Analyst Research Report Snapshot

Title:

LATCHWAYS - ON THE WATCH LIST

Price:

$10.00

Provider:

Edison Investment Research

Date:

14 Jun 2010

Pages:

2

Type:

AcrobatPDF

Companies referenced:

LATC.L

Available for Immediate Download
Summary:

A relatively good FY outturn, given UK construction sector exposure, but it is too early to extrapolate more positive recent trends into a full blown recovery. For that reason, LTC is probably up with events for now. More rapid overseas progress and/or directing cash towards bolt-on acquisitions could help to underpin earnings estimates further out even ahead of UK construction confidence returning.

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