As flagged in January, Carr’s Group’s UK agricultural activities have been adversely affected by the mild winter. In addition, the Engineering division had a slow start to the year because of contract phasing. Both the group’s divisions appear relatively unaffected by the COVID-19 pandemic, so we leave our estimates unchanged for now following the downwards revision we made last month reflecting a delay in major engineering orders and unrelated to the coronavirus outbreak.
15 Apr 2020
Carr's Group - Demand and balance sheet resilience
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Carr's Group - Demand and balance sheet resilience
Carr's Group PLC (CARR:LON) | 122 -2.4 (-1.6%) | Mkt Cap: 115.4m
- Published:
15 Apr 2020 -
Author:
Anne Margaret Crow -
Pages:
7
As flagged in January, Carr’s Group’s UK agricultural activities have been adversely affected by the mild winter. In addition, the Engineering division had a slow start to the year because of contract phasing. Both the group’s divisions appear relatively unaffected by the COVID-19 pandemic, so we leave our estimates unchanged for now following the downwards revision we made last month reflecting a delay in major engineering orders and unrelated to the coronavirus outbreak.