Takeaways from the Q3 13 results: better trends to come

News published on November Thursday 21, 2013
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We consider the Q3 13 sales and results reported by European Software and IT Services companies were slightly below expectations on average, but the momentum looks to be improving. We believe the trough were reached in Q2 13 and the trends improved in Q3 13, while we expect further improvement from Q4 13 as comps become easier than before. Our Top Picks remain SAP and Altran.


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