Brexit applies a strong currency and customer-growth headwind to Xero
Xero still likely to show significant grow in Britain this year despite a possible recession and the plummeting British pound denting its revenue growth. With special feature audio.
Jenny Ruth Thu, 30 Jun 2016
Brexit is applying a strong headwind to accounting software company Xero’s [NZX: XRO] revenue growth and the company could also see slower growth in Britain.
Craigs Investment Partners analyst Stephen Ridgewell estimates that headwind at about 6%.
