Kudelski: Surges on stronger-than-expected segment performance
22/01/2021 08:15
** Shares in Kudelski KUD.S rise 17.1% and are on track
for their best day in over four months after the Swiss IT
services company posted a business update on its 2020
performance
** Kudelski says its 2020 EBITDA came in above the $45-55
million range of its latest guidance urn:newsml:reuters.com:*:nFWN2JW19P
** Vontobel says Kudelski's Digital TV and Public Access
businesses exceed both Kudelski's own outlook and consensus in
H2
** It adds the positive cash flow development is welcome,
especially in view of the weak balance sheet
** Shares hit their highest level since the beginning of
June last year
((Veronica.snoj@tr.com))