Hunters Property (HUNT.L) has today released a trading update for the year ending 31 December 2017. Management stated that despite a challenging backdrop, the Group have traded in line with expectations. While a -15% fall in completed transactions is evidence of this slowdown, network income increased +9.8%. HUNT added 37 new branches in 2017 and should see greater contributions from previous acquisitions that become fully embedded into the Group. Dowgate are today publishing our FY19 forecasts.
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Trading update - Ahead of the market for Hunters Property.
- Published:
20 Feb 2018 -
Author:
Thomas Like -
Pages:
4
Hunters Property (HUNT.L) has today released a trading update for the year ending 31 December 2017. Management stated that despite a challenging backdrop, the Group have traded in line with expectations. While a -15% fall in completed transactions is evidence of this slowdown, network income increased +9.8%. HUNT added 37 new branches in 2017 and should see greater contributions from previous acquisitions that become fully embedded into the Group. Dowgate are today publishing our FY19 forecasts.