The recovery in both US feed block sales and the UK manufacturing businesses noted at Carr’s Group’s AGM in January has continued through to the end of June. As both divisions are trading slightly ahead of management’s expectations at the interim stage, we raise our estimates again and revise our indicative valuation from 169p/share to 178p/share.
18 Jul 2018
Carr's Group - Both divisions slightly ahead of expectations
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Carr's Group - Both divisions slightly ahead of expectations
Carr's Group PLC (CARR:LON) | 129 -2.6 (-1.5%) | Mkt Cap: 121.5m
- Published:
18 Jul 2018 -
Author:
Anne Margaret Crow -
Pages:
4
The recovery in both US feed block sales and the UK manufacturing businesses noted at Carr’s Group’s AGM in January has continued through to the end of June. As both divisions are trading slightly ahead of management’s expectations at the interim stage, we raise our estimates again and revise our indicative valuation from 169p/share to 178p/share.