Subscribe Main Hotline Home TWST makes its reports available in PDF format to provide the best look and feel. Click the button below to get the latest version of Adobe Acrobat Reader. See below for an overview of this issue. In two extensive Analyst Interviews on the outlook for European Entertainment and Leisure stocks, prominent analysts Richard Finch and Nicolaus Gauthey of Credit Lyonnais Securities examine the outlook for sector stocks and offer recommendations.
Tour operators are a classic example.
It has a flair which it has applied vigorously to acquisitions. It wouldn't surprise me if they were to withdraw in due course from that. The expected highlighting of structural concerns across Betting and Gaming could accelerate Hilton's move to an effectively pure hotel play. The scope then for lucrative incremental returns from reinvestment in a single business under respected management is very exciting, yet utterly ignored by the current stock rating. A return to double-digit earnings growth in 2000 underpins our confidence.