Analyst Research Report Snapshot

Title:

LAMPRELL - MORE PROMISING OUTLOOK

Price:

$10.00

Provider:

Edison Investment Research

Date:

30 Mar 2010

Pages:

2

Type:

AcrobatPDF

Companies referenced:

LAM.L

Available for Immediate Download
Summary:

Lamprell’s shares have risen sharply over the past year to reflect the improving business environment. The order book is on an upward trend but margins are likely to remain under pressure owing to the continued competitive environment. The valuation, at the top end of sector averages, is fair, given the good earnings visibility from its backlog but the continued uncertainties of margin pressure. The conversion of prospective business will be the catalyst for further share price performance.

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