Oct 02nd 2012 - Edison Investment Research today published a report on RPC (RPC.L, LSE:RPC, LON:RPC) entitled "Driving Returns". In summary, the report says:
As H1 FY13 closes, RPC has flagged improving profitability and returns in its latest trading update. Despite top-line headwinds, a relentless focus on business improvement is continuing to pay dividends. RPC offers a solidity that is rare in these markets and the share price performance – ahead 19% year-to date – recognises ongoing business progress. That said, the rating is still far from stretched for this core portfolio holding.
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