Management recently flagged licence and UK order book development below levels anticipated at the AGM and lowered FY19 PBT guidance to the £9.5–10m range. The share price is now at its lowest level for over five years and – trading below NAV – implicitly attributes no value to the brand portfolio. A dividend yield in excess of 5% could also be an attraction.

03 Aug 2018
Walker Greenbank - Earnings pressure but asset backing

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Walker Greenbank - Earnings pressure but asset backing
Sanderson Design Group PLC (SDG:LON) | 52.5 0 0.0% | Mkt Cap: 37.9m
- Published:
03 Aug 2018 -
Author:
Toby Thorrington -
Pages:
3 -
Management recently flagged licence and UK order book development below levels anticipated at the AGM and lowered FY19 PBT guidance to the £9.5–10m range. The share price is now at its lowest level for over five years and – trading below NAV – implicitly attributes no value to the brand portfolio. A dividend yield in excess of 5% could also be an attraction.