Sanderson Plc

Sanderson plc - AIM

SOFTWARE & COMPUTER SERVICES

Sanderson Group is specialist provider of digital technology solutions, innovative software and managed services for the retail, wholesale, supply chain logistics, food and drink processing and manufacturing market sectors.

Company In Brief

At 2 May 2019

Share Price at time of reporting: 107.5p

Market capitalisation – £64.5m

Prospective p/e ratio – 13.4x

Prospective dividend yield – 3.1%

Review

The company has announced the acquisition of Gould Hall Computer Services, a specialist provider of software solutions for maximum consideration of £4m.  The initial consideration is £1.85m with the balance payable over the next six years.  The interim results are due out on 15 May.

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