Brunel : A strong performance in 4Q, and the dividend proposal provides comfort
>Strong 4Q results - Brunel reported a strong set of 4Q results. Revenues came in at EUR 209.3m versus our forecast of EUR 205m, and 4Q EBIT increased substantially to EUR 9.8m, above our forecast of EUR 7.6m. This result was supported by ongoing strong cost control resulting in 21% cost reduction. To produce a stable revenue compared with 3Q is a solid performance, given the usual seasonality. Dividend and outlook comforting - Management proposes a...Accrued employee expensesBrunel is a global provider of business services that specializes in the flexible placement of professionals in the fields of Engineering, IT, Legal, Finance, Insurance & Banking and Energy. Co. provides such specialists through a range of staffing, project management, recruitment and consultancy services. Co. serves the world market for professional staffing and recruitment services from two main perspectives. On the one hand, Co. aims its services at specific supra-regional business lines. On the other hand, Co. focuses on specific countries such as The Netherlands, Germany, Belgium and Canada.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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.