Report
Tony Williams

Henry Boot Plc (BOOT): What’s in a name?

Shakespeare said it first. What someone or something is called or labelled is arbitrary compared with their or its intrinsic qualities; this is especially true of sobriquets. Henry Boot has been monikered a Luddite because of its mix of businesses. Unfashionable, maybe, but intrinsically valuable, singularly and in concert. These include property development, land promotion, construction, plant hire, housing and a dash of PFI. Having traded for more than 100 years, Henry Boot is also old enough to know better; and it does. Not just in mix but in terms of blooming financial metrics; and it pays dividends through thick and thin. “A rose by any other name would smell as sweet”.
Underlying
Henry Boot PLC

Henry Boot is a land promotion, property investment and development, and construction company. Co.'s sectors include: land promotion, which acquires, promotes, develops and trades land; property investment and development, which consists of Co.'s commercial property development activities, development of family homes, and provision of office space to small business occupiers; and construction, which consists of Co.'s services for both public and private clients in various construction and civil engineering sectors, as well as its construction equipment and services, and the operation and maintenance of the A69 trunk road between Carlisle and Newcastle upon Tyne.

Provider
Hardman & Co
Hardman & Co

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Analysts
Tony Williams

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