Analyst Research Report Snapshot

Title:

ACAL - BACK ON A GROWTH TRACK

Price:

$10.00

Provider:

Edison Investment Research

Date:

11 Jun 2013

Pages:

12

Type:

AcrobatPDF

Companies referenced:

ACL.L ARW.N AVT.N BRAM.L DPLM.L ECM.L PFL.L

Available for Immediate Download
Summary:

Acal reported FY13 results ahead of our expectations, with strong cost control and lower tax the key contributors to the 11.7% EPS beat. The company gained share in a tough economic environment and the recent Myrra acquisition expands its presence in Europe as well as adding North American and Asian customers and manufacturing capacity in China. Acal is driving organic growth by cross-selling, customer acquisition through its newly launched website and increasing awareness of its specialist electronics solutions, and continues to look for acquisitions in Europe and beyond to add specialist product and increase geographic presence.

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