Edison Investment Research - TXT e-solutions (TXT) Flash note: Strong Q2 trading

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Edison Investment Research

Flash note: Strong Q2 trading

Since incorporation in Q2, TXT Performâ€™s Asia Pacific subsidiary has won its first major contract, worth more than â‚¬1m. Combined with strong underlying performance in both divisions, this should result in group revenue growth of c 20% for Q215, ahead of our 8.5% forecast. This should also drive stronger than forecast EBITDA. We leave our estimates unchanged pending full H115 results on 4 August, but highlight that there is likely to be upward pressure on forecasts.

16/07/2015 1 EN

Underlying

TXT e-solutions

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Italy

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.

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TXT e-solutions - On the acquisition trail

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Flash note: Strong Q2 trading

TXT e-solutions - On the acquisition trail

Update: Profits maintained despite licensing weakness

Update: TXT Next is next for international expansion

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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