A narrower focus on core business strengths driven with greater operational intensity is an appealing proposition under a revised strategy and new senior management team. More detail will emerge here, but an intention to regain revenue momentum will be a clear marker to watch. H120 results were in line with pre-close comments and our earnings estimates are unchanged at this stage. They – and we suspect the company valuation – have yet to fully factor in renewed strategic impetus.<
09 Dec 2019
Walker Greenbank - Strategy refreshed, key estimates unchanged
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Walker Greenbank - Strategy refreshed, key estimates unchanged
Sanderson Design Group PLC (SDG:LON) | 104 0 0.0% | Mkt Cap: 74.9m
- Published:
09 Dec 2019 -
Author:
Toby Thorrington -
Pages:
14
A narrower focus on core business strengths driven with greater operational intensity is an appealing proposition under a revised strategy and new senior management team. More detail will emerge here, but an intention to regain revenue momentum will be a clear marker to watch. H120 results were in line with pre-close comments and our earnings estimates are unchanged at this stage. They – and we suspect the company valuation – have yet to fully factor in renewed strategic impetus.<