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Bodycote – AGM trading update, more upside from this winning share tip?

By Tom Winnifrith & Steve Moore | Friday 7 June 2024


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.


Bodycote (BOY) has issued an AGM trading update which includes “a good start to the year… supports our expectation of further progress in 2024, including another step towards our medium-term operating margin target of more than 20%”. How good is the news from a 734p share price comparing to our 618.5p offer price October tip of this heat treatment and specialist thermal processing industrials company?
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