Hardman & Co Research: Chamberlin pLC (CMH): Trading strong, technical issues largely resolved

Hardman & Co Research: Trading strong, technical issues largely resolved

Chamberlin remains on track strategically, and the technical problems at the new machine shop are now largely resolved. The group has consequently delivered a significantly improved performance in the second half of 2017/18. Prospects are most encouraging, and the group continues to develop its product offering to the automobile turbocharger industry through expansion of its main operational facilities. We are maintaining our 2018/19 forecasts. The shares remain attractively valued against the peer group on most methodologies.Please click here for the full report:

http://hardmanandco.com/docs/default-source/company-docs/chamberlin-plc-documents/05.06.18-trading-strong-technical-issues-largely-resolved.pdf

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