19 May 2026 - trading update
We last commented on the electrical products group in March after the final results when we rated the shares as a buy at 175p. At the time we had a share price target of 231p for the shares which represented a gain of 32% and so it is pleasing to report that the shares have exceeded this target in just 8 weeks! Today’s trading statement covering the three months to 31 March has revealed a strong performance with revenues up to £68m (2025: £61m) with the strong momentum from the last quarter of last . . .
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