Gamma Communications : Launching a share buy-back
>2024 outlook broadly in line - Gamma reported its FY 2023 results this morning. Gamma announced a share buy-back of up to £ 35m, as the company wants to put its strong balance sheet with £ 135m net cash to work.For 2024, Gamma appears confident regarding consensus expectations but with an adjustment of £ 3m over 2024-2025 for the implementation of new cloud-based Finance and HR systems. The company is suggesting a consensus range of £ 118-127m for adjusted ...Gamma Communications is a communications company. Co. has two main operating segments: Indirect, which sells Co.'s products to channel partners; and Direct, which sells Co.'s products to end users in the SME, Enterprise and Public Sectors together with an associated service wrap. Both operating segments sell a combination of products and services (which is mainly voice traffic from which revenues are derived from channel partners and other carriers as well as rentals for wholesale lines) and growth products and services (which consists of IP voice traffic, rental income derived from SIP trunks, hosted IP voice systems and Gamma's hosted inbound product and data products)
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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