KEL looks promising....chart trend looks good, broke thro' £6 barrier with ease.
Reasonable forward looking statement and director buy.
just my opinion....so dyor
maxi.
fundies ok: pe 12.83, roe 10.53, peg 0.29, epsg 44.04, inc divi yr on yr, slight profit hiccup in 03.
LONDON (AFX) - Kelda Group PLC, Britain's fifth biggest water supplier,
posted an 8.2 pct rise in first-half underlying profit, driven by increased
revenues and cost cuts at its Yorkshire Water unit.
Pretax profit, before exceptional items, climbed to 107.9 mln stg in the six
months to September 30 from 99.7 mln on turnover up 5.5 pct to 378.6 mln.
Kelda had been expected to deliver underlying pretax of 102 mln stg
according to a consensus of 14 analysts' forecasts provided by the company.
"The company has made a good start to the year and we are seeing the
continuing benefits of our focus strategy on water and waste water, with further
efficiency gains at Yorkshire Water and clear growth in our non-regulated
business," said chairman John Napier.
