Eckoh (LON:ECK) - Investing for growth

Monday, Apr 23 2012 by

Apr 23rd 2012 - Edison Investment Research today published a report on Eckoh (ECK.L, LSE:ECK, LON:ECK) entitled "Investing For Growth". In summary, the report says:

Eckoh expects to report in line FY12 results. The company continues to invest to drive revenue growth and we reduce our FY13 EPS forecast by 10% to reflect slightly higher expenditure. Eckoh has also expanded its customer base with its first local authority contract, won in conjunction with new reselling partner Azzurri. On an ex-cash basis, Eckoh trades at a discount to the market.




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