About this episode
Tecnotree's Q3 revenue decreased by 2%. The weakening of the dollar created a clear headwind for top-line development, and at constant exchange rates, revenue grew by 5%, but despite currency changes, revenue development was softer than expected. A significant portion of the EBIT miss was explained by a provision related to trade receivables. CEO Padma Ravichander and CFO Indiresh Vivekananda comment in an interview with analyst Roni Peuranheimo.
Topics:
00:00 Introduction
00:21 Highlights of Q3
02:16 Operating profit and AR provisions
03:58 Increased expenses due to recruitments
05:33 Free cash flow
07:09 Guidance
08:57 Guidance regarding DSO
11:46 CCD situation
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