Growth aplenty | Free cash flow focus | Low ball offer
There have been plenty of trading updates and results to digest with one of our Bonkers Bargains the pick of the bunch as it continues to deliver fabulous growth. Elsewhere, for many of the companies covered here our focus remains resolutely on top line growth and free cash flow as an assessment of value, with some doing considerably better than others. We also assess yet another low-ball offer for an AIM company. Read on here for our latest forthright views.
Client portfolios managed by our associates, Fundamental Asset Management, may hold shares in companies covered here. Remember to use our updated AIMsearch tool from the link here to discover which AIM companies benefit from the valuable Inheritance Tax reliefs. Onto our assessment of the latest news… Volex: trading in-line, but… Volex (AIM: VLX), the manufacturer of critical power and data transmission products, still appears to be trading well. For the 39 weeks to 29 December revenue climbed 21.8% to $789.4m, of which organic growth was 9.6%. Operating profit margins have been maintained within their target range of 9%-10%, although there…