JEREMY BATSTONE-CARR | CHARLES STANLEY
Continued disruption from Japan seems likely. Notwithstanding this the company is expected to make ‘good progress’ boosted by strong market positions. Investors should note, however, that market conditions remain tough in our view and comparatives are likely to get tougher.
RICHARD CURR | PRIME MARKETS
GKN has long established a reputation with traders and investors as a solid and resilient performer, and while the tragic events in Japan have impacted on the recent profits performance, the fundamental growth drivers across the group remain as strong and attractive as ever.
KEITH BOWMAN | HARGREAVES LANSDOWN
In all, some slowing of growth appears to have been anticipated, with the shares underperforming the wider FTSE-100 index by over 12 per cent over the last three months. Nonetheless market consensus opinion continues to remain favourable in tone (‘buy’).