Instem has once again delivered a strong set of interim results, in our view,
with the outcome consistent with the August 2022 trading update. The
growth story remains the key highlight, with all four divisions making a
positive contribution. Earnings quality continues to improve, and the
group’s financial position remains robust. Commentary on the outlook is
positive, with price rises and stronger growth in high-margin software
business expected to benefit second-half financial performance ....
27 Sep 2022
PROGRESSIVE: Instem: Another positive period for Instem
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PROGRESSIVE: Instem: Another positive period for Instem
- Published:
27 Sep 2022 -
Author:
Gareth Evans | Blaine Tatum -
Pages:
7
Instem has once again delivered a strong set of interim results, in our view,
with the outcome consistent with the August 2022 trading update. The
growth story remains the key highlight, with all four divisions making a
positive contribution. Earnings quality continues to improve, and the
group’s financial position remains robust. Commentary on the outlook is
positive, with price rises and stronger growth in high-margin software
business expected to benefit second-half financial performance ....