Fairpoint’s AGM statement confirmed performance in line with management expectations in the first three months of the financial year. That completes what is typically the group’s quietest and arguably least illuminating quarter, but we take reassurance in confirmation that finances are on track, which is at odds with the dip in the share price which followed the announcement.
09 May 2016
Q1 - trading on track F
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Q1 - trading on track F
FRP Advisory Group Plc (FRP:LON) | 121 1.8 1.3% | Mkt Cap: 304.2m
- Published:
09 May 2016 -
Author:
Roger Leboff -
Pages:
2
Fairpoint’s AGM statement confirmed performance in line with management expectations in the first three months of the financial year. That completes what is typically the group’s quietest and arguably least illuminating quarter, but we take reassurance in confirmation that finances are on track, which is at odds with the dip in the share price which followed the announcement.