Updates

Filtrona - Well placed to achieve Vision 2015 objectives

June 2013

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.

Another good month for the shares, which hit a new high of 744p following a strong Q1 update, which noted that trading is in line. Revenues were ahead 12% and like-for-like sales growth was 9% against Q1 2012. Within the divisions, porous technologies grew 24%, coated & security 9% and filter products 22%. As a result, the group remains â€œwell-placed to achieve its Vision 2015 objectives of at least mid single digit like-for-like revenue growth and double digit adjusted eps growthâ€. Filtrona has also made further progress integrating earlier acquisitions, with the Contego purchase due to complete at the end of April.Tipped at 556p in Febâ€™13 the shares have quickly gained 33%. Hold f ...

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N Brown - High margin Internet sales now account for 54% of turnover

Filtrona - Acquisition of Contego Healthcare drives shares over Â£7 (May 2013)

Filtrona - Vision 2015 on track (April 2013)

Filtrona - Maker of essential components forecast to increase eps 62% in three years (February 2013)

Filtrona - Strong growth in eps following de-merger from Bunzl (December 2012)

Filtrona - Could spin-off its technology to stop cigarette counterfeiting (May 2006)

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.

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