Join our community of smart investors

The Aim 100 2024: 70 to 61

The Aim 100 2024: 70 to 61
The Aim 100 2024: 70 to 61Published on October 24, 2024

70. Andrews Sykes Group

Andrews Sykes Group (ASY) hires, sells and installs portable heating, air conditioning, drying and ventilation equipment.

The business is exposed to seasonal weather patterns, with the mild winter temperatures and slow start to the summer hurting revenues in the six months to 30 June. This makes its fortunes difficult to predict. It currently trades on a forward price/earnings ratio of 5.3 times, which is higher than historical levels.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Already a subscriber? Sign in