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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

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%.

Mr Ridgewell says the most significant move has

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Jenny Ruth
Thu, 30 Jun 2016
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Brexit applies a strong currency and customer-growth headwind to Xero
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