General industrials – LSE – Mcap: £118m – Price: 123p – Update
AT AN INFLEXION POINT
Carr’s Group plan to dispose of the Engineering businesses remains on track and will leave the company as a focused agricultural supplies business. Restructuring (both the cost base and exiting loss-making activities) along with actions from the new management and potential from a market upturn should provide positive forward momentum and support the future growth strategy.
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