Impressive results | Trading well | Little to cheer
News covered here includes our assessment of excellent results from a provider of compliance and e-learning software. In a very buoyant sector, this little-known business has delivered fabulous growth over recent years yet remains very modestly valued. Elsewhere, a highly-regarded pub business has also been trading well, while its proving more challenging for a luxury furnishings group. Read on here for our usual forthright assessment of this and other news.
Youngs: trading well and decent value?
Young & Co (AIM:YNGA/N), the premium operator of pubs and bedrooms in London and the South of England, issued a positive trading for its financial year to the end of March.
Total managed revenue, which includes both Young's and the recently acquired City Pubs business, was up 25.4%, and 5.7% higher on a like-for-like basis, in line with expectations.
This performance, coupled with encouraging trading since…
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