Updates

UDG Healthcare

February 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The pull-back seems unwarranted for healthcare services group UDG, which released results slightly ahead of consensus forecasts with adjusted eps rising 23% to 37.1 cents (Consensus was +19%) and pretax profit also up 23% to US$119m.The year saw it complete six acquisitions with a total cost of US$270m, developing leading positions and expanding its service offering. Excluding their first-time contributions, growth was 13%. The outlay swung it from cash of US$143m to net debt of US$53m.Ashfield, UDG’s contract sales outsourcing business, which runs a healthcare / pharmaceuticals firm’s sales & marketing functions, delivered 20% sales growth to US$821m and 14% operating profit growth to US$81.6m (9.9% operating ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

H&T

Luceco

UDG Healthcare - Take-over at 1080p yields a 97% gain (August 2021)

UDG Healthcare - 1023p-a-share cash offer (July 2021)

UDG Healthcare - Operating margin at Sharp jumps from 12.9% to 15.5% (January 2021)

UDG Health (October 2020)

UDG Healthcare (June 2020)

UDG Healthcare (January 2020)

UDG Healthcare (July 2019)

UDG Healthcare (August 2018)

UDG Healthcare (July 2018)

UDG Healthcare - Confident CFO's unofficial target is 20% eps growth p.a. (April 2018)

UDG Healthcare (December 2017)

UDG Healthcare (September 2017)

UDG Healthcare - Shares hit new high of 837p (July 2017)

UDG Healthcare - Shares rise above £7 for first time (April 2017)

UDG Healthcare (February 2017)

UDG Healthcare (July 2016)

UDG Healthcare - Completes disposal of wholesale drugs arm (May 2016)

UDG Healthcare (March 2016)

UDG Healthcare - Healthcare firms profitability soars after sale of low margin business (January 2016)

UDG Health - Key disposal will lift margins for high-flying healthcare group (November 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X