My patience with the high quality Spanish technology growth stock Let's Gowex SA (MCE:GOW) is finally bearing fruit. They are up 9% today on the back of some impressive half year results.

• TURNOVER : €57 M; + 40 %
• EBITDA : €12,5 M; +55 %
• EBIT : €10,7 M + 40%
• The Company’s goal for 2013 is to reach €170 Million revenue, improving its operational profitability compared to 2012

See more at ... http://www.gowex.com/en/gowex-cierra-el-primer-semestre-del-2013-con-79-millones-de-euros-de-beneficio-neto/

Their revenue, profit and eps growth graphs on the stock report as exemplary. Hopefully these results will drive move the price out of the €6 doldrums.

Comments welcome
Phil

Unlock the rest of this Article in 15 seconds

or Unlock with your email

Already have an account?
Login here