20 July 2015 – trading statement
The group has issued a trading statement covering the six months to 30 June which has shown that trading in the first half was in line with expectations. The interim results to be published on 15 September will show an improvement on last year growth of 5% in earnings per share likely to be reported whilst net debt should have fallen by around 12% to £31.1m. These are solid results and with the second half having started well we retain our recommendation of BUY.