Sales for the year grew 164 percent to nearly £46m and pre-tax profits, even after £1. 5m of reorganization costs came in at £1. 5m compared with £300,000 last year. Towards the end of last year, several of the UK’s largest lenders started to get angry – accusing IVA providers of marketing the agreements too freely. Yesterday, its profits were ahead of expectations, up 230 percent to £8. 6m, and prospects for the future look strong. Shareholders who bought before the stock collapsed should hold on.
how much does a property valuation cost : It may take a while to recover losses, but it will happen. For new investors, the share price falls have presented an excellent buying opportunity. Traders are betting that the bid situation at ICI has plenty of legs left in it. Despite the stock soaring more than 85p in Monday’s trade, it still managed to find more support yesterday and closed another 4. 5p better at 639p. It may not be the most popular company in the world – in fact, for most Londoners who pay the congestion charge, it may be the least popular – but business outsourcer Capita Group boasts an enviable growth record.
Analysts certainly like the company, and yesterday Morgan Stanley and Citigroup both published bullish notes, helping the stock to hit the top of the blue-chip leaderboard with a 12. 5p rise to 746. 5p. Citigroup believes that Capita’s recent contract wins in the insurance market, winning major contracts from CIS, Zurich, and Resolution, prove the success the company has had in the insurance “land grab”, while its cash flow underpins the valuation.Read More →