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Quadient's stock price drops 15% due to disappointing full-year performance
Investing.com – French software company Quadient (EPA:QDT) stock fell 14.5% at 10:34 a.m. GMT on Thursday after the company reported full-year results that missed analyst expectations.
The group announced full-year sales of €1.04 billion ($1.2 billion) and a profit of €230 million. The reported EBITDA was about €5 million below expectations.
Kepler Cheuvreux described this performance as “disappointing” in a research report published after the announcement.
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