NAHL is trading in line with Arden’s forecast earnings growth of 10% in FY16 as the cost plus model minimises the downside from reduced Solicitor Income and growth at Critical Care mitigates its impact on group earnings. The shares have recently been hit by post Brexit sentiment on UK small caps and now trade on an FY16 rating of under 8x and yield of approaching 9%. Given resilient earnings and the strong track record of the management team within evolving markets, we firmly believe th
20 Jul 2016
Trading update – no change to forecasts
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Trading update – no change to forecasts
NAHL Group Plc (NAH:LON) | 67.5 -1.4 (-3.0%) | Mkt Cap: 31.7m
- Published:
20 Jul 2016 -
Author:
Ben Thefaut -
Pages:
4
NAHL is trading in line with Arden’s forecast earnings growth of 10% in FY16 as the cost plus model minimises the downside from reduced Solicitor Income and growth at Critical Care mitigates its impact on group earnings. The shares have recently been hit by post Brexit sentiment on UK small caps and now trade on an FY16 rating of under 8x and yield of approaching 9%. Given resilient earnings and the strong track record of the management team within evolving markets, we firmly believe th