Unisys (UIS) is scheduled to release its full Q4/FY19 financial figures on February 25. We expect to see mixed Q4 results with Technology business dragging the overall performance down - largely anticipated by the market. We don't expect to see any surprises with regards to adjusted profitability; however, on reported basis, one-off expenses of c. €48m should burden the group's profitability, as highlighted in the recent conference call (no transcript available).
So far, the stock performance was very strong, returning +36% YTD and almost doubling in value after the announcement of the US