Last checked at 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. Please click here for the full report: https://www.hardmanandco.com/research/corporate-research/trading-very-difficult-forecasts-lowered/
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