BAGS AND SPANISH MARKETS. RESULTS 1 º T 2010.
The first comment posted on the company dates from 3/12/2008. Little time ago released the results of the first quarter of 2009.
The information presented indicates that the company managed to grow all relevant quantities, ie revenue, EBITDA and Net Income. It is worth noting
:
1) EBITDA of 53 million Euros, an increase of almost 10% over the same quarter of 2009.
2) Net income of 36 million / Euro, with growth above 7% over the same quarter of 2009. Considering
capitalization at the close of yesterday 5 / 5, this means that the company trades at a PER of about 9.4 times.
recruitment Moreover, despite competition that exists today, is steadily and continuously improving over 2009.
These results are in line with what has been said in previous reviews and therefore still seem to me entirely valid and value the opinions I have been making several comments from the above date.
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