Slater & Gordon - Well on track, ready for UK growth
Mar 04th 2013 - Edison Investment Research today published a report on Slater & Gordon entitled "Well On Track, Ready For UK Growth". In summary, the report says:
Slater & Gordon (SGH), the leading Australian consumer law firm, quoted on the ASX and expanding in the UK market, has produced first half results to 31 December 2012 which show it on track to meet full year guidance. Revenues are up 46.5% with the UK acquisition of Russell Jones & Walker (RJW), now re-branded as S&G, contributing for a full six months. SGH has delivered consistent growth since listing, with personal injury (PI) in particular delivering a predictable performance. The group’s ability to execute on acquisitions while exploiting the power of its brand to drive organic growth bodes well for growth in the UK business. We estimate UK revenues will be c 24% of the group total in the...
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