Acal (LON:ACL) - Specialist focus pays off
Jun 28th 2012 - Edison Investment Research today published a report on Acal (ACL.L, LSE:ACL, LON:ACL) entitled "Specialist Focus Pays Off". In summary, the report says:
Acal has successfully refocused its business and strengthened its competitive position, beating its gross margin target in FY12, growing operating margins, and generating strong cash flows. We estimate that Acal’s focus on specialist electronics products will enable it to continue to grow margins even in the current weak economic environment, and recognition of this should drive share price upside.
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 »
