As was the case in February, this is another reassuring update which confirms a stronger H2 and also confirms that Carclo is not exposed to the weaker areas of general industrial activity/oil & gas. As we have said previously, CIT is now history and the two main divisions have strong growth opportunities; we retain our target price of 156p and Buy recommendation
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Carclo plc (CAR:LON) | 7.5 0 7.9% | Mkt Cap: 5.49m
- Published:
12 Apr 2016 -
Author:
Jon Lienard -
Pages:
3
As was the case in February, this is another reassuring update which confirms a stronger H2 and also confirms that Carclo is not exposed to the weaker areas of general industrial activity/oil & gas. As we have said previously, CIT is now history and the two main divisions have strong growth opportunities; we retain our target price of 156p and Buy recommendation