PUNT OF THE WEEK
WHAT IS IT?
AIM-listed Restore provides data and document management systems, and specialises in three areas: storage, scanning and shredding.
This places it in a sweet spot at a time when consumers are increasingly aware of privacy and more firms are facing fines and penalties for poor management of customers’ data.
WHAT’S THE LATEST?
Last year was a bit tricky after its acquisition of TNT Business Solutions became entangled in a competition investigation.
WHO BACKS IT?
Octopus Investments, Canaccord Genuity and Royal London Asset Management are the three biggest shareholders, according to Reuters data.
Other big- name backers include Franklin Templeton, Blackrock and Majedie.
WHY YOU SHOULD INVEST
It is looking to build on a strong track record of earnings per share growth, yet the share price has been weak thanks to worries about debt and last year’s acquisition.
AND WHY YOU SHOULDN’T...
A 1.8pc dividend yield may not scream out to income-seekers – but it has grown its annual payment every year since 2011.