Full year results were well flagged in the 31st August trading update. EPS increased by 21% to 33.9p, in line with expectations, reflecting another strong second half trading period. FY19 and FY20 earnings expectations are unchanged, implying sustained PBT growth of 9% and 4% respectively. Notwithstanding a mixed macro backdrop, the Group continues to trade well and key market indicators are positive. We believe Murgitroyd is well positioned for the medium term with continuing opportunities for ....

11 Sep 2018
Finals in line, dividend increase ahead of forecast

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Finals in line, dividend increase ahead of forecast
Murgitroyd Group (MUR:LON) | 0 0 1.0% | Mkt Cap: 59.2m
- Published:
11 Sep 2018 -
Author:
Singer CM Team -
Pages:
3 -
Full year results were well flagged in the 31st August trading update. EPS increased by 21% to 33.9p, in line with expectations, reflecting another strong second half trading period. FY19 and FY20 earnings expectations are unchanged, implying sustained PBT growth of 9% and 4% respectively. Notwithstanding a mixed macro backdrop, the Group continues to trade well and key market indicators are positive. We believe Murgitroyd is well positioned for the medium term with continuing opportunities for ....