Home » Posts tagged 'sanderson group plc'
Tag Archives: sanderson group plc
Sanderson Group plc SND Half year trading results to the end of March, are ahead of management’s expectations with revenue growing to approximately £17.0 million from last years £14.6 million and operating profit increasing by over 30% to £2.8 million from last years £2.1 million. Digital Retail has continued to perform strongly during the six months and achieved further double-digit revenue and operating profit growth.in The Manufacturing business sales orders grew by over 10%. The Board is confident that it will be able to maintain its progressive dividend policy.
System 1 Group plc Sys1 updates that its Consultancy business stabilised after a difficult 2017/18. Gross profit was down 1% for the year as a whole at £22m but Being 4% ahead in the second half, allowed it to generate underlying pre-tax profits for the year as a whole.
Serabi Gold plc SRB Reports another excellent quarter with a strong start made to 2019 and over 10,000 ounces of gold produced in the first quarter, keeping up the momentum from the end of 2018 and the second successive quarter with production above 10,000 ounces for the first time. Guidance for 2019 is maintained at production in the range of 40,000-44,000 ounces representing a significant improvement on 2018’s production of 37,108 ounces.
Filta Group Holdings plc FLTA continued to experience strong organic growth for the year to the end of December whilst, at the same time completing two strategically significant acquisitions, moved Filta into a market-leading position. Like for like revenue grew by 23% and like for like EBITDA by 25%. The proposed final dividend has been increased to 0.92p. per share on top of the interim dividend of 0.72p making a total increase for the year of 26%.
IG Design Group plc IGR The strong trading performance continued in the final quarter both delivering revenue and profit growth across all regions in the year to the 31st March.. The Board now anticipates that the financial performance of the Group will be be up significantly up year on year. The progressive dividend policy is expected to be continued earnings pay-out ratio is also expected to be increasesd at the full year.
Sanderson Group plc SND Preliminary trading results for the year ended 30 September 2018 are significantly ahead of the prior year and also ahead of market expectations. Revenue has increased by 49% to £32.05 million and operating profit by 33%. The recommended Final Dividend and Full Year Dividend are both to be increased by 13% to 1.75 pence per share and 3.00 pence per share respectively. The company has a good level of confidence that further progress will be made in 2019 and results will be at least in line with expectations..
Cake Box Holdings CBOX Announces a strong performance since its admission to Aim in June. Revenue for the six months to the end of September rose by 44% but profit before tax fell by 7% and earnings per share by 11% after allowing for Aim listing costs of £599,000. Adjusting for these left the respective figures showing rises of 34% and 36% respectively. The interim dividend is increased by 17%. The Cake Box brand is described as continuing to go from strength to strength and the Board is expecting another successful year of growth.
Fusion Antibodies FAB admits that the first six months of the current financial year have been challenging due to increasing competition and consequential pricing pressures. Revenue fell by well over 50% and the loss for the period increased to £742k from £166k in the first half of last year. However a strong recovery in order levels has been seen in October and November and a resumption in growth is expected.
SysGroup plc SYS claims to have made steady progress during the first half year to the end of September. Revenue rose by 47.3% and adjusted EBITDA by by 300%. The company moved from a small loss into a slightly larger profit and adjust basic earnings per share rose from 0.2p to 1.1p per share.Investment in the business has continued and this has led to an increase in the proportion of recurring revenue.
HSBC has had to cave in and pay yet another huge penalty to fend off claims in the US of widespread fraud and corruption. It took the benighted bank some ten years until 1916 before it had the grace to cough up and agree to pay compensation to US customers to whom it brought financial misery and in many cases deliberately made homeless. The bank has now been forced to pay a huge $765 million settlement to the US Department of Justice but still will not admit to any wrongdoing, which raises the rather major question, as to why in that case it has agreed to make the payment. Banks are not particularly noted for their generosity.
The bank paid up rather than try to defend itself against allegations that it misled investors, misrepresented the quality of securities, hurt people and abused their trust, caused major losses by investors and contributed to a crisis of foreclosures. The amount involved at $24bn was not chicken feed but this is the worlds bank so nobody has actually been sent to prison. The bank claims that it has put things right by strengthening its internal controls but in the same breath it admits that it is still completing the turn-around of its US operations. Twelve years after the event and it has still not got its act together!
Page Group plc PAGE saw third quarter gross profit rise by 19.7%, the highest quarterly growth rate since 2011. The increase ranged from virtually nil (0.8%) in the UK, to 30% in the Americas and 27.7% in Asia Pacific. operating profit for 2018 is expected to be marginally ahead of consensus
Sanderson Group plc SND updates that trading results for the year to the end of September are significantly ahead of 2017, but also slightly ahead of current market expectations. Group revenue rose by nearly 50% and operating profit by 30% to over £5 million compared to 2017’s: £3.90 million. Sales orders in the second half of the year were strong and on a like-for-like basis, the order book at he year end was up by over 9%.
Iofina plc IOF produced the largest quarterly total of crystalline iodine in its history with a total of 172.3 metric tonnes for the third quarter, an increase of 37.8% over the third quarter of 2017. The company expects the positive momentum which it is currently experiencing will significantly increase Group revenue and profits from those attained in the first half.”
ConvaTec Geoup CTE admits to a disappointing performance in 2017 due to unspecified headwinds and significant challenges, the nature of which are not disclosed..Supply constraints from which it suffered during the year will continue to have an impact in 2018, especially in the first half due to back order fulfillment and lost orders. Revenue for the full year rose by 4.5% and reported operating profit by 60.9%
RELX PLC REL is increasing its fully year dividend for 2017 by 10% after reporting another year of underlying growth in revenue, operating profit and earnings. Adjusted operating profit grew by 6%, underlying revenue by 4%, and adjusted earnings per share on a constant currency basis, by 7%. Further growth is forecast for 2018.
Earthport plc EPO updates that revenue rose by 8% for the 6 months to the 31st December but adjusted gross margins fell by 9% and administrative expenses rose by 7%. The adjusted EBITDA loss more or less doubled to £3.2m. Core services remain strong despite first half challenges and the new business pipeline is also strong but cash flow break even point is not expected to be reached until 2019.
Venn Life Sciences VENN Using the headwind from project deferrals in the first half of 2017as an excuse the board believes that the small fall in revenue from £18.2m to £17.8m, an improved EBITDA performance and a closing cash position down by nearly two thirds, reflects solid progress
Sanderson Group plc SND will report at todays AGM that following the acquisition of Anisa Group in November, total group revenues for the four months to the end of January are approximately one third ahead of the same period last year. On a like for like basis and excluding Anisa, Sanderson revenues are 5% ahead and operating profit some 10% ahead.