FY17 trading was in line with expectations, with good sector performance in the context of wider industry trends. The CPM acquisition should aid another premium growth year in 2018, beyond which the UK economic outlook should be clearer. Rating premia are earned during growth phases, but can also be sustained during less favourable industry conditions via relative outperformance, and this is what we expect to prevail at Marshalls.
11 Jan 2018
Marshalls - Well positioned in sectors with best prospects
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Marshalls - Well positioned in sectors with best prospects
Marshalls plc (MSLH:LON) | 258 -28.3 (-4.1%) | Mkt Cap: 651.4m
- Published:
11 Jan 2018 -
Author:
Toby Thorrington -
Pages:
2
FY17 trading was in line with expectations, with good sector performance in the context of wider industry trends. The CPM acquisition should aid another premium growth year in 2018, beyond which the UK economic outlook should be clearer. Rating premia are earned during growth phases, but can also be sustained during less favourable industry conditions via relative outperformance, and this is what we expect to prevail at Marshalls.