The provider of services to the Housing and Care sectors in the UK.
20-Mar-2018 – 365p – £378.0m – PER 10.3
Final Results For The 12 Months To End December 2017 – Don’t like the look of this, Revenue, PBT, EPS and the Order book all down on last year, circa 10% or so. Net Debt doubled (£25.8m).
Grenfell impact still being felt and still considered an unknown. I am staying away from this one for now.
14-Aug-2018 – 355p – £357.5m – PER 9.92
Results For The 6 Months To End June 2018 – A solid performance (in-line) with Revenue down -8%! Statutory PBT is +1% and EPS +6%, the Interim Dividend is up 3%. Confident of delivering against FY expectations.
I still can’t get away from Neutral here and I think Stockopedia has it about right – Classifying it as an “Adventurous, Mid Cap, Contrarian” stock.
15-Jan-2019 – 345p – £381m – PER 9.5
Trading Update For The 12 Months To End December 2018 – In-line, expect further progress in 2019 and into 2020.
Will keep an eye out for improvements here as 2019 progresses into what seems could be a more exciting 2020.
19-Mar-2019 – 290p – £320m – PER 8
Results For The 12 Months To End December 2018 – Revenue down -3.4%, Underlying PBT up 3.8%, EPS up 3.6% with the Dividend up 3.3%.
As I mentioned previously – Will keep an eye out for improvements here as 2019 progresses into what seems could be a more exciting 2020.
13-Aug-2019 – 271p – £299m – PER 8
Interim Results For The 6 Months To End June 2019 – In-line.
As I mentioned previously – Will keep an eye out for improvements here as 2019 progresses into what seems could be a more exciting 2020. Latest Broker note this morning indicates negative EPS growth (-2%) forecast for next year with an increase of 19% the year after.
