Telford Homes’ latest update is consistent with management comments accompanying FY18 results and the company is on track to deliver further progress in FY19. The share price has not kept step with business performance, perhaps influenced by wider cyclical sentiment. Project portfolio newsflow is likely to remain positive, and this should serve to re-connect internal progress and investor returns in our view.
12 Jul 2018
Telford Homes - Consistent messaging
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Telford Homes - Consistent messaging
Telford Homes (TEF:LON) | 0 0 0.3% | Mkt Cap: 295.3m
- Published:
12 Jul 2018 -
Author:
Toby Thorrington -
Pages:
2
Telford Homes’ latest update is consistent with management comments accompanying FY18 results and the company is on track to deliver further progress in FY19. The share price has not kept step with business performance, perhaps influenced by wider cyclical sentiment. Project portfolio newsflow is likely to remain positive, and this should serve to re-connect internal progress and investor returns in our view.