WBAG:CPIReal Estate
CPI Europe (WBAG:CPI) Stock Faces Profit Squeeze Despite Steady Revenue
CPI Europe stock went into this earnings print treading water, with the share price flat over the past week and only small moves over one and three months. The headline today is a sharp squeeze in profitability despite steady revenue. Quarterly net income fell to €53.3m on revenue of €196.1m, a much thinner result than recent quarters and a stark contrast to the very high trailing net margin that included a large one off gain.
The market now has to decide whether today’s weaker margin picture...