QuickView: Shining fresh light on core businesses
The interim figures and the confident outlook statement serve to remind investors that the core businesses of Carclo, Technical Plastics and LED Technologies are attractive, growing businesses. With increasing investor focus upon the value inherent in these businesses, rather than the frustrations of CIT, and with the potential for upwards earnings revisions, the shares could well outperform.Carclo is a global manufacturer of fine tolerance parts for the medical, industrial, aerospace and premium automotive lighting markets. Co. has four business segments: Technical Plastics, which supplies fine tolerance, injection molded plastic components used in medical, optical and electronics products; LED Technologies, which develops solutions in LED lighting and engages in the development of high power LED lighting for the premium automotive industry; Aerospace, which supplies systems to the manufacturing and aerospace industries; and CIT Technology, which manages its portfolio of IP over the digital printing of conductive metals onto plastic substrates.
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