Stadium Group – 120p

13 March 2018 – final results

The group has announced its final results for the year to 31 December and these have revealed revenues up by 15% to £61.1m whilst normalised pre-tax profits increased by 8.5% to £4.6m.  Earnings per share on the same basis rose 10% to 10.0p and a special dividend of 2.1p was declared in lieu of any final dividend following the offer for the company by TT Electronics.  As we noted on 15 February the company has received a cash offer of 120p per share which has been recommended by the company and with no other offer forthcoming shareholders should accept this.  ACCEPT THE OFFER.

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