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Regenersis in tip-top shape

TIP UPDATE: Regenersis has been a fantastic buy tip and, with recent acquisition Blancco doing so well, the story is as compelling as ever.
July 18, 2014

A bullish trading update from long-standing buy tip Regenersis (RGS) sent the shares up 5 per cent to 326p. The consumer electronics repair specialist said it achieved double-digit sales and profit growth and an improved operating margin in its fiscal year to the end of June.

IC TIP: Buy at 326p

The recent acquisition of Finnish data erasure software company Blancco is bedding down well. Regenersis said Blancco has performed ahead of initial expectations, with significant further growth expected again this year as Blancco benefits from recent changes to EU data protection rules that give data users the 'right to be forgotten'.