Analyst Research Report Snapshot

Title:

HOLIDAYBREAK - BACK TO SCHOOL

Price:

$10.00

Provider:

Edison Investment Research

Date:

03 Jun 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

HBREUR.SGp

Available for Immediate Download
Summary:

Management looks to have struck gold with its move into education travel, a market providing long-term growth and earnings visibility. Yet in group terms for now it would do well to make up for softness in earlier, less rewarding diversification and the maturation of the original camping business. A discount rating reflects a faltering profit outlook and an arguably limited scope to invest in growth because of high indebtedness. FOR MORE INFORMATION ON THE ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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