Industrials is a broad, international sector consisting of around six sub-sectors across nearly every geographic region. 

We therefore try to take a holistic approach to our research, with waterfront coverage of the UK listed stocks seen as a starting point. In addition, we monitor a large number of international companies which gives us valuable read across, and enables us to put UK equity stories into wider context in a way that differentiates us from our peers. We pride ourselves on our long-standing relationships with companies and management teams across the sector, and being able to bridge the gap between them and the international investor base.

Henry Carver joined Peel Hunt in 2008, having previously been a support services analyst at Panmure Gordon. Before that he was a Market Research Analyst with the Business Research Group. He now principally covers Electronics & Electrical Equipment, Industrial Engineers & Distributors. He holds a degree in Modern Languages from Bristol University.

Harry Philips joined Peel Hunt in 2016 from Canaccord Genuity having spent much of his career at Panmure Gordon and Evolution. He has covered UK Industrials since 1988 and has been consistently highly ranked in surveys. He has a degree in Politics from Reading University.

Lauren Baker Iguaz joined the industrials team at Peel Hunt in January 2023. Prior to joining, Lauren worked as a Research Associate at Arden Partners. Before working in equity research, Lauren had nearly 4 years of investment consulting experience. She graduated from the University of Warwick with a BSc Hons in Mathematics, Operational Research, Statistics and Economics. She is currently studying to become a CFA charterholder.


No. of companies covered
No. of Clients

PH Industrials Bugle

The factor that stands out most, in our view, is the pricing backdrop. The near uniformity in application and the shortening of put-through periods, coupled with more frequent price adjustments, highlights the pivotal role the sector has in the global supply chain.


Harry Philips

Research analyst

Lauren Baker Iguaz

Research Analyst