Park has issued a positive statement on trading ahead of its AGM. Order books are strong across both the Consumer and Corporate divisions and cash balances are running well ahead of last year, which means that interest earnings are growing again despite continued low interest rates. We are not changing our estimates at this stage, but note how underlying operational gearing positively affected the last fiscal year. The seasonally less significant Interim results will be published on 1 Decembe
25 Sep 2015
Trading momentum maintained
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Trading momentum maintained
- Published:
25 Sep 2015 - Author:
- Pages:
Park has issued a positive statement on trading ahead of its AGM. Order books are strong across both the Consumer and Corporate divisions and cash balances are running well ahead of last year, which means that interest earnings are growing again despite continued low interest rates. We are not changing our estimates at this stage, but note how underlying operational gearing positively affected the last fiscal year. The seasonally less significant Interim results will be published on 1 Decembe