PTSG has announced a positive, in line trading update ahead of its interim results, which will be announced on Tuesday 29th September. This is another encouraging update and we continue to see significant growth potential in PTSG, through organic growth (a number of significant new contract wins were secured in the period) augmented by the well established acquisition strategy. In our view, the valuation is undemanding at 15x current year P/E, falling to 13.9x FY16 with scope, we believe, for ou ....
03 Aug 2015
In line trading update, contract wins confirm positive outlook
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In line trading update, contract wins confirm positive outlook
Premier Technical Services Group (PTSG:LON) | 0 0 (-0.5%) | Mkt Cap: 170.1m
- Published:
03 Aug 2015 -
Author:
James Tetley -
Pages:
3
PTSG has announced a positive, in line trading update ahead of its interim results, which will be announced on Tuesday 29th September. This is another encouraging update and we continue to see significant growth potential in PTSG, through organic growth (a number of significant new contract wins were secured in the period) augmented by the well established acquisition strategy. In our view, the valuation is undemanding at 15x current year P/E, falling to 13.9x FY16 with scope, we believe, for ou ....