ATHEX Group (EXAE)

ATHEX Group (EXAE) will release its 1Q18 results today, post market close. We forecast revenues of EUR 7.1m (+28% y-o-y), EBITDA of EUR 2.7m (vs. EUR 1.3m in 1Q17) and net profits of EUR 1.4m (vs. EUR 0.4m in 1Q17). The company will hold a conference call tomorrow at 16:00 Athens time (14:00 UK time).

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