An AGM update indicated that year to date trading has been in line with management expectations. Regional trends and outlooks also appear to be consistent with those outlined at the time of the FY15 results in March and estimates are unchanged. The rating is consistent with a mid-cycle position, but we believe that Tyman offers an extended earnings growth profile derived from internal initiatives that are underway.
13 May 2016
FY16 starts in line with expectations
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FY16 starts in line with expectations
Tyman Plc (TYMN:LON) | 377 -35.8 (-2.5%) | Mkt Cap: 739.6m
- Published:
13 May 2016 -
Author:
Toby Thorrington -
Pages:
3
An AGM update indicated that year to date trading has been in line with management expectations. Regional trends and outlooks also appear to be consistent with those outlined at the time of the FY15 results in March and estimates are unchanged. The rating is consistent with a mid-cycle position, but we believe that Tyman offers an extended earnings growth profile derived from internal initiatives that are underway.