Electrocomponents (LON:ECM) - Integration potholes
Feb 04th 2013 - Edison Investment Research today published a report on Electrocomponents (ECM.L, LSE:ECM, LON:ECM) entitled "Integration Potholes". In summary, the report says:
Electro’s strategy aims to change it from a company with operations in many countries to a company with a unified global operation. The road from A to B is clearly full of potholes and some of them are deep. However, the experience in Europe justifies management’s persistence in its course of action. The outcome looks attractive and investors should support this route.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
