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MarketScreener Homepage  >  Equities  >  DUBAI FINANCIAL MARKET  >  Emirates Integrated Telecmnctns Com PJSC    DU   AEE000701012

EMIRATES INTEGRATED TELECMNCTNS COM PJSC

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Emirates Integrated Telecmnctns Com : EITC appoints Start Design as its new brand design agency

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01/11/2019 | 10:19pm EDT

Following a multi-agency pitch, Emirates Integrated Telecommunications Company (EITC) has announced the appointment of Start Design as its new brand agency of record.

The remit covers key areas such as brand architecture development, and brand and visual identity development in support of the digital transformation of EITC’s portfolio of brands, including du and Virgin Mobile.

Commenting on the appointment, Osman Sultan, CEO, EITC, says in a statement, “As a dynamic group managing top-tier customer-facing brands, we are at the forefront of technological revolution – hence it was natural for us to look out for a new generation consultancy to shape our future brand design. We are delighted to have Start Design on board, and we feel they are well-equipped to carry forward our journey.”

“We are very pleased to be working with EITC for their multiple brands, which we believe are key players in the UAE’s digital revolution. Our mandate is to help redesign and reshape the du brand using technology and experiences, and to ensure that the design passionately connects to people living and working in the UAE,” adds Mike Curtis, founder and group CEO of Start Design.

(c) 2019 MediaQuest Corp. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (AED)
Sales 2019 12 866 M
EBIT 2019 3 729 M
Net income 2019 1 726 M
Finance 2019 2 046 M
Yield 2019 6,65%
P/E ratio 2019 13,6x
P/E ratio 2020 12,9x
EV / Sales2019 1,69x
EV / Sales2020 1,52x
Capitalization 23 843 M
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 6,49  AED
Last Close Price 5,26  AED
Spread / Highest target 26,4%
Spread / Average Target 23,3%
Spread / Lowest Target 19,8%
EPS Revisions
Managers
NameTitle
Osman Sultan Chief Executive Officer
Mohamed Hadi Ahmad Adbulla Al-Hussaini Chairman
Farid Faraidooni Chief Operating Officer & Deputy CEO
Amer Kazim Chief Financial Officer
Ziad Abdullah Ibrahim Galadari Independent Non-Executive Director
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