Shareworld's Guide to Investing - The Official Blog

Monday, 5 November 2012

Ricardo - Buy

Ricardo Plc, established originally in 1915 as Engine Patents Ltd by Sir Harry Ricardo, is today a leading multi-industry

engineering provider of technology, consulting services and product innovation. Notably, Ricardo developed and supplies the

renowned twin-turbo V8 engine used in the new McLaren MP4-12C supercar. In addition, Ricardo has collaborated with Xtrac Ltd

in the development and supply of transmissions to Formula One teams, including Lotus and HRT. Furthermore, Ricardo is

concerned with the development of intelligent transport systems and hybrid-electric systems. Currently Ricardo derives

business from defense, rail and clean energy sectors to complement motorsport and transportation order books.

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