Connect has released an encouraging update for the 44 week period to 7th July. The highlights for us are a solid performance at Connect News & Media and continued strong growth (revenue +20.6%) at recently acquired Connect Parcel Freight. Parcel Freight/ Tuffnells looks to us to be an excellent addition to the Group. It is a specialist business with good margins (high single digit) and an impressive track record of revenue and profit growth. After the disappointments of previous acquisitions (Be ....
07 Jul 2015
Encouraging update, strong performance from Parcel Freight
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Encouraging update, strong performance from Parcel Freight
Connect Group (CONN:EBR) | 0 0 0.0% | Mkt Cap: 25.3m
- Published:
07 Jul 2015 -
Author:
James Tetley -
Pages:
3
Connect has released an encouraging update for the 44 week period to 7th July. The highlights for us are a solid performance at Connect News & Media and continued strong growth (revenue +20.6%) at recently acquired Connect Parcel Freight. Parcel Freight/ Tuffnells looks to us to be an excellent addition to the Group. It is a specialist business with good margins (high single digit) and an impressive track record of revenue and profit growth. After the disappointments of previous acquisitions (Be ....