Feb 08th 2011 - Hardman and Co today published a report on Renew Holdings (RNWH.L, LSE:RNWH, LON:RNWH) entitled "Acquisition Of Amco Group". In summary, the report says:
With its proposed acquisition of Amco Group, a specialist engineering company, Renew Holdings has delivered on its strategy of growing its engineering revenue to greater than 50% of its overall turnover by 2012. The acquisition, subject to shareholder approval, is expected to be significantly earnings enhancing, increasing earnings in the year to 30 September 2011 by 40% and in the year to 30 September 2012 by 58%.
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