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Stadium Group

  • BY: Andrew Hore |
  • POSTED: 22/02/2010 |

Contract electronics manufacturer Stadium Group says that its 2009 profit will be between 10% and 15% ahead of expectations.

Stadium was expected to report a profit of £2.2m so this suggests that the outcome will be nearer to £2.5m. The figures will be announced on 3 March.

The positive momentum has carried on into the current financial year.

At 47p a share, up 4p following the trading statement, Stadium is valued at £13.6m.

The shares are trading on just under eight times prospective 2009 earnings. 

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