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FY2018 Annual Report: Descartes Systems maintains double digit EPS Growth Corporate Wire Date: 22 September 2018 00:32 EDT

Sep 22, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Descartes Systems (TSX:DSG), announced EPS of 35.0c for the year-ended 31 January 2018, up 12.9% from 31.0c in the previous year. Last year the company had reported EPS growth of 14.8% from 27.0c in FY2016 to 31.0c in FY2017.

Major changes compared with previous year:

Favourable Changes:

- Total Liabilities to Operating Cash Flow of 1.8 compares favourably with the Joseph Piotroski benchmark of less than 4. However, it has deteriorated by 82.3% from the...