Veda Group: Result 2015

Veda Group delivered the goods in 2015 but future free cash flow generation will be weaker than expected.

Veda Group’s 2015 result was bang in line with expectations. Revenue, EBITDA, net profit and earnings per share (EPS) all grew by double digit rates (see Table 1). They needed to, because Veda trades on a premium price-earnings ratio of 22.


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