AMS’ FY15 pre-close update is relatively reassuring, indicating revenues and profits are both expected to be in line with market expectations, despite a currency headwind in H2. There is no news on any acquisition-related activity, which we think is a strong possibility in the short term. We stay at Hold on valuation vs organic growth considerations.
15 Dec 2015
In line trading update
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In line trading update
Advanced Medical Solutions Group plc (AMS:LON) | 191 6.5 1.8% | Mkt Cap: 415.1m
- Published:
15 Dec 2015 -
Author:
Chris Glasper -
Pages:
3
AMS’ FY15 pre-close update is relatively reassuring, indicating revenues and profits are both expected to be in line with market expectations, despite a currency headwind in H2. There is no news on any acquisition-related activity, which we think is a strong possibility in the short term. We stay at Hold on valuation vs organic growth considerations.