June 18, 2017

Devoteam

We feel BEARISH on the markets.

"Your banker will definitiely advise you NOT to buy these tips"

DVT.PA (ISIN: FR0000073793)

Devoteam SA is a France-based information technology (IT) consulting company. It provides advisory services on marketing, telecom and systems security relating to IT, solution and system integration, project management, application development, provides outsourcing, implementation and customer support. 

Market: Euronext Paris

http://www.tucowsinc.com/


Gain over the last quarter: +15.2 %

Fair value: 72.50 €
Discount: N/A
Average yearly return: 53%
Yield: 2.2%
Outperformer

On May 16, 2017 DEVOTEAM announced 
* Q1 REVENUE EUR 149.9 MILLION VERSUS EUR 133.4 MILLION YEAR AGO
* RAISES FY 2017 REVENUE OBJECTIVE TO CLOSE TO EUR 600 MILLION
* GROUP MAINTAINS ITS FY 2017 OPERATING MARGIN TARGET OF 9 PERCENT

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