Q: May I have your comments on earnings please
5i Research Answer:
EPS of $1.36 beat estimates of $1.29. Sales of $1.29B was 1% better than estimates. EBITDA of $132.5M was 5% better than estimates. FSV says it is 'optimistic' about the balance of the year. Revenue rose 16%. EBITDA rose 12%. 'Brands' rose 23%. Guidance on targeet was affirmed. We think these are good numbers, and the revenue growth is impressive considering the sector.