Brunel : Weakening end-markets with a management team that needs to settle
>For Q3 we expect revenue growth but at lower margins - Brunel is set to reports its 3Q trading update on Friday 1 November. We forecast 3Q EBIT of €17.0m, down 9.7% YoY and representing an EBIT margin of 4.8%. We expect the company to report revenues of € 356m for the quarter (+4.2%) after it reported revenue growth rates of 10.3% in Q1 and 5.7% in Q2. The main item in these Q3 results is likely going to be the company’s performance in the German market (DACH), which...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.
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