to create reports, among others. The Company operates from two offices in Dusseldorf and Frankfurt.
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.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.