Oct 01st 2013 - Edison Investment Research today published a report on Innovation (TIG.L, LSE:TIG, LON:TIG) entitled "Biggest Deal Ever". In summary, the report says:
Innovation’s subsidence contract win with a tier one UK insurer is its largest ever, worth an estimated £75m over the seven-year contract period. With Direct Line RBSI having extended its contact for two years in September, the company should be guaranteed over 50% market share of the UK subsidence market for at least the next four years. We upgrade our FY14 EPS by 8%.
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