Earnings growth of 13% in H114 reassured on current trading with 7% underlying organic growth from the Marketing Services activities notable. The recent acquisitions are consistent with St Ives self-help strategy realigning earnings against a backdrop of a mature legacy business, book printing. This buy and build strategy within marketing services combined with a brutal cost cutting regime and significant asset sales have put the business firmly on the front foot. The timing appears perfect a
03 Jun 2014
Marketing Services strategy
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Marketing Services strategy
Kin and Carta Plc (KCT:LON) | 130 0 0.0% | Mkt Cap: 230.4m
- Published:
03 Jun 2014 -
Author:
Ben Thefaut -
Pages:
7
Earnings growth of 13% in H114 reassured on current trading with 7% underlying organic growth from the Marketing Services activities notable. The recent acquisitions are consistent with St Ives self-help strategy realigning earnings against a backdrop of a mature legacy business, book printing. This buy and build strategy within marketing services combined with a brutal cost cutting regime and significant asset sales have put the business firmly on the front foot. The timing appears perfect a