Published on: November 6, 2015
Cautious trading statement
Amino has recently released a cautious trading statement. Both revenue and cost synergies from the recent Entone and Booxmedia acquisitions are ahead of plan, with integration going well. However, a second-half revenue shortfall in the traditional Amino business will impact FY15 financial performance. In light of the announcement, and the recent Entone acquisition, we introduce new forecasts, and note the company’s re-iterated commitment to a progressive dividend policy.
