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HARDMAN & CO RESEARCH Hardman & Co Research: The 600 Group (SIXH): Acquisition of CMS attractive and EPS-enhancing

Directive transparence : information réglementée

02/07/2019 11:30

Hardman & Co Research
Hardman & Co Research: The 600 Group (SIXH): Acquisition of CMS attractive and EPS-enhancing

02-Jul-2019 / 10:30 GMT/BST


Hardman & Co Research: Acquisition of CMS attractive and EPS-enhancing

The Control Micro Systems Inc (CMS) acquisition (US) is strategically attractive. Trading remains good, with a healthy and improved order book, and growth enhanced by new product launches and new market entry. The group remains competitively well positioned, with a world-class reputation in machine tools and laser marking. The shares stand at a discount to the peer group and to a DCF valuation, and offer an appealing yield.

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https://www.hardmanandco.com/research/corporate-research/acquisition-of-cms-attractive-and-eps-enhancing/

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About Hardman & Co: For the past 21 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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End of Announcement - EQS News Service

834667  02-Jul-2019 

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