We looked at the 2018 results of Pöyry, its last financials before its acquisition by ÅF. The results confirmed that Pöyry has succeeded in its recovery: its 2018 revenues were up 10.9% in 2018, to EUR 580m, and its adjusted EBIT margin was 7.5%, up 250 bps.
Luxoft’s automotive R&D unit accelerates in Q3 FY19: +56%
Luxoft’s Automotive and Transportation unit had a stellar performance in Q3 FY19, with revenue growth of +56%.
Alten concludes 2018 with a 14% organic growth in Q4!
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HCL Tech’s ERS continued high growth. Up 17% in Q3 FY19
The revenue growth of HCL Tech’s ERS unit continued to be high in Q3 FY19 to 17.4% yoy at CC. Revenues well above the half-billion threshold, to USD 562m, comforting HCL Tech as the third largest ER&D service vendor globally.
Ricardo continues to suffer in its core UK automotive market
British ER&D service vendor Ricardo provided a “trading update” that suggested a soft performance in H1FY19, the period ending December 31, 2018.
Cyient suffered from a slowdown in its Service business in Q3 FY19
Cyient’s revenues were up 8.6% yoy and up 10.7% yoy at CC in Q3 FY19 to $165m.
Bertrandt reaches EUR 1bn in annual revenues
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SII improves its profitability in H1 FY19, somewhat
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Assystem: Rebound Stronger Than Expected in Q3
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UPDATED: Cyient: Another Solid Performance in Q2 FY18
UDATED: Cyient: Another Solid Performance in Q2 FY18 Cyient continued, in Q2 FY19, to enjoy double-digit
Akka posts a strong performance in Q3 with a 12.8% organic growth
Akka was the last to announce its revenue performance in Q3 2018, after Alten and Altran.
Altran Reassures Investors with its Organic Growth in Q3. Stock up 15%
Altran had a yoy CC/CS revenue growth of +10.4% in Q3 2018, with revenues reaching EUR
HCL Tech in Q2 FY19: another brilliant quarter for ERS
HCL Tech’s ERS unit had another impressive performance with a CC growth in Q2 FY19 of
ÅF’s Q3 2018: it is all starting to make sense
ÅF achieved a CC/CS revenue growth of 6.0% in Q3 2018, reaching revenues of SEK 2,995m
Alten: Best-in-Class. Struggling to Find Enough M&As at the Right Price
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Ricardo: Performance Products Saves the Day
Ricardo announced its full-year FY 18 results, which were in line with its trading update of
Bertrandt Accelerates in Q2 thanks to its Physical Engineering Business
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Spotlight on Akka’s activities in Germany
This week, Akka presented its H1 2018 results. Much of the discussion during the presentation revolved
UPDATED: Altran Finds No Additional Forgery in Aricent’s Accounts: Stock Still Down by 8%
There is a bit of irony about the performance of the stock of Altran on Thursday:
SII Continues to Impress in Q1 FY19
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Ricardo’s Trading Update: Strong Revenue Growth. Unclear about Profitability
British ER&D vendor Ricardo unveiled its “trading update” to provide some information about its financial performance
Akka Slows Down in Q2 Despite A Flat Number of Working Days
Akka’s CC/CS revenue growth in Q2 2018 slowed down to 6.2% (to EUR 358m), despite a
EDAG: Strong Performance in H1 2018. Increases Revenue Guidance
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ÅF’s Organic Growth Accelerates Sharply in Q2 to +6% after a Flat Q1
ÅF had a solid Q2, with CC/CS revenue growth of +6.9%, and reported growth of +11.7%,