DAVID TOMS | NUMIS
The long-awaited acquisition has finally been achieved, management are guiding to 15 per cent earnings accretion in 2012 against a consensus number that is already around 10 per cent ahead of our forecasts.
GEORGE O'CONNOR | PANMURE GORDON
A match made in pragmatism. It is not ‘the one’, but the Iron Mountain asset acquisition should not be construed as being second best. It has the opportunity to drive significant profitability by chasing down costs.
JAMES CRAWSHAW | S&P
This positive development follows strong first-quarter results, which showed sales growth accelerating to 13 per cent, with organic core growth of 19 per cent.