DJ Hardman & Co Research: Neodecortech (NDT): Upgrade following strong trading
Hardman & Co Research
Hardman & Co Research: Neodecortech (NDT): Upgrade following strong trading
05-Jan-2021 / 12:50 GMT/BST
Hardman & Co Research: Upgrade following strong trading
Neodecortech (NDT) announced that the strong trading in 3Q had continued into
4Q and it expected to significantly outperform its baseline projection from
the summer. We have upgraded our forecasts and central valuation estimate to
reflect this news. The trading has been driven by a focus on home furnishings
and new products. Net debt will have risen slightly for FY'20 but the company
remains in a strong financial position, in our view.
Please click on the link below for the full report:
https://www.hardmanandco.com/research/corporate-research/upgrade-following-str
ong-trading/ [1]
If you are interested in meeting the company, you can register your interest
by clicking on the above link
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Hardman & Co Jason Streets js@hardmanandco.com
1 Frederick's Place
London
+44 20 3692 7075
EC2R 8AE
www.hardmanandco.com
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End of Announcement - EQS News Service
1158563 05-Jan-2021
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(END) Dow Jones Newswires
January 05, 2021 07:50 ET (12:50 GMT)
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