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Share Price Information for Empiric (ESP)

London Stock Exchange
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Share Price: 93.50
Bid: 92.70
Ask: 93.10
Change: 1.00 (1.08%)
Spread: 0.40 (0.431%)
Open: 94.40
High: 94.40
Low: 92.50
Prev. Close: 92.50
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SMALL-CAP WINNERS & LOSERS: Capital & Regional rises on resumed payout

Thu, 11th Aug 2022 10:33

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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Capital & Regional PLC, up 12% at 10.98 pence, 12-month range 54.00p-71.60p. The retail property investor restores its dividend after a swung to an interim profit on the back of strong leasing and robust rent collection. Capital & Regional returned to profitability, swinging to a pretax profit of GBP18.9 million for six months ended June 30 from a loss of GBP29.5 million in the same period last year. Revenue rose by 3.6% to GBP28.4 million from GBP27.4 million as rent collection was back in line with pre-Covid levels. Total dividend of 2.5 pence was declared, having skipped it in the prior year.

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Videndum PLC, up 7.2% at 1,483.82p, 12-month range 1,040.00p-1,665.00p. The content creation software provider posts improved interim profit on the back of strong market demand, despite component shortages and lockdowns in China. Videndum reported a pretax profit of GBP16.4 million in the six months ended June 30, up 8.6% from GBP15.1 million the previous year. Revenue jumped 23% to a record GBP223.6 million from GBP181.4 million a year prior. Videndum says it has a record order book heading into the second half of 2022.

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Empiric Student Property PLC, up 2.1% at 97.90p, 12-month range 80.10p-103.80p. The student accommodation provider posts significant rise in half-year profit and revenue as strong student demand drives increased occupancy rates for the upcoming academic year. For the six months ended June 30, pretax profit multiplied to GBP70.3 million from GBP7.0 million a year ago, due to the reduced impact of Covid on the academic year, increased rents and strong student demand. Revenue increased 37% to GBP35.6 million from GBP25.9 million a year prior. Looking ahead, the company expects to deliver revenue occupancy at the upper end of its guidance, between 90% and 95% for the upcoming academic year.

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SMALL-CAP - LOSERS

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Ocean Wilsons Holdings Ltd, down 2.3% at 875.00p, 12-month range 830.00p-1,075.00p. The Bermudian investment company says it swung to an interim loss in the first half of 2022 due to a decline in its investment portfolio amid global supply chain challenges. Ocean Wilsons swung to a loss of USD9.7 million in the six months ended June 30, from a profit of USD66.2 million the previous year. Ocean Wilsons said this swing was primarily due to its negative return on its investment portfolio as well as increased finance costs.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
21 Aug 2018 09:23

Empiric Student Property Profit And Net Asset Value Rises In Interim

LONDON (Alliance News) - Empiric Student Property PLC said on Tuesday it saw a rise in profit and net asset value in the first six months of 2018, as its portfolio valuation grew.For the to

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26 Jul 2018 10:42

Ex-Barratt Finance Chief Mark Pain Joins Empiric Student As Chairman

LONDON (Alliance News) - Empiric Student Property PLC said Thursday it has appointed former Barratt Developments PLC Finance Director Mark Pain as its non-executive chairman.Pain will join

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5 Jul 2018 12:21

CORRECT: Empiric Student Property On Track As Interim Bookings Improve

(Correcting that Chief Financial Officer Lynne Fennah will take on the additional role of chief operating officer)LONDON (Alliance News) - Empiric Student Property PLC said Thursday that it

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5 Jul 2018 10:02

Empiric On Track As Interim Bookings Improve, Appoints Permanent CFO

LONDON (Alliance News) - Empiric Student Property PLC on Thursday appointed a permanent finance & operations head and said it is on track to meet targets set for financial 2018.The said

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21 Mar 2018 09:40

Empiric Student Property Net Asset Value Dips Despite Portfolio Growth

LONDON (Alliance News) - Empiric Student Property PLC said on Wednesday that its net asset value fell slightly despite a rise in the value of its portfolio during student its

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21 Mar 2018 07:47

UPDATE 1-UK Stocks-Factors to watch on March 21

March 21 (Reuters) - Britain's FTSE 100 index is seen opening up 13 points on Wednesday, according to financial bookmakers, with futures 0.26 pct higher ahead of the cash

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21 Mar 2018 05:08

UK Stocks-Factors to watch on March 21

March 21 (Reuters) - Britain's FTSE 100 index is seen opening up 13 points on Wednesday, according to financial bookmakers. * CAMBRIDGE ANALYTICA: The a

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15 Mar 2018 10:19

Chair Of Empiric Student Property And Residential Secure Income Dies

LONDON (Alliance News) - Residential Secure Income PLC and Empiric Student Property PLC on Thursday announced the death on Tuesday of Brenda Dean, who chaired both real estate

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14 Mar 2018 16:20

UK Earnings, Trading Statements Calendar - Next 7 Days

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19 Jan 2017 18:24

DIRECTOR DEALINGS: Empiric Student Property Director Sells Shares

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14 Dec 2016 12:26

Empiric Student Property secures £40m debt extension

(ShareCast News) - Student accommodation owner and operator Empiric Student Property announced the agreement of a new £40m extension facility to its existing £80m fixed rate term loan facility arranged by Barings Real Estate Advisers, a member of the MassMutual Financial Group, on Wednesday. The com

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14 Dec 2016 07:42

Empiric Student Property Gets GBP40 Million Extension To Loan Facility

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10 Aug 2016 15:07

UK Dividends Calendar - Next 7 Days

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18 Jul 2016 11:14

Empiric Student buys new Bath property, agrees new facility

(ShareCast News) - Student accommodation owner and operator Empiric Student Property announced on Monday that it has acquired the freehold of a 31-bed student accommodation property in Bath for £2.6m excluding costs. The London-listed firm said 2 Oolite Road is a newly-constructed student accommodat

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