14 Sep 2020
Keystone Law - FY21 Interim Results – Solid in market context
Keystone Law has reported good top line growth YoY for the first half albeit with PBT below last year. In the context of Covid-19 and lockdown in the UK, we see this as a solid performance. The stock has underperformed significantly in the past couple of months suggesting to us that market expectations were low heading into the results and the recommencement of the dividend should support better performance going forward.
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Keystone Law - FY21 Interim Results – Solid in market context
Keystone Law Group Plc (KEYS:LON) | 645 -129 (-3.0%) | Mkt Cap: 203.1m
- Published:
14 Sep 2020 -
Author:
Andrew Simms -
Pages:
5
Keystone Law has reported good top line growth YoY for the first half albeit with PBT below last year. In the context of Covid-19 and lockdown in the UK, we see this as a solid performance. The stock has underperformed significantly in the past couple of months suggesting to us that market expectations were low heading into the results and the recommencement of the dividend should support better performance going forward.