UGL 0.00% $3.71 ugl limited

profit up 45 and order book up 50, page-4

  1. 1,078 Posts.
    Huntley's:-

    The rapidly growing property services division now employs more than 21,000 globally. Some investors may be concerned US economic weakness will impact on UGL's property business in that region. The company provides both facilities management (FM) and corporate real estate (CRE) services. History suggests the FM business strengthens in recessionary times due to a greater level of outsourcing. CRE is more dependent on transaction volumes; its business revolves around developing occupancy strategies for large corporates, assisting with lease negotiations and planning for future real estate requirements. An economy on hold would no doubt impact this business. However the CRE component is considerably smaller than FM, representing roughly 4% of group revenues.
 
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Currently unlisted public company.

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