OM:VIT BSoftware
Vitec Software Group (OM:VIT B) Margin Decline Tests Growth Optimism Despite Strong Track Record
Vitec Software Group (OM:VIT B) posted a solid 6.2% EPS growth for its most recent period, falling short of its five-year annual average of 21.7%. Net profit margins declined to 11.1% from 12.2%. Looking ahead, analysts expect the company to accelerate earnings at 18.1% annually, with revenue forecast to climb 13.9% per year. This signals that market optimism about continued growth may be well-placed.
See our full analysis for Vitec Software Group.
Now, let’s see how these latest results...