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Gresham House “Operationally geared for profitable growth”

Simon Thompson from Investor’s Chronicle offers a positive outlook following the interim report. He is optimistic about the continued growth of Gresham House with ‘the expectation of a sharp ramp up in profits’. He cites the successful acquisition of FIM Services as a valuable boost to Gresham House’s forestry business, and a key contributor to the half year’s 148 per cent rise in assets under management. Thompson discusses Gresham House’s future targets, including a planned £100m increase to its new energy funds over the next half year. He lifts his target price and advises to buy.


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