Seven Principles - Glimmer of recovery

Tuesday, Nov 13 2012 by

Nov 13th 2012 - Edison Investment Research today published a report on Seven Principles entitled "Glimmer Of Recovery". In summary, the report says:

While Seven Principles’ previous strong growth streak has been interrupted by the weak economy, disruption in its client base and staff churn from to an organisational restructuring, Q3 results show signs of stabilisation. There is still work to do but the restructuring is progressing, churn has stabilised and margins should continue to recover over the next 12 months. The timing of a full recovery is hard to gauge, but the company is well positioned in its key verticals and recent initiatives should strengthen its footing in growth segments such has enterprise mobile, cloud computing and database technologies.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »