Anexo's interim results reflect a natural slowdown in activity through H1 as covid-19 related lockdown restricted credit hire and legal services activity. However, in this context we believe the results demonstrate the benefits of the integrated direct capture model and the Group's reinstatement of financial guidance for 2020 is testament to a strong bounce back in credit hire activity and wealth of opportunities that bode well for the medium term. We reinstate our buy rating and 315p target pri ....
13 Aug 2020
Anexo Group* - Gathering Momentum
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Anexo Group* - Gathering Momentum
Anexo Group Plc (ANX:LON) | 65.0 0 0.0% | Mkt Cap: 76.7m
- Published:
13 Aug 2020 -
Author:
Andrew Simms -
Pages:
9
Anexo's interim results reflect a natural slowdown in activity through H1 as covid-19 related lockdown restricted credit hire and legal services activity. However, in this context we believe the results demonstrate the benefits of the integrated direct capture model and the Group's reinstatement of financial guidance for 2020 is testament to a strong bounce back in credit hire activity and wealth of opportunities that bode well for the medium term. We reinstate our buy rating and 315p target pri ....