If you’d invested in: FDM Group and Intu Properties
FDM Group Holdings offers IT services such as project management, business analysis and data operations. In July, it revealed that revenues had surged.
If only...
FDM Group Holdings (LSE: FDM) offers IT services such as project management, business analysis and data operations, as well as product development. It has offices around the world, and the London-based firm was promoted to the FTSE 250 in March this year.
In July, it revealed that revenues for the six months ended June had surged from £86.5m to £117.1m, boosting pre-tax profits from £15.5m to £20.6m.
Be glad you didn't
Intu Properties (LSE: INTU) is a shopping-centre owner and manager. The company, which has lost around a fifth of its value in just 12 months, was relegated from the FTSE 100 earlier this year as a result of increased investor pessimism over the retail sector. Despite this, Intu expects another year of rental income growth after a solid third quarter. It has agreed leases between July and November for £13m of annual rent.
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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
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