Mar 06th 2013 - Edison Investment Research today published a report on PERFORM (PER.L, LSE:PER, LON:PER) entitled "Living Up To The Name". In summary, the report says:
Perform is a rare beast in UK Media; a structural growth story driven by niche content rights, global reach and a growing technology platform. Financial performance continues to be impressive and the short to medium term growth profile is amongst the best in the sector. In terms of short-term catalysts, FY13 will be an important year for newsflow although H2 weighted. Share price performance is therefore likely to be driven by growth rather than a re-rating.
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 »