Upgrades, Downgrades and everything in between
News and opinion covered here include a few profit warnings, but also several companies trading ahead. One of our Stonking Small Cap opportunities impressed with its year end update as did a provider of vehicle telematics. Read on here for our forthright views on this and other news. (Premium)
Inspecs: down go the shares again
Shares in Inspecs Group (AM:SPEC), the manufacturer, and distributor of eyewear, fell back following a disappointing trading update for its financial year ended 31 December 2023.
Financial performance is now anticipated to be below market expectations due to softer trading in December, despite a 16.1% increase in adjusted underlying EDITDA to £18.0m – although an ‘adjusted underlying’ number can hide a multitude of sins!
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