Feb 13th 2013 - Edison Investment Research today published a report on Hogg Robinson (HRG.L, LSE:HRG, LON:HRG) entitled "Doing The Hard Miles". In summary, the report says:
Hogg Robinson Group (HRG) continues to make the best of unpromising conditions by confirming the prospect of a material improvement in full-year margin despite significant top-line pressures. While unsurprising, as HRG’s model is tried and tested, such resilience (our forecasts are unchanged) is nonetheless impressive at a time of restructuring in the industry. The IMS affirms robust finances, reinforcing our confidence in the company’s generous dividend policy (the yield has strong cover).
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