Report
FREE
DATAGROUP - Acquisitions significantly broaden the offering
FY17 was a year of strong growth for DATAGROUP, with revenues rising by 28% and EBITDA surging 42%. The EBITDA margin rose by 120bp to a record 12.1%. The core cloud services continue to grow strongly, rising by 64% and recurring sales represented 70% of total revenue (which translated to 88% of gross profit), up from 66% in FY16. In August 2017, DATAGROUP acquired ikb Data to extend the group’s offering into the financial services sector and in January 2018 it announced the acquisition of Almato, a pioneer in Robotic Process Automation. Consequently, DATAGROUP is building a number of key differentiators in its markets.
Provider
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 from Edison Investment Research
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.