Residential markets remain firm and Tyman’s International division has been the star performer so far in H2. At the same time, supply chain challenges have constrained progress more in the other two divisions. We have modestly lowered our FY21 PBT expectations and nudged up FY22, supported by robust markets and normalising margins.
25 Nov 2021
Tyman - Regional variation in resilient markets
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Tyman - Regional variation in resilient markets
Tyman Plc (TYMN:LON) | 298 8.9 1.0% | Mkt Cap: 583.9m
- Published:
25 Nov 2021 -
Author:
Toby Thorrington -
Pages:
3
Residential markets remain firm and Tyman’s International division has been the star performer so far in H2. At the same time, supply chain challenges have constrained progress more in the other two divisions. We have modestly lowered our FY21 PBT expectations and nudged up FY22, supported by robust markets and normalising margins.