Tyman needs to improve efficiency

gdp

Problems in the US have led to forecast downgrades for Tyman (LON: TYMN) and new management needs to sort this out. A strategic review should be completed next year.

Production problems are exacerbating the tougher trading conditions in the construction sector in the US and UK. Trading for some parts of the business could get tougher in the second half.

The shares are trading on a low profit multiple and a high yield, but growth will be hard to come by over the next couple of years.
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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.