Rotala has today issued a trading update for the year ended November 2018. Trading during FY18 ‘was in line with market expectations’ and the Group continues to position itself in key growth markets utilising M&A. Trading for FY19 has ‘begun in line with budget’ and management have announced a new fuel hedging strategy to capitalise on the weakness in crude oil prices. We believe the current share price offers both a strong growth and income play.
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Trading update.
- Published:
23 Jan 2019 -
Author:
Thomas Like -
Pages:
3
Rotala has today issued a trading update for the year ended November 2018. Trading during FY18 ‘was in line with market expectations’ and the Group continues to position itself in key growth markets utilising M&A. Trading for FY19 has ‘begun in line with budget’ and management have announced a new fuel hedging strategy to capitalise on the weakness in crude oil prices. We believe the current share price offers both a strong growth and income play.