Recent prelims were reassuringly in line, despite a marked shortfall in the Technologies division where AMP6 related work was delayed. This work is now gathering pace and, together with a move into new markets, is supportive of the outlook for FY16 and beyond. The acquisition of Synergy looks a good fit alongside the recent CoreLogic purchase and cements Servelec’s emerging leadership position in the children’s care and converged care markets. We upgrade our PBT forecasts by 6% and increase our ....
08 Mar 2016
Prelims in line, acquisition-led upgrades
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Prelims in line, acquisition-led upgrades
Servelec Group (SERV:LON) | 0 0 0.0% | Mkt Cap: 218.0m
- Published:
08 Mar 2016 -
Author:
Chris Glasper -
Pages:
5 -
Recent prelims were reassuringly in line, despite a marked shortfall in the Technologies division where AMP6 related work was delayed. This work is now gathering pace and, together with a move into new markets, is supportive of the outlook for FY16 and beyond. The acquisition of Synergy looks a good fit alongside the recent CoreLogic purchase and cements Servelec’s emerging leadership position in the children’s care and converged care markets. We upgrade our PBT forecasts by 6% and increase our ....