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

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Walker Greenbank - Strategy refreshed, key estimates unchanged
Sanderson Design Group PLC (SDG:LON) | 52.5 1.1 4.0% | Mkt Cap: 37.9m
- 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.