Product revenue growth of 12% in the last 10 comparable weeks is extraordinary in today’s retail climate and it underpins our reiterated 7% earnings growth forecast. With Education responding to turnaround measures, unencumbered by leases, and with the balance sheet strengthening further, Findel should logically be rated as one of the stronger retailers in the sector.
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Findel - Extraordinary growth continues in peak period
- Published:
29 Nov 2018 -
Author:
Paul Hickman -
Pages:
7
Product revenue growth of 12% in the last 10 comparable weeks is extraordinary in today’s retail climate and it underpins our reiterated 7% earnings growth forecast. With Education responding to turnaround measures, unencumbered by leases, and with the balance sheet strengthening further, Findel should logically be rated as one of the stronger retailers in the sector.