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Marlowe

June 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MRL
  • Price:
  • 780p
Marlowe said that H2 trading was strong and it expects to report FY21 results ahead of expectations with adjusted EBITDA “in excess of £28m.” The new financial year has seen significant demand experienced across all business units. The steady diet of acquisitions continues, with Marlowe also picking up three more businesses this month to bolster its presence in existing markets: Integral, an occupational health provider; Agriteck, a water treatment business and the assets of One Price Fire, a fire safety business. Reflecting the impact of these, current run rate adjusted EBITDA is approximately £39m.Profiled at 535p in October ‘20, the shares continue to glide northwards. Strong hold for ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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