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

4 Jun 2019 07:31

Hardman & Co Research Hardman & Co Research: Chamberlin (CMH): Trading remains difficult; forecasts lowered 04-Jun-2019 / 07:30 GMT/BST


Hardman & Co Research: Trading remains difficult; forecasts lowered

Prospects remain very uncertain, and cost reduction measures continue to be implemented. Chamberlin remains on track strategically. The group continues to develop its product offering to the automobile turbocharger industry through development of its main operational facilities. 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-remains-difficult-forecasts-lowered/

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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

818741 04-Jun-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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