Kitchen sinking it | US growth | Big second half
News covered here includes an assessment of results from a company going through an AI-driven metamorphosis. In the short term that’s bringing plenty of impairments and exceptional costs, which will hopefully all be worth it. In the meantime, shareholders can still enjoy an appealing, if reduced, dividend. Elsewhere, a manufacturer of infection prevention products is making exciting progress in the USA, while a beneficiary of the increase in defence spending has some catching up to do. Read on here for our thoughts on this and yet another AIM takeover.
Remember to use our updated AIMsearch tool from the link here to discover which AIM companies benefit from the valuable Inheritance Tax reliefs.Client portfolios managed by our associates, Fundamental Asset Management, may hold shares in companies covered here.Onto our thoughts on the latest news... RWS: kitchen sinking it! Much as we anticipated, full year results from RWS (AIM:RWS), which now calls itself a “global AI solutions company”, featured some hefty write-offs of Goodwill and intangibles from previous acquisitions and a massive statutory loss. New CEO Ben Faes has clearly taken a good look at things and wants a clean start.…