Analyst Research Report Snapshot

Title:

DAILY MAIL AND GENERAL TRUST - WAITING ON THE AD CYCLE

Price:

$10.00

Provider:

Edison Investment Research

Date:

30 Nov 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

DMGOa.L

Available for Immediate Download
Summary:

Preliminary figures came in higher than expectations, aided by a good September performance. Cost savings initiated early in the financial year have started to deliver and are helping protect margins in the face of continuing headwinds in the consumer sector. The B2B operations are looking reasonably well placed. The balance sheet is improving and covenants are comfortable. The rating is modest, but there are no obvious short-term catalysts to push it ahead. FOR MORE INFORMATION ON THE ATTACHED RESEARCH PLEASE CALL 020 3077 5700, EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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