Aeon Delight. Captive sales growth and sector consolidation are the key earnings drivers for this office maintenance company. As part of the Aeon Group, the company is benefiting from store openings and consolidation across the retail empire. We expect Aeon Delight to further penetrate this group with its extensive range of facilities management services, and to develop a wider external client base. In addition, sector consolidation can be expected to continue. In the last year the company's market share has increased to 4.2% from 3.3%. Through consolidation, it has proved adept at realising good operating leverage by stripping out costs and economies of scale.
| Sedol |
Type |
Price |
Date |
| 6476218 |
Buy |
JPY 2188.05 |
09 May 2008 |
|
