Analyst Research Report Snapshot

Title:

REDHALL GROUP - ENERGY FOR GROWTH

Price:

$10.00

Provider:

Edison Investment Research

Date:

09 Apr 2010

Pages:

2

Type:

AcrobatPDF

Companies referenced:

RHL.L

Available for Immediate Download
Summary:

Redhall’s trading update provided confidence that full year expectations will be met and highlighted the growing contribution from energy within the group. Supported by several contract wins, more than enough to offset weakness in process, the increase in the order book to £130m (September 2009: £115m) provides resilience and underpins our forecasts. In addition, the group is demonstrating the benefits of the integrated model that has been developed over the past five years. With fundamentals supported by increasing scale and visibility, the outlook remains positive. 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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