Hogg Robinson (HRG) continues to please with 12% growth in trading profit in the half to September. Currency boost apart, there was a further solid underlying advance (7%) by its main activity, travel management, despite 4% lower revenue in testing conditions. Increasing payoff from restructuring and technology-driven efficiencies reinforces confidence in HRG’s ability “to do things smarter” and in our forecasts, which are maintained on a constant currency basis but increase
05 Dec 2016
Doing things smarter
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Doing things smarter
Hogg Robinson Group (HRG:LON) | 0 0 0.0% | Mkt Cap: 383.3m
- Published:
05 Dec 2016 -
Author:
Richard Finch -
Pages:
3
Hogg Robinson (HRG) continues to please with 12% growth in trading profit in the half to September. Currency boost apart, there was a further solid underlying advance (7%) by its main activity, travel management, despite 4% lower revenue in testing conditions. Increasing payoff from restructuring and technology-driven efficiencies reinforces confidence in HRG’s ability “to do things smarter” and in our forecasts, which are maintained on a constant currency basis but increase