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Devro still worth tucking into

Another period of solid growth from sausage-skins maker Devro more than justifies its shares' premium rating
April 23, 2012

Devro says it is on track to meet full-year profit targets after overcoming manufacturing issues at the start of 2012.

IC TIP: Buy at 315p

Strong growth in the emerging markets of eastern Europe and Latin America offset sluggish sales in the UK, while its new premium range, Select, is in high demand in Europe and Japan, with analysts predicting that sales of the product could double to £20m this year.