Friday January 23, 01:38 PM
Glance-STOCKS NEWS EUROPE-Telegate up; CEO upbeat on transformation
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Stocks on the move Real (Frankfurt: BJU1.F - news) -time Equity News
13:22GMT 23Jan2009-Telegate (Xetra: TGT.DE - news) up; CEO upbeat on transformation
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Shares in call centre service provider Telegate rise 1.5 percent
after the company's chief executive, late Thursday, says he is upbeat about the
company's integration of its new Media segment, despite the ongoing economic
crisis.
'According to the management the (company's) transformation is very well on
track,' DZ Bank writes, repeating a 'buy' rating on the stock.
'The new Media segment already accounted for 12 percent of consolidated
sales at the end of the third quarter. Hence, the company plans to increase its
sales force by 200 people by 2010.'
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