We are upgrading our forecasts for the recent acquisitions and for the underlying progress reported at the interims. Our adj. EPS forecasts increase by 8%, 18% and 14%. Since initiation, we have cumulatively upgraded our FY18 and 19 EPS forecasts by 84% and 59% respectively to reflect underlying recovery in the business. We upgrade by a further 2% and 8% for the recent acquisitions. Management has done a commendable job to turn the business around, not least strengthening the balance sheet. We e ....
29 Nov 2017
N+1 Singer - Speedy Hire - Earnings momentum continues
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N+1 Singer - Speedy Hire - Earnings momentum continues
Speedy Hire Plc (SDY:LON) | 25.2 0 0.0% | Mkt Cap: 116.2m
- Published:
29 Nov 2017 -
Author:
Greg Poulton -
Pages:
5
We are upgrading our forecasts for the recent acquisitions and for the underlying progress reported at the interims. Our adj. EPS forecasts increase by 8%, 18% and 14%. Since initiation, we have cumulatively upgraded our FY18 and 19 EPS forecasts by 84% and 59% respectively to reflect underlying recovery in the business. We upgrade by a further 2% and 8% for the recent acquisitions. Management has done a commendable job to turn the business around, not least strengthening the balance sheet. We e ....