A leading supplier of specialist information management solutions and services.
12-Dec-2017 – 56.13p – £229.2m – PER 11.1
Year End Update – The Company has identified a small number of revenue items that it does not consider should be recognised in the FY2017 results – Expects EBITDA for FY2017 to be circa £20m (compared to about £23m stated in November, and £21.5m in 2016).
A bit of a yo-yo share at the moment and something I will not be getting involved in for now.
19-Apr-2018 – 30.45p – £127.4m – PER 8.33
Trading Update For The 5 Months To End April 2018 – H1 expected to be well below the same period last year but confident of FY in-line with expectations – Yeah right!
I will not be getting involved here at present.
25-Jul-2018 – 35.8p – £148.5m – PER 11.0
Results For The 6 Months To End April 2018 – Bad results (consistent with the May 2018 Trading Update).
This is going on my Avoid list for now.
21-Feb-2019 – 30p – £124.6m – PER 8.8
Trading Update For The 12 Months To End October 2018 – Revenue down, and Profit/EPS flat/down depending on which figure you look at. The Dividend has been stopped.
Remains on my Avoid list for now.
22-Jul-2019 – 31p – £130m – PER 13.5
Interim Results For The 6 Months To End April 2019 – Revenue up 1% with losses down considerably.
Still no interest here for me at present. Based on the latest Broker note this morning, 2019E EPS is forecast as down -30%, so no near term growth here.