Mar 16 2026
Recent Research
SigmaRoc plc, Another year of delivery expected
Mar 16 2026
Berkeley Group, Reaffirmed FY 2026 guidance
Mar 13 2026
Stelrad Group plc, Delivers once again
Mar 13 2026
Volution, Continues to power ahead
Mar 12 2026
Mincon Group
Material upgrades follow FY25 results; target price moving to 82c
2025 was a successful year of growth and self-help initiatives at Mincon. The business has maintained momentum into FY26 and we are increasing our forecasts to reflect higher sales...
CRH
Another strong year of growth ahead; significant upside from 2030 targets
Following another strong year of delivery in 2025 and a robust set of FY26 guidance figures, we increase our CRH price target (PT) to $144 with a high level of confidence in our new,...
Irish economy
Q4 national accounts show strong economic growth in 2025
The quarterly national accounts for Q4 2025 are consistent with our long-standing view that the Irish economy remains in a high-growth phase, despite high global uncertainty. Consumer...
Dole plc
Model update – well positioned in FY26 and FY27
We maintain our adjusted EBITDA forecasts for FY26 and FY27 at $422m and $450m respectively, with a recovery in Fresh Fruit and continued strength in the Diversified business...
Irish economy
Labour market remains robust based on latest exchequer data
February’s exchequer returns showed a strong rebound in non-corporation tax growth, driven by income tax, albeit this came after a soft result in January. However, we point to new...
Food and beverage manufacturers
Private label growth: a detailed study
Private label now accounts for c.61% of total UK grocery sales by volume. What was once positioned primarily as a value lever has evolved into a central driver of retail growth as...
Bank of Ireland
FY 2025 ahead; growth to compound higher returns
FY 2025 results came in ahead of expectations, highlighted by strong growth across key franchise segments. FY 25 results bookend the existing cycle and segue into the next 3-year...
Irish banks
Banks monthly: well set for FY 2025 results
The set-up for Irish banks remains very attractive. Growth in domestic loans and deposits is above eurozone trends and will support earnings growth and capital generation in the coming...
Saint-Gobain Group
Ready to take the next step
Saint-Gobain has made a successful transition from an unwieldly conglomerate into a more-nimble, locally managed business focused on light and sustainable construction. Most notably,...
Travis Perkins plc
Cutting 2026 forecasts as outlook remains subdued
2025 was something of a year of transition for Travis Perkins, but our downward revision of current year estimates underlines how trading conditions remain unaccommodating. The stock...
