Morning Brief – 2-Sep-2019

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Morning Brief Images 2-Sep-2019

UK Stock Market News Today – 2-Sep-2019

Morning all!

CentralNic (CNIC) – 54p – £98m – PER 11.7

Interim Results For The 6 Months To End June 2019 – Revenue up 225%, Gross Profit up 127%, FY to be at the top end of forecasts.

This looks quite interesting, hopefully will see updated Broker notes soon.

Maintel Holdings (MAI) – 440p – £63m – PER 5.5

Interim Results For The 6 Months To End June 2019 – Revenue down -3%, Adjusted EPS up 16%, Net Debt down slightly from £25.5m to £24.2m, Dividend up 0.1p from 15p to 15.1p. Expects FY EBITDA to be higher than next year.

This looks like a Profit Warning on the basis PBT and EPS were forecast to be up 20% or so (Net Debt still quite high!).

As always, all comment most welcome!

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