Hogg Robinson Group (HRG) has again delivered, with management confident that it should continue to brave headwinds to meet full-year expectations. Moreover, work on key initiatives continues apace, notably growth in managed travel and technology (Fraedom) as well as restructuring and cash generation. The financial position is “robust” (net debt/EBITDA of just 0.5x over the 12 months to September), allowing potentially lucrative investment and a progressive dividend policy (FY17e
21 Feb 2017
On the front foot
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
On the front foot
Hogg Robinson Group (HRG:LON) | 0 0 0.0% | Mkt Cap: 383.3m
- Published:
21 Feb 2017 -
Author:
Richard Finch -
Pages:
2
Hogg Robinson Group (HRG) has again delivered, with management confident that it should continue to brave headwinds to meet full-year expectations. Moreover, work on key initiatives continues apace, notably growth in managed travel and technology (Fraedom) as well as restructuring and cash generation. The financial position is “robust” (net debt/EBITDA of just 0.5x over the 12 months to September), allowing potentially lucrative investment and a progressive dividend policy (FY17e