09 Feb 2017
N+1 Singer - Northgate - Reiterating our Buy stance after a positive meeting
A lunch with Northgate’s FD on Tuesday reiterated the positive progress outlined at the December interims, supporting our Buy stance. The Group has refreshed its marketing proposition and there are early signs of progress with the Term Hire offering. New CEO Kevin Bradshaw started on 11th January. It is early days yet, but he has highly relevant experience from his time as MD of Avis Europe. We are scheduled to meet him in March. The new management team will be carrying out a detailed review of ....
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N+1 Singer - Northgate - Reiterating our Buy stance after a positive meeting
Redde Northgate PLC (REDD:LON) | 369 -16.6 (-1.2%) | Mkt Cap: 831.9m
- Published:
09 Feb 2017 -
Author:
Greg Poulton -
Pages:
3
A lunch with Northgate’s FD on Tuesday reiterated the positive progress outlined at the December interims, supporting our Buy stance. The Group has refreshed its marketing proposition and there are early signs of progress with the Term Hire offering. New CEO Kevin Bradshaw started on 11th January. It is early days yet, but he has highly relevant experience from his time as MD of Avis Europe. We are scheduled to meet him in March. The new management team will be carrying out a detailed review of ....