Lighting systems supplier FW Thorpe (LSE:TFW) updated the market on Thursday morning with its full-year results.
The Worcestershire-based business revealed that trade of late has been improving. Despite ongoing competitive pressures of its road tunnel and street lighting business, the group is seeing excellent revenue and operating profit growth at its retail and display business Thorlux and Lightronics in the Netherlands, which continues to drive double digit growth for the group as a whole.
Insurance companies can be some of the harder stocks for retail investors to figure out with their industry-specific language and reporting measures, exposure to dozens of markets and regions, and volatility tied to interest rate changes and macroeconomic conditions. But for those investors willing to do their homework, I believe speciality insurance broker Jardine Lloyd Thompson (LSE:JLT) may prove an under-valued stock offering a steady dividend and considerable growth potential.