Brulines, the provider of operational monitoring systems and data management services for the leisure sector and fuel forecourts, announced that the group's underlying trade was marginally below management expectations for the six months to October 2010. Although trading levels were lower than expected, they were in line with the same period last year. The company's broker forecast an EPS of 12.0p in its note dated 26th October 2010.
Brulines' core beer monitoring business remains challenging as pub groups struggle with the economic climate, but the company reported good customer take up of its new i-Draught dispensing monitoring product. The company's recent acquisitions in the fuel forecourt market (Energy Level Systems Ltd, Retail & Forecourt Solutions Ltd, and LBI installations Ltd) have been earnings enhancing.
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This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.
Vianet Group plc, formerly Brulines Group plc, is a holding company. The company is principally engaged in the design, product development, sale and rental of fluid monitoring and machine monitoring equipment, together with the provision of data management and related services, both to the leisure and petrol forecourt trade. The Company operates in two segments: Leisure and Fuel Solutions. The Company’s Leisure segment provides design, product development, sale and rental of fluid monitoring and machine monitoring equipment together with the provision of data management and related services. The Company’s Fuel Solutions segment is engaged in wetstock analysis and related services. On October 26, 2011, the Company acquired 100% interest in Lookout Solutions Limited. more »
