Updates

SQS - 11th year of growth ahead despite some pains

October 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Speaking to finance director Rene Gawron following SQS’ interims, it’s clear that despite a sharp downgrade this month, 2015 will still rank as the 11th year of growth.For the six months to end June, sales were up 16% to €150.3m and adjusted pretax profit grew 6% to €9m. Eps increased by a similar 6% to 17 cents. During the period the company moved into a net debt position of US$26.5m reflecting the acquisitions of Trissential (US) and Bit Media (Italy) as well as further investment in its indian test centre.Bitmedia and Trissential contributed €4.2m and €2.4m for five months and one month, respectively. Stripping that out, organic growth was 11%.The swing factor is Managed Services, whic ...

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Kalibrate

Wilmington

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SQS (May 2016)

SQS - Quadruples US presence with acquisition (July 2015)

SQS - Plans to make USâ€ˆacquisitions (April 2015)

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