GMO internet (9449) – 14th March 2013 (1,235 Words)
Aggressive promotion: Downgrade Positive to Mixed
Summary: We have long argued that GMO internet’s Web Infrastructure & Ecommerce business is the jewel in the company crown, boasting dominant market shares across a wide range of product areas. FY14, however, is likely to prove a year of investment as the company aggressively promotes newly launched & acquired domain names whilst also bulking up their engineer recruitment program. We expect this to result in a significant divisional earnings deceleration.
CONTACT US TO PURCHASE THE FULL REPORT