RE: 8% Loss Thurs, MM's + US Market Fall9 Sep 2020 11:32
I agree that the broader market is increasingly bearish so we may see a diluted effect of such splendid results and projections.
The thing I am most excited about is their increasingly aggressive acquisition strategy. The announcement of this new US acquisition today (Pivot) builds scale rapidly in one of the biggest global markets for IT sourcing and services. It adds just shy of £1billion turnover and £20m net but with CCC's scale they should be able to build net margin contribution in time. I think the headline amount paid was £60m plus debt so doesn't seem unreasonable and is to be paid out of current cash.