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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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UDG Healthcare

February 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • UDG
  • Price:
  • 793p
The pull-back seems unwarranted for healthcare services group UDG, which released results slightly ahead of consensus forecasts with adjusted eps rising 23% to 37.1 cents (Consensus was +19%) and pretax profit also up 23% to US$119m.The year saw it complete six acquisitions with a total cost of US$270m, developing leading positions and expanding its service offering. Excluding their first-time contributions, growth was 13%. The outlay swung it from cash of US$143m to net debt of US$53m.Ashfield, UDG’s contract sales outsourcing business, which runs a healthcare / pharmaceuticals firm’s sales & marketing functions, delivered 20% sales growth to US$821m and 14% operating profit growth to US$81.6m (9.9% operating ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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