Jun 11th 2012 - Edison Investment Research today published a report on Low and Bonar (LWB.L, LSE:LWB, LON:LWB) entitled "Progress Reaffirmed". In summary, the report says:
The H1 trading update reinforced revenue and profit progress established in Q1 and reassured that Europe has not been a drag on existing guidance, which remains intact. Concerns here have led to recent share price softness, which looks overdone. The strategic roadmap has been well explained and updates on new product development and regional expansion should be forthcoming with the interim results scheduled for 17 July.
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