Brunel : Q4 results below (already reduced) estimates
>Q4 EBIT below already reduced guidance after the November warning - Brunel reported Q4 revenue and EBIT of €344m and €15.5m respectively, compared with our forecast of €343m and €16.9m. At the Q3 results, the company already warned that recent developments in offshore wind was going to impact the performance at Taylor Hopkinson (particularly in perm placement) which could impact Q4 gross profit by €3-4m. Also, a delayed start to a project in Qatar (from 2H23 to 1H24)...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.