The acquisition of CWE and the recent interim results demonstrate the attractiveness of the Gordon Dadds' model to both professional service providers and shareholders. In our view, CWE is immediately accretive to earnings and limited in balance sheet impact. By the company's own admission, CWE is almost unique, but we gain the impression that others are in the pipeline. The detail of the interim results supports our new forecasts without further acquisitions.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Gordon Dadds Update - Proof of Concept
- Published:
01 Dec 2017 -
Author:
Capital Access Team -
Pages:
9
The acquisition of CWE and the recent interim results demonstrate the attractiveness of the Gordon Dadds' model to both professional service providers and shareholders. In our view, CWE is immediately accretive to earnings and limited in balance sheet impact. By the company's own admission, CWE is almost unique, but we gain the impression that others are in the pipeline. The detail of the interim results supports our new forecasts without further acquisitions.