UTi Worldwide Inc. (UTIW) – Full update report for 4Q 08 and FY 2008 results. Free research report on 4Q 08 results.
Posted by on May 20th, 2008 at 01:16pm
escape from the cube wrote an interesting post today on
Here’s a quick excerpt
UTi Worldwide Inc’s (UTIW) FY 2008 revenues and profitability were in line with our estimate. Although 4Q 08 revenues were above our estimate, operating profitability was below our estimate due to higher than expected operating expenses. Going forward, although we expect a robust growth in revenues given an anticipated strong performance across all segments, we expect margins to be negatively impacted given the expected downward pressure due to rising operating expenses and a weak economic en
Read the rest of this great post here
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