The earlier publication of interim reports gives listed companies competitive advantages in the capital markets. Companies that publish quarterly reports 4-5 weeks after quarter-end rather than waiting until the last possible moment demonstrate that they run an efficient organisation, which can help to build confidence amongst investors and analysts.
Competitive advantages and media attention
Companies that publish first in their sector receive the most media attention and analyst time. When several companies within the same industry report during the same week, analysts and financial media tend to focus on those that publish first. Earlier publication gives a company the opportunity to set the agenda and influence the discussion about the entire sector, which might benefit a company’s share price relative to competitors.
Requirements for express translation
For listed companies with international investors, earlier publication means that translation into English must happen very quickly. Express translation of quarterly reports takes 24–48 hours, which requires good planning and an experienced partner. Companies that wish to publish early should contact their language consultant as soon as the closing process begins so that translation can happen in parallel. A translation partner with ISO-certified system support offers IFRS experts for fast and accurate translation, a dedicated project manager for listed companies’ quarterly reporting, flexible capacity for express handling and uses the four-eyes principle for quality assurance even with rapid deliveries. Fluid Translation has extensive experience in delivering fast translations. Read what our clients think here.