Andrews Sykes (ASY)

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Engaged in hiring, selling and installing of a range of equipment, including pumping, portable heating, air conditioning, drying and ventilation equipment.

10-May-2019 – 580p – £245m – PER 16.8

Results For The 12 Months To End December 2018 – Revenue up 10.2%, Operating Profit up 17.6% with EPS up 21%.

First coverage for me and (after a quick glance) looks OK but no real idea – Will probably looks into a little more today or over the weekend.

Subsequent note: Very little free float (<20%) and very iliquid make it uninvestible. This going on my Avoid list and I will now cease coverage.

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