Report
Allan C. Nichols
EUR 100.00 For Business Accounts Only

Sky Reported Another Solid Fiscal-Year Result; Awaiting Final Takeover Offer

Sky reported another solid fiscal year-end result with revenue growing 4.5% year over year, similar to our 4.7% projection. Despite this strong revenue growth, we think the shares are trading above the company’s fair value estimate as a stand-alone company. Thus our fair value estimate is based on the latest takeover offer. Our fair value estimate deducted the GBX 22 per share final dividend that had been scheduled. However, management announced it would not pay the final dividend, so we expect ...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allan C. Nichols

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