Eyewear specialist looks well-placed to thrive
The eyewear specialist covered here had an eventful 2020. Having weathered a very tricky period over lockdown, and with two acquisitions already under its belt, the growth opportunity looks substantial. It looks another interesting AIM company to follow, and seemingly far more modestly valued than its giant sector peer. Read on to find out more in our free introduction here
The latest results from INSPECS (LON:SPEC), the Bath-based designer, manufacturer and distributor of eyewear frames and optically advanced spectacle lenses, cover an eventful year which featured a little bit of everything. Our earlier premium commentary here ‘Inspecs - looking good value’ highlighted the appeal of the shares when they were only 185 pence. They have performed strongly since, currently standing at 351 pence (up 90%), with the market capitalisation £355m. Despite the strong move, there appears to be plenty more upside for patient investors. Our premium commentary provides further information on the history of the company, IPO and sector peers. Since their IPO in February 2020, the…