Analyst Research Report Snapshot

Title:

MOLINS - COMPENSATING ERRORS

Price:

$10.00

Provider:

Edison Investment Research

Date:

16 Dec 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

MLIN.L

Available for Immediate Download
Summary:

With better than expected performances in Tobacco Machinery and Scientific Services, compensating for lower activity and margins in Packaging Machinery, Molins appears still to be on course to deliver to City expectations. However, the share price has eased back in recent months to reflect fears about the actuarial valuation of the pension funds. We feel that the market is overdoing the caution, although the share price may remain subdued until the situation is clarified. 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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