Netcompany: Jumps after Q2 beat in a tough quarter

Netcompany A/S

20/08/2020 09:05

** Shares in Danish IT services provider Netcompany
 NETCG.CO  rise 5% to top regional benchmark index STOXX 600
 .STOXX  as Q2 results soared amid market uncertainty and beat
estimates  urn:newsml:reuters.com:*:nASN000B16
    ** "Outperformance was driven by higher than expected
revenue growth", Jyske Bank analysts say, citing "strong"
revenue growth within the public unit
    ** The broker adds the company's market in Denmark was not
affected by COVID-19
    ** Jyske Bank expects consensus estimates to be upgraded by
3-4% 
    ** Shares in Netcompany are up 50% year to date

 ((boleslaw.lasocki@tr.com))