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Maxima Holdings (LON:MXM) - Ongoing strategic review

Tuesday, Aug 09 2011 by
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Aug 09th 2011 - Edison Investment Research today published a report on Maxima Holdings (MXM.L, LSE:MXM, LON:MXM) entitled "Ongoing Strategic Review". In summary, the report says:

Maxima’s annual results reveal that the group has remained profitable and cash generative, following the announcement of a strategic review in April. The review was announced in light of divergent trends across the business with attrition in significant parts of the group while newly identified “growth engines” could benefit from further investment. The review continues, and Maxima says it is considering a number of options, including early stage discussions with a potential offeror for the company.




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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 »