Search Follow us


mic’s “remarkable change of course” looks to be proceeding well with greatly improved financials and a sharpened focus on three business areas with good potential. Newly reported unqualified accounts for 2017 show a return to profit which, however minimal (€0.1m at the net level), is welcome after the previous year’s substantial loss (c €30m), marked by significant write-downs. Restructuring is apparently largely completed, with management confident that its portfolio focus is “very much on track”. Ahead of the annual report with likely management commentary/ guidance, immediate financial prospects are necessarily hard to assess.

Continue reading

This version is programmatically created by Responsive Labs and qualified in its entirety to the original PDF.

Powered by Responsive Labs