This morning’s FY results from FIH are well ahead of expectations – which in turn were set only two months ago with a 17% upgrade. A 10% beat as announced today is still 5% if we exclude a one-off £0.2m benefit within the art business. Very positively, these record-breaking results for FIH were achieved in a year that was not without challenges as well as successes, both in the Falklands business and Momart (art distribution), reflecting the strength of FIH’s diversified model. The purchase of t ....
11 Jun 2019
Morning Comment
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Morning Comment
FIH Group plc (FIH:LON) | 230 0 0.0% | Mkt Cap: 28.8m
- Published:
11 Jun 2019 -
Author:
Nick Spoliar -
Pages:
5
This morning’s FY results from FIH are well ahead of expectations – which in turn were set only two months ago with a 17% upgrade. A 10% beat as announced today is still 5% if we exclude a one-off £0.2m benefit within the art business. Very positively, these record-breaking results for FIH were achieved in a year that was not without challenges as well as successes, both in the Falklands business and Momart (art distribution), reflecting the strength of FIH’s diversified model. The purchase of t ....