Analyst Research Report Snapshot

Title:

GKN - PROGRESS CONTINUING

Price:

$10.00

Provider:

Edison Investment Research

Date:

04 Aug 2011

Pages:

2

Type:

AcrobatPDF

Companies referenced:

GKN.L

Available for Immediate Download
Summary:

GKN’s interims demonstrated that progress is continuing across the group through a combination of market recovery, share gains and strategic positioning that is set to deliver yet more from 2012. With strong growth across all divisions above market rates and with three of the four divisions now into target margin territory, we remain convinced that GKN is set to enter a period of sustained growth in the short, medium and long term. This is supported by both organic opportunities, as for example civil aerospace build rates increase, and through acquisition, such as the recently announced buys of Getrag and Stromag, which are set to further GKN’s leading position in driveline and enhance its standing in Land Systems.

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