HellermannTyton is a global manufacturer who offers high performance fastening, connecting, routing, protecting, and identifying solutions to diverse markets.

Located in 34 countries, HellermannTyton draws upon its global resources and market position to develop tailored solutions that offer exceptional design, performance, quality, and productivity improvements to the customer.

http://www.hellermanntyton.com/

Financial Calendar


Date

Title


17th May 2013

Annoucement of Q1 Results

0610 GMT [Dow Jones] Goldman Sachs initiates coverage of HellermannTyton (HTY.LN) at buy with a six-month price target of 275p. It says the company is positioned to benefit from long-term trends towards urbanization and higher functionality in end-products. "We believe that these trends will translate into growing demand for power and data, allowing the group to deliver organic growth above underlying industrial production," Goldman notes. It also reckons the group could enhance growth through bolt-on acquisitions.

0722 GMT [Dow Jones] JPMorgan Cazenove initiates coverage of HellermannTyton (HTY.LN) at overweight with 240p price target. Says the group has a proven business model with significant barriers to entry and has delivered consistently strong financial performance. It says the group can continue to deliver growth ahead of industrial production and maintain its margin profile, a level of performance not reflected in the current valuation, it adds. The group's flexible cost base has helped to support financial performance through the 2008/09 downturn, adds JPM. Expects introduction of a dividend in June 2013.

On a roll today. Results 17th of May.

HTY.

All looks positive to me after the good results.........

HELLERMANNTYTON GROUP BROKER VIEWS

Date Broker Recommendation Price Old target price New target price Notes

06 Mar Goldman Sachs Buy 321.60 370.00 390.00 Reiterates
05 Mar Canaccord Genuity Buy 321.60 330.00 370.00 Reiterates
05 Mar JP Morgan Cazenove Overweight 321.60 - - Reiterates
04 Mar JP Morgan Cazenove Overweight 321.60 360.00 370.00 Reiterates
03 Mar Numis Add 321.60 340.00 340.00 Reiterates


Outlook (from results 3 March 2014)

2014 has started well as the Group continues to focus on delivering growth through broadly based initiatives. Global industrial production is forecast to increase in 2014, and we expect to benefit from this given our focus on providing innovative solutions for our industrial customer base. In addition, we anticipate being able to carry on taking advantage of a number of positive underlying structural drivers, including the increasing demand for power and data and the ongoing switch from metal to plastic. Our programme of capital investment is designed to ensure we continue to deliver sustainable growth.

HTY on the verge of a breakout and all time high.