LifeSafe Holdings – “sales growth has continued to exceed the board's expectations”… but how impressive is it?
By Steve Moore | Monday 26 June 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Describing itself as an “innovative fire extinguishing fluids and fire safety products” company LifeSafe Holdings (LIFS) has issued an AGM statement including that “sales growth has continued to exceed the board's expectations… becoming increasingly confident that the current outperformance of sales augurs well for trading in the second half of the year”. So what of a share price currently up to 41p?
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