Q: Your thoughts please on the quarters?
Thx
Thx
5i Research Answer:
CSU is now posted; LMN reported very weak organic growth (-9%). Not great, certainly, but overall growth is still very much there (with acquisitions), with sales up 31%, operating income up 65% and cash flow up 98%. We would of course like to see organic growth and not decline, but as the company makes more acquisitions over time this should be a possibility. Debt has risen but net debt is not particularly concerning. Estimates do call for very good EPS growth overall this year and next.