Make your money go further for just 25p per day

Restore – another tale of questionable exceptional items 

17/09/2018 · Restore PLC (RST) 

Document storage boxes - Restore (AIM:RST) shares
Interim results from the provider of document storage, shredding and office removal services yet again included a host of exceptional costs which shareholders are clearly supposed to ignore. We question how much longer they can get away with this!

Restore (AIM:RST) is yet another so-called ‘Buy and Build’ stock market creation which is focused on delivering value to shareholders, primarily through the acquisition and successful integration of other related businesses, principally in the area of document storage and management.

Management commented on ‘another strong first-half performance”, but it didn’t look terribly strong to us.

The adjusted results obviously present the usual delightful picture with revenue rising 9% to £95.1m, operating profit up 15% to…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

Have your say

Log in or register to view or add comments.

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Restore PLC

Fantastic results from AIM

22/11/2022 · Company Insights

News from AIM covered here include fantastic results from two fast-growing AIM companies, one of which…


Marlowe: fudging the numbers?

20/01/2022 · Company Insights

Yet another acquisition from the acquisition machine, but surely any numpty could deliver earnings accretive deals…


More Company Insights

Bonkers Bargains: positive update and still amazing value

26/01/2023 · Time Finance

Stonking Small Caps: positive update

26/01/2023 · dotDigital Group PLC

Sign-up to our free email updates

SIGN UP