Hardman & Co Research, GG00BYYLRY96

Hardman & Co Research / GG00BYYLRY96

30.09.2024 - 11:45:08

Hardman & Co Research on The International Stock Exchange (TISE): Strong bounce back continues

Hardman & Co Research
Hardman & Co Research on The International Stock Exchange (TISE): Strong bounce back continues

30-Sep-2024 / 10:45 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on The International Stock Exchange (TISE): Strong bounce back continues   The International Stock Exchange (TISE) had an excellent half year to June 2024: revenue was up 22% to £6.4m and fully diluted EPS +27% to 105p. The second interim dividend was raised 67% to 75p, reflecting the new, higher payout, dividend policy. The performance, once again, demonstrates the strength of the business, this time against a background of more active markets. We have raised our forecasts: 2024 EPS goes to 191p, from 182p; and 2025 to 232p from 219p. Our valuation range rises proportionately to £87m-£91m, with a central value of 3,000p per share.   Please click on the link below for the full report: https://hardmanandco.com/research/corporate-research/tise-strong-bounce-back-continues/   If you are interested in meeting the company, you can register your interest by clicking on the above link
To contact us: Hardman & Co
9 Bonhill Street London EC2A 4DJ   www.hardmanandco.com   Follow us on X @HardmanandCo
Contact: Jason Streets

 
  js@hardmanandco.com

 
Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement. About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service 1998627  30-Sep-2024  fncls.ssp?fn=show_t_gif&application_id=1998627&application_name=news&site_id=trading_house_net~~~7efceac5-959a-43d6-afef-21ad42b6a5d4
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