Carr's Group (L:CARRC) interim management statement for the first 18 weeks of FY16 shows that its strategy of innovation, investment and internationalisation is able to counter the impact of headwinds in many of its markets, enabling it to achieve another year with profits at the record levels achieved in FY15. The announcement notes that Carr’s is trading in line with expectations, so we leave our estimates and valuation of 205p/share unchanged.
To read the entire report Please click on the pdf File Below