Kwan Kim's questions to Neo-Concept International Group Holdings (NCI) leadership • Q2 2018
Question
Kwan Kim of SunTrust inquired about the factors driving confidence in a second-half recovery for the healthcare segment and the potential timing for increased hiring. He also asked for more detail on how the preliminary 9% to 12% organic growth target for 2019 would be distributed among the business segments.
Answer
CEO Julie Howard expressed confidence in the healthcare segment's recovery due to the quality of their team, strong client relationships, a solid pipeline, and persistent margin pressures on health systems creating demand. She noted that while the company doesn't provide segment-level guidance, a significant portion of the 2019 growth is expected from the Health System Solutions joint venture, implying a higher growth profile for the healthcare business. She also clarified that the projected 120% EPS growth for 2019 translates to approximately $2.00 per share.