Morning all!

Henry Boot ( £BOOT ) – 234p – £312m – PER 8

Interim Results For The 6 Months To End June 2019 – PBT down -8%, EPS down -9.6%, Net Debt up 93.5% with the Interim Dividend up 15.6%. Confident of meeting FY expectations albeit with some caution regarding Brexit outcome (best be a good H2).

Looks about fairly valued as growth (forecasts) look rather pedestrian, assuming they can catch up in H2!

Eddie Stobart Logistics ( £ESL ) – 71p – £269m – PER 5.5

Oh Dear! – CEO gone, Adjusted EBIT in question, Dividend policy to be reviewed, shares suspended.

Nothing to do but wait on the side-lines here.

As always, all comment most welcome!

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