A positive trading issued this morning to accompany the AGM indicates a strong start to the current year, with 18 new contract wins secured and 51 installations completed. A number of expected Board changes have also been announced, including CEO Tom Burnet moving to Executive Chairman and COO Steve Brown moving to CEO. Given the strength of recent share price momentum, and our expectation that the shares will pause for breath pending news of trading over the key summer period, we move to a Hold ....
24 May 2016
Positive start to the year, but valuation up with events
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Positive start to the year, but valuation up with events
accesso Technology Group Plc (ACSO:LON) | 530 15.9 0.6% | Mkt Cap: 220.6m
- Published:
24 May 2016 -
Author:
N+1 Singer Team -
Pages:
3
A positive trading issued this morning to accompany the AGM indicates a strong start to the current year, with 18 new contract wins secured and 51 installations completed. A number of expected Board changes have also been announced, including CEO Tom Burnet moving to Executive Chairman and COO Steve Brown moving to CEO. Given the strength of recent share price momentum, and our expectation that the shares will pause for breath pending news of trading over the key summer period, we move to a Hold ....