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"Sanderson fits the bill for investors looking for a combination of accelerating growth potential, healthy cash generation and growing dividends. This is a long-established provider of high quality ERP and retail systems to SMEs that has a good level of revenue visibility (50% recurring revenues and a £3.2m order book) and a strong IP base that includes connected retail and specialist solutions. Management has a clear and, in our view, highly achievable three-year plan for significant value creation and increasing returns." N+1 Singer note out this morning on Research Tree
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