Howie
10.11.2000, 13:35
Moin!
TzUM releases 9m00 results
TzUM has released its 9m00 financials, which are in line with our expectations for the whole year. Sales were up 7% y-o-y in dollar terms, while gross profits increased 11%, bringing the gross margin up from 32% last year to 33%. Net profits rose 6% y-o-y, while the net margin remained unchanged at 10%.These 9m00 financial results show that TzUM is starting to benefit from growth in consumer demand and from its shift in focus towards direct retailing, instead of subleasing. Although we believe that some share price appreciation is possible on the back of improving fundamentals, we retain our Neutral recommendation on the company, due to its small size and a lack of a concrete development strategy, Troika-Dialog reports.
Quelle:
10.11.00
SKRIN "Issuer"
So long
Howie http://www.aktienboard.com/vb/images/smilies/smokin.gif
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Moderator im Russland-Forum
TzUM releases 9m00 results
TzUM has released its 9m00 financials, which are in line with our expectations for the whole year. Sales were up 7% y-o-y in dollar terms, while gross profits increased 11%, bringing the gross margin up from 32% last year to 33%. Net profits rose 6% y-o-y, while the net margin remained unchanged at 10%.These 9m00 financial results show that TzUM is starting to benefit from growth in consumer demand and from its shift in focus towards direct retailing, instead of subleasing. Although we believe that some share price appreciation is possible on the back of improving fundamentals, we retain our Neutral recommendation on the company, due to its small size and a lack of a concrete development strategy, Troika-Dialog reports.
Quelle:
10.11.00
SKRIN "Issuer"
So long
Howie http://www.aktienboard.com/vb/images/smilies/smokin.gif
------------------
Moderator im Russland-Forum