H.R. Owen (LON:HRO) - Momentum holding up
Oct 31st 2012 - Edison Investment Research today published a report on H.R. Owen (HRO.L, LSE:HRO, LON:HRO) entitled "Momentum Holding Up". In summary, the report says:
As we hinted in our Outlook report in early September, the autumn IMS from H R Owen has demonstrated that momentum is holding up well, enabling us to lift our full-year 2012 targets. It is still too early to adjust our next-year estimates but we remain positive about the year to December 2014, when several exciting new models are due to be delivered to the market. We continue to view the medium term with real optimism, despite the challenging current UK consumer climate.
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