RE: Strong cash generation boosts full30 Apr 2017 16:06
Good afternoon.
Not so much into the geopolitical stuff, with any good company, but we seem now to be entering into a 2 year period of conflicting economic news Brexit wise, inflation possibly rising, and pressure on discretionary consumer spending. Value likely to be increasingly key for equity investors.
Castleton one of those whose market health is assured, based as it is on a cumulative repeat revenue model predominantly from non discretionary rents to housing associations, and business from the public sector, both of which have a requirement to use modern technology.
And with capital expenditure done, the reports we're receiving point to that safety, profitably and growth.