United States

Analyst Research Report Snapshot


Elektron Technology - Full Year Results




Equity Development


12 Apr 2012





Companies referenced:


Available for Immediate Download

Elektron Technology (Elektron) is a UK-based company with a global reach, which manages, exploits and develops its technologies within the Fast Moving Engineered Products (FMEP) sector Full year results were in line with revised expectations, and reflect the resilience of Elektron's sales in a challenging European market and the good progress being made in the Americas Adjusting for the non-recurring and special items, EPS stood at 3.33p (2011: 4.20p). A final dividend of 0.56p per share is proposed, making a total dividend for the year of 0.83p, a 3.8% increase on the previous year The restructuring process underway has seen the management reorganisation completed while the rationalisation of the UK sites continues. The economic outlook remains unclear, but their broadened product and geographical ranges have already made the company more resilient than in previous economic downturns, and this is expected to become more pronounced as the management successfully executes its strategy. We maintain our share price target of 45p, twice current levels.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.