Mouchel up. Did anyone notice?
We yield to few in our fascination with the support services sector. But even we’ve found our attention wandering to goings on in other parts of the business press in the last few weeks.
So Mouchel had to shout to get noticed. And its full year results announcement on Tuesday gave it a fair crack: revenue up 46%; profit up 27%; the dividend increased by a fifth. That’s a good result from a Credo favourite.
But did anyone notice? Not to judge by the press - there wasn’t any to speak of - but the shares are up 40p (+13%), so someone’s buying.
