TP Group - Transitioning For Growth

 | Apr 21, 2016 08:18AM ET

Having successfully addressed the inherited losses ahead of plan, TP Group (LON:TPG) management can now embark on driving a more growth oriented business focused on high integrity support, services and solutions. Removing speculative development losses, combined with improved returns from a growing top line, should ensure a more accurate reflection of underlying economic value. Our FY16-based sum of the parts returns a value of 8.7p.