The potential for double-digit profit growth and increasing cash generation is not reflected in a lowly eight times forward PE
Renold (RNO:AIM) Price: 73.9p Profit to date: 35.2% We highlighted industrial chains and specialist torque transmission maker Renold (RNO:AIM) as a great investment opportunity in August 2024. The company has a clear strategy to deliver shareholder value by consolidating a fragmented global market and driving margin expansion via scale benefits and efficiencies. We argued growth, quality and value is a rare combination not to be missed. WHAT HAS HAPPENED...