Marlowe plc (MRL) has announced its interims for FY19E, delivering 57% YoY revenue growth to £56.4m. Both operating segments contributed to the growth, benefitting from good organic and acquisitive-led growth. Owing to the predictability of MRL's cash flows, the company has more-than-sufficient access to capital to further its acquisitive strategy. We assess the market is underappreciating the company's recent strong progress and the significant opportunity available to continue its growth. We u ....
04 Dec 2018
Cenkos: Marlowe Plc - Outperforming & Undervalued
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Marlowe Plc - Outperforming & Undervalued
Marlowe Plc (MRL:LON) | 515 15.5 0.6% | Mkt Cap: 498.6m
- Published:
04 Dec 2018 -
Author:
Cavendish Research -
Pages:
7
Marlowe plc (MRL) has announced its interims for FY19E, delivering 57% YoY revenue growth to £56.4m. Both operating segments contributed to the growth, benefitting from good organic and acquisitive-led growth. Owing to the predictability of MRL's cash flows, the company has more-than-sufficient access to capital to further its acquisitive strategy. We assess the market is underappreciating the company's recent strong progress and the significant opportunity available to continue its growth. We u ....