
NEWSFLOW
System1 (#SYS1) – Q3 revenue +8% YoY, profitability “in line with management's expectations”
- 2022-02-09 07:29:55
Shares in marketing consultancy group System1 (SYS1) are currently lower today at 360p on the back of a “Complaint for Trademark Infringement” announcement, but are still well up from 250p before a trading update last month. So what’s the story here at present?...
An announcement from System1 Group (SYS1) commences that this “Advertising Effectiveness Agency, is today providing a Trading Update for its financial year to the end of March 2021 ahead of its results announcement on 29 June 2021”. This includes “sales picked up faster than adjusted operating costs” – and the shares have currently responded to 240p, 26% higher. Justified?...
Previously writing on marketing services group System1 (SYS1), in November I concluded its stated upside potential is still very much to be proven and the shares only on the watchlist. Today “Trading Update and Planned Share Buyback”…