So BoConcept jump 20% in last 30 minutes of trading today. Why?
Well they report Q1 figures at the AGM showing 16% l4l growth, 8% in constant currencies. And a 9%+ ebit margin. It's too much to assume they can repeat such impressive sales growth in later quarters but their FY17 ebit margin target for 2017 is a mere 5-7%. So this is a huge ebit performance which bodes very well for the future.
So? Amazing Q1 margin recovery - Hang in here!
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