Leading International Investment Research

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>FY16 earnings showed a good step forward without much help from markets. Acquisitions played a part in this as Epwin further built out its product portfolio offering and developed its multi-channel distribution strategy. Market conditions are likely to remain subdued this year; we expect the company to redouble operational efforts to position the business for further progress, both organic and acquisitive.</p>

FY16 earnings showed a good step forward without much help from markets. Acquisitions played a part in this as Epwin further built out its product portfolio offering and developed its multi-channel distribution strategy. Market conditions are likely to remain subdued this year; we expect the company to redouble operational efforts to position the business for further progress, both organic and acquisitive.

Epwin Group PLC

Good progress, cautious outlook