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Nord Anglia

September 2004

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:
  • NAE
  • Price:
  • 220p
Nord Anglia shares firmed after it issued a pre-close trading statement ahead of full year results in November. The results will be the first since the sale of the UK schools businesses and the acqusitions of the Leapfrog and Jigsaw nursery chains, which have created the UK market leader in terms of number of places offered. The acquired businesses have bedded in well and the initial trading performance is in line with expectations.  Looking ahead, Nord said that the key attractions of the nursery business was the visibility to future trading performance as individual units mature and anticipate a substantially increased contribution from the division in the new financial year.The International Schools division has recently o ...

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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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