Ultra has confirmed that it expects trading to be in line with consensus expectations for the current year. We therefore maintain our estimates and will reassess the outlook for 2017 at the full year results in March. By then the new US administration should be in place and the domestic outlook should also be more tangible. While weaker sterling remains a positive, the return to genuine underlying organic growth next year remains a hope at present, rather than a given. The shares have perform
07 Dec 2016
Favourable defence trends
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Favourable defence trends
- Published:
07 Dec 2016 -
Author:
Andy Chambers -
Pages:
2
Ultra has confirmed that it expects trading to be in line with consensus expectations for the current year. We therefore maintain our estimates and will reassess the outlook for 2017 at the full year results in March. By then the new US administration should be in place and the domestic outlook should also be more tangible. While weaker sterling remains a positive, the return to genuine underlying organic growth next year remains a hope at present, rather than a given. The shares have perform