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Pin to quick picksChamberlin & Hill Regulatory News (CMH)

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Hardman & Co Research: Chamberlin (CMH): Trading very difficult; forecasts lowered

6 Feb 2019 14:06

Hardman & Co Research Hardman & Co Research: Chamberlin (CMH): Trading very difficult; forecasts lowered 06-Feb-2019 / 14:05 GMT/BST


Hardman & Co Research: Trading very difficult; forecasts lowered

Prospects are very uncertain, and cost reduction measures are being implemented. However, the group continues to develop its product offering to the automobile turbocharger industry through development of its main operational facilities. The recent technical problems at the new machine shop are now resolved, and Chamberlin remains on track strategically. The recent disposal of Exidor has financially de-risked the group, and the shares remain attractively valued against the peer group on most methodologies.

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Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

773161 06-Feb-2019 

corporate announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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