Report

Update: FY14 ahead of forecasts

SGH’s FY14 results were ahead of expectations driven by a beat in UK revenue. We believe this, and two new Australian acquisitions announced with the results, will see consensus upgrades. Management is guiding to further modest acquisitions in FY15. SGH’s own-brand development, tight management of workflow and economies of scale are delivering good growth. The dividend was increased from 6.6c (FY13) to 8c (FY14).
Underlying
Slater & Gordon

Slater & Gordon's principal activities are the operation of legal practices in Australia and the U.K. Co.'s services include: Personal Injury Law, which provides legal services in a range of personal injury areas including motor vehicle accidents, workers' compensation and civil liability law; General Law, which is made up of Personal Legal Services and Business and Specialised Litigation Services; Claims, which deals with the origination, assessment and resolution of personal injury claims with a focus on road traffic accidents; and Motor and Health Services, which provides motor vehicle accident management support and rehabilitation and medical reporting management solutions.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch