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BRIEF-EQS Group expands strategic focus to governance, risk & compliance business segment
September 26, 2017 / 8:44 AM / 24 days ago

BRIEF-EQS Group expands strategic focus to governance, risk & compliance business segment

Sept 26 (Reuters) - EQS GROUP AG:

* DGAP-ADHOC: EQS GROUP AG EXPANDS STRATEGIC FOCUS TO GOVERNANCE, RISK & COMPLIANCE BUSINESS SEGMENT

* ‍SUSPENSION OF DIVIDEND PAYMENTS FOR 2017 FINANCIAL YEAR EXPANDS SCOPE FOR INVESTMENT​

* ‍EXPECTS REVENUES OF EUR31.2 TO EUR32.5 MILLION FOR 2017 FINANCIAL YEAR​

* ‍EXTENSIVE EUR8 MILLION INVESTMENT PROGRAM UNTIL 2020, LEADING TO HIGHER REVENUE GROWTH BEGINNING IN 2019​

* ‍SALES GROWTH OF 10-15% IS EXPECTED FOR 2018 FINANCIAL YEAR AND IS EXPECTED TO INCREASE TO 15-20% BEGINNING IN 2019​

* ‍GROUP‘S PLANNING FORESEES EXPENSES OF EUR 2.2 MILLION BY YEAR‘S END​

* ‍2017 NON-IFRS WILL DECREASE TO EUR2 TO EUR2.3 MILLION AS A RESULT OF INVESTMENT PROGRAM UNDERTAKEN IN 2017​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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