2 Jul 2019 10:30
Hardman & Co Research Hardman & Co Research: The 600 Group (SIXH): Acquisition of CMS attractive and EPS-enhancing 02-Jul-2019 / 10:30 GMT/BST Hardman & Co Research: Acquisition of CMS attractive and EPS-enhancing The Control Micro Systems Inc (CMS) acquisition (US) is strategically attractive. Trading remains good, with a healthy and improved order book, and growth enhanced by new product launches and new market entry. The group remains competitively well positioned, with a world-class reputation in machine tools and laser marking. The shares stand at a discount to the peer group and to a DCF valuation, and offer an appealing yield. Please click here for the full report: https://www.hardmanandco.com/research/corporate-research/acquisition-of-cms-attractive-and-eps-enhancing/
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