Margin Expansion

Margin expansion means a company keeps more of each dollar of sales as profit, usually through pricing power or scale. Combined with growing revenue it makes earnings grow faster than sales. This screen lists stocks on European exchanges whose latest quarterly net margin, net income divided by revenue, is at least 2 percentage points higher than in the same quarter a year earlier, while revenue grew more than 10%, with the net margins shown for both quarters. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.