Hogg Robinson (LON:HRG) - More good news

Wednesday, Feb 16 2011 by

Feb 16th 2011 - Edison Investment Research today published a report on Hogg Robinson (HRG.L, LSE:HRG, LON:HRG) entitled "More Good News". In summary, the report says:

Today's confirmation of further robust trading shows HRG's bumper interim performance to have been no fluke. Accelerating revenue growth (double-digit since September) is helping to generate better than expected returns (we are raising our PBT forecast by £1m this year and next), which would have been even higher in FY11 but for the planned current investment in growth. The company's financial position continues to improve.




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