Talkpool: First comment, LCC performing in line
This afternoon, Talkpool published their fourth quarter report of 2017. Talkpool’s sales were in line with our expectation of EUR 6. 12m. EBITDA amounted to EUR 0.
33m, which was just slightly below our estimate of EUR 0. 40m. The deviation in EBITDA can mainly be explained by problems in Mauritius.
However, the biggest takeaway from the report is that LCC seems to be exceeding Talkpool’s expectations.