Armstrong Industrial Corporation rated 'buy' by DMG

Stock Name: Armstrong
Company Name: ARMSTRONG INDUSTRIAL CORP LTD
Research House: DMG

DMG & Partners Securities in a Mar 4 research report says: Revenue grew 11.7% y-o-y to $56.2 million while earnings slid 0.4% y-o-y to $6.2 million. Management guided for a weaker 1H11 performance on the back of weaker margins due to inflationary pressures on production cost.

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