Econocom Reports Unaudited Consolidated Revenue Results for Third Quarter and Nine Months of 2016; Provides Earnings Outlook for the Year 2016; Reaffirms Earnings Outlook for the Year 2017
For the nine months, the company's revenue was 1,735 million against 1,585 million a year ago.
For the year 2016, the company expects a doubledigit rise in recurring operating profit and another increase in net earnings per share.
For the year 2017, the company expects 3 billion revenue and 150 million recurring operating profit. The group expects to reach its 2017 recurring operating profit target without making any significant acquisitions.