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Numis reiterated its “hold” rating for the personal healthcare products producer. Numis said it is a strongly-managed concern with a successful strategy and said the fact that profit before tax was only down one per cent last financial year, despite adverse events in Nigeria, is ample proof of this.
S&P Capital IQ maintained its “buy” rating for the UK telecommunications provider. Vodafone’s trading statement for the first three months ending June showed progress. If European sales start increasing later in the year, sales could grow more than three per cent from 2017, S&P said.