We update our forecasts today, upgrading FY18 EPS by 4% to reflect the impact of recent acquisitions and a consistently impressive underlying performance. FY16 was yet another transformative year for Restore. The acquisition of PHS Data elevated the Group’s shredding activities to best in class and substantially increased profitability. The growth of the past three years has been dramatic (PBT +>30% p.a. EPS +>20% p.a.) and while this cannot continue indefinitely, we see double digit earnings gr ....
10 Apr 2017
N+1 Singer - Restore - A compelling defensive growth story
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Restore - A compelling defensive growth story
Restore plc (RST:LON) | 218 0 0.0% | Mkt Cap: 298.5m
- Published:
10 Apr 2017 -
Author:
James Tetley -
Pages:
5
We update our forecasts today, upgrading FY18 EPS by 4% to reflect the impact of recent acquisitions and a consistently impressive underlying performance. FY16 was yet another transformative year for Restore. The acquisition of PHS Data elevated the Group’s shredding activities to best in class and substantially increased profitability. The growth of the past three years has been dramatic (PBT +>30% p.a. EPS +>20% p.a.) and while this cannot continue indefinitely, we see double digit earnings gr ....