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"Full-year results were slightly better than our expectations, with double-digit sales growth for a second year and a 28% increase in divisional operating profit. Growth was especially strong in LED technologies, though strong in both its two main divisions, with sales boosted by recent capex that has increased the group’s capacity and capabilities. We raise our trading profit forecast. The shares have traded towards the top end of their recent range but still look good value... with another good year expected as new programmes and capacity come on stream." finnCap's note out this morning on Research tree
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