Morning all!
Henry Boot ( Henry Boot (LON:BOOT) ) – 270.5p – £360.1m – PER 9.59
Unaudited Interim Results For The 6 Months To End June 2018 – PBT, EPS and Interim Dividend all up circa 15% with Net Debt reduced from £62.2m to £26.0m. FY 2018 expected to be in-line.
Forecasts look quite poor (Revenue flat, EPS -13.3% then up 2.87% in 2018E and 2019E respectively). I remain Neutral.
Air Partner ( Air Partner (LON:AIR) ) – 113p – £59.0m – PER 12.2
Trading Update For The 6 Months To End July 2018 – H1 (Underlying PBT) in-line with Board’s expectations (and with the same period last year).
A rather lack lustre update means I will remain Neutral here for now.
As always, all comment most welcome!
