Dec 08th 2008 - Edison Investment Research today published a report on Idox (IDOX.L, LSE:IDOX, LON:IDOX) entitled "Sole Survivor". In summary, the report says:
IDOX has reported annual results slightly ahead of our expectations on the back of healthy organic growth and the benefits of two recent acquisitions. Over the medium term, we continue to believe margins in the core software business can approach 30%, which suggests a substantial uplift in profitability from current levels. In addition, recent corporate activity also highlights the potential valuation upside.
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