Join our community of smart investors

Huntsworth reassures as marketing returns to growth

The shares have rallied after a good performance in the second half
December 12, 2018

Huntsworth’s (HNT) shares started the year extremely well, going from around 80p to nearly 140p between January and July. Unfortunately, since mid-year there has been a bit of a reality check and the shares have lost ground since a disappointing performance at the half-year results. However, things are looking up again.

IC TIP: Buy at 106p

The shares are up 10 per cent after management announced it expects full-year headline profits to "at least" hit market consensus expectations; £29.4m according to broker Peel Hunt. The marketing division has returned to like-for-like revenue growth in the second half after disappointing in the first, and both the medical and immersive divisions have clocked up double-digit revenue growth.