12 April 2018 – strategy update
The company has announced new strategic growth targets with the intention of growing revenues to £600m by 2023 (from the current level of around £300m) with 50% of this to be derived from outside the UK. The group will also aim to achieve a sustainable underlying return on capital of over 15%. These are reasonably ambitious targets but if they can be achieved will more than justify investing at the current share price. BUY.