We are pleased to invite you to our next Investor Forum, on the evening of Wednesday 17th April, to meet the senior management of Corac, Stadium Group and Porvair.
The Companies:
Corac (CRA, market cap £45m)
Corac comprises both advanced technology and engineering companies. It has a long history of building an Intellectual Property portfolio of patents for innovative compressor work in resource drilling and energy systems. Last year they made a transformational acquisition (of two profitable businesses from the Wellman Group). Partners include Baker Hughes, BP, ENI, Saudi Aramco and the MoD. Group Managing Director and Chief Financial Officer, Mark Crawford, will present.
Stadium Group (SDM, market cap £12.7m)
Faced with slowing traditional markets, Stadium Group changed its management team, rationalised its cost base and made an acquisition to broaden their digital offering. By combining traditional electronics manufacturing services with value added design for interface and displays, the business is now positioned for growth. The shares yield 6%, and are on a forecast 2013 PER of under 7x. Stephen Phipson, CEO, and Joanne Estell, FD, will present their strategy.
Porvair (PRV, market cap £89m)
Porvair is a leading player in two growing sectors; specialist filtration and environmental technology, where regulation is a driver of demand. Profits grew by 40% last year and the embedded nature of their products means there is excellent visibility of future revenues. CEO Ben Stocks will talk about Porvair's opportunities to grow the business, market share, and margins.
Venue: Fasken Martineau, 17 Hanover Square, London, W1S 1HU (click here for a map)
Time: 5.00pm for 5.30pm start, 30 mins for each company to present and answer questions, and drinks and canapés to follow at 7.00pm.
Date: Wednesday 17th of April.
