Recall Holdings (REC) FY15 results in line with our estimates

Bell Potter


Recall's regional Results: Americas revenue growth was 9.5% and EBITDA growth 24.1% (Organic revenue +4%; higher growth in SME market.); Asia revenue growth 23.8% and EBITDA growth 16.3% (driven by 11% organic growth and the full-year impact of the Singapore acquisition); Europe revenue decline of 12.5% and EBITDA down 9.1% due to unfavourable economic conditions; Australia/New Zealand experienced a 10.1% revenue decline and 21% EBITDA decline. Net operating cash flow up 12% to US$127.3m. Read the full summary here: (VIEW LINK)

1 topic

Bell Potter

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment