Molins (LON:MLIN) - Ahead of expectations
Mar 04th 2013 - Edison Investment Research today published a report on Molins (MLIN.L, LSE:MLIN, LON:MLIN) entitled "Ahead Of Expectations". In summary, the report says:
A 40% rise in the Molins share price shows belated recognition of action taken by management to restructure several businesses that had been struggling. There is now a lean group with sound growth prospects and a strong balance sheet. More significantly, there is the added bonus of a rapidly growing laboratory business, while acquisitions are also moving up the agenda. The potential is still not fully recognised.
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