Slater & Gordon has created a powerful brand in the Australian personal injury market and its domestic roll-up strategy has generated strong financial returns...

Slater & Gordon has created a powerful brand in the Australian personal injury market and its domestic roll-up strategy has generated strong financial returns in recent years. Its aggressive push into the UK legal market has now seen the company benefit from 'first mover' advantage in the UK personal injury space. Recent updates from SGH management suggest that the UK business is trading well and generating solid organic growth of around 8%. The company is investing heavily in its UK marketing and is expected to continue to make bolt-on acquisitions in coming years. Although this may weigh on margins in the near term, it ought to help SGH grow its market share towards its stated target of 10-12% in the medium term. We rate the management team, led by MD Andrew Grech, highly and continue to hold the stock as a core position in the Fund.


3 topics

OC Funds Management (OC) is a boutique small cap specialist which was founded by its investment staff and non-executive directors. OC commenced operated in December 2000 with the launch of two long only small cap Australian equity funds, the OC...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.