The investment case for Findel is that its largest business, Express Gifts, has substantial growth potential that should yield operational leverage benefits as it progressively reaps the rewards from investments in distribution, systems and financial services made in recent years. Given that, the strong trading performance reported at last week’s AGM is very encouraging. Despite short-term profit offsets from currency moves and continued weakness in Education, the longer-term potential
03 Aug 2016
Express picking up speed
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Express picking up speed
- Published:
03 Aug 2016 -
Author:
David Stoddart -
Pages:
6
The investment case for Findel is that its largest business, Express Gifts, has substantial growth potential that should yield operational leverage benefits as it progressively reaps the rewards from investments in distribution, systems and financial services made in recent years. Given that, the strong trading performance reported at last week’s AGM is very encouraging. Despite short-term profit offsets from currency moves and continued weakness in Education, the longer-term potential