|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||16.81 - 16.81|
|52-week range||16.81 - 16.81|
|Beta (5Y monthly)||1.49|
|PE ratio (TTM)||43.78|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
PARIS (Reuters) -French technology services company Solutions 30, whose shares have fallen this year on concerns over corporate governance issues, said it aimed to have new management procedures in place by the fourth quarter. The company, which has its corporate headquarters in Luxembourg and shares listed in Paris, issued the update as it reported a 22.9% increase in second-quarter revenue from a year ago, to 216 million euros ($255.53 million). "Solutions 30 is continuing its progress plan and in early June launched a transformation plan designed to strengthen its organisation in terms of governance, risk management and compliance, with the aim of having new management and control procedures in place by the fourth quarter of 2021," it said.
PARIS (Reuters) -Technology services company Solutions 30, whose shares have plummeted due to the double whammy of hedge fund Muddy Waters criticising its business practices and EY refusing to sign off its accounts, needs a few months to solve its problems, its CEO said on Wednesday. Solutions 30 lost three quarters of its stock market value when it resumed trading on Monday after a two week suspension requested by the company, which was then under pressure from France's financial regulator to publish its 2020 audited results. In early trading on Wednesday, Solutions 30 share recouped some of the lost ground, gaining 11% to 3.10 euros, but that level is still more three times lower than its May 10 closing price of 10.38 euros.
PARIS (Reuters) -France's AMF market regulator on Tuesday urged Solutions 30 to publish its annual financial report and an auditor's signed-off report. A spokeswoman for Solutions 30 said she had no immediate comment to make on the AMF's statement. Solutions 30 in January filed a defamation suit against Muddy Waters in response to criticism from the U.S.-based hedge fund, which holds a short position Solutions 30 shares.