Idox has announced the disposal of its Digital division for £1. This news reflects management’s strategy of focusing on the group’s core operations and streamlining the operating model. No new trading information was disclosed pending the release of a full year trading update later this month. We continue to view Idox as a collection of fundamentally good businesses, with highly regarded offerings and established positions in attractive markets.
05 Nov 2018
Disposal of Digital
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Disposal of Digital
Idox plc (IDOX:LON) | 62.4 0.5 1.3% | Mkt Cap: 286.6m
- Published:
05 Nov 2018 -
Author:
N+1 Singer Team -
Pages:
3
Idox has announced the disposal of its Digital division for £1. This news reflects management’s strategy of focusing on the group’s core operations and streamlining the operating model. No new trading information was disclosed pending the release of a full year trading update later this month. We continue to view Idox as a collection of fundamentally good businesses, with highly regarded offerings and established positions in attractive markets.