Gordon Dadds (GOR)

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The acquisitive London-based legal and professional services business.

28-Nov-2017 – 141.5p – £40.5m – PER 18.3

Interim Results For The 6 Months To End September 2017 – Revenue up by 14.5% to £12.89m (H1 2016 £11.26m), Adjusted PBT up by 103% to £0.58m (H1 2016 £0.28m) and Adjusted EPS of 2.26p (H1 2016 2.24p). There’s Net Cash of £12.53m. Outlook is in-line.

Remaining Neutral here for now but will keep an eye on updates here.

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