Analyst Research Report Snapshot

Title:

INNOVATION GROUP - BIGGEST DEAL EVER

Price:

$10.00

Provider:

Edison Investment Research

Date:

01 Oct 2013

Pages:

3

Type:

AcrobatPDF

Companies referenced:

TIG.L

Available for Immediate Download
Summary:

Innovation’s subsidence contract win with a tier one UK insurer is its largest ever, worth an estimated £75m over the seven-year contract period. With Direct Line RBSI having extended its contact for two years in September, the company should be guaranteed over 50% market share of the UK subsidence market for at least the next four years. We upgrade our FY14 EPS by 8%.

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