PGH's in-line FY18A results show positive revenue progress across the business, despite the group encountering several headwinds over H2/18A. In FY19E, PGH will take on a more consultancy-led offer following February's acquisition of Innecto. This pairs Innecto's more senior HR networks with PGH's market leading Hapi product, with significant cross-selling potential. This immediately earnings enhancing acquisition is expected to drive EPS and DPS growth this year, per our FY19E forecast.
26 Mar 2019
Cenkos: Personal Group Holdings Plc - A more connected offering in FY19E
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Personal Group Holdings Plc - A more connected offering in FY19E
Personal Group Holdings Plc (PGH:LON) | 160 1.6 0.6% | Mkt Cap: 50.2m
- Published:
26 Mar 2019 -
Author:
Cavendish Research -
Pages:
7
PGH's in-line FY18A results show positive revenue progress across the business, despite the group encountering several headwinds over H2/18A. In FY19E, PGH will take on a more consultancy-led offer following February's acquisition of Innecto. This pairs Innecto's more senior HR networks with PGH's market leading Hapi product, with significant cross-selling potential. This immediately earnings enhancing acquisition is expected to drive EPS and DPS growth this year, per our FY19E forecast.