focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKier Share News (KIE)

Share Price Information for Kier (KIE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 145.80
Bid: 145.40
Ask: 146.40
Change: -1.00 (-0.68%)
Spread: 1.00 (0.688%)
Open: 150.00
High: 150.00
Low: 145.80
Prev. Close: 146.80
KIE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Annual profit increases for TClarke, STV and Somero

Wed, 09th Mar 2022 18:17

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

----------

TClarke PLC - London-based building services firm - For 2021, reports pretax profit at GBP7.8 million, surging from GBP1.2 million the year before, on revenue which grows 41% year-on-year to GBP327.1 million from GBP231.9 million, driven by a sharp growth from the company's Technologies segment on the offering of data centres amid sharp demand. Declares final dividend of 4.1 pence per share, bringing total payout to 4.85p, up 10% from 4.4p. Looking ahead, forward order book stands at record level of GBP534 million, up from GBP456 million. Order book is expected to translate into record revenue.

----------

Somero Enterprises Inc - Fort Myers, Florida-based concrete levelling equipment company - For 2021, pretax profit rises 81% to USD44.6 million from USD24.6 million the year before, on 51% growth in revenue year-on-year to a record USD133.3 million from USD88.6 million. This was due to growth in from all regions, with North America being the most significant contributor on strong residential construction activity in the US, and strong demand for new warehousing. Declares total ordinary dividend of USD0.31 per share, up 85% from USD0.16. Also declares supplementary payout of USD0.19. Looking ahead, expects 2022 to be a profitable year with healthy cash generation, and earnings before interest, tax, depreciation and amortisation to be comparable to 2021.

----------

Croma Security Solutions Group PLC - Hampshire, England-based security services provider - For the six months ended December 31, pretax profit rises 13% to GBP540,000 from GBP479,000 a year before, on revenue which grows 9.1% year-on-year to GBP17.9 million from GBP16.4 million, on continued demand demand for the company's security services. Declares no interim dividend, but company expects to declare final dividend. Looking ahead, trading in the second half has started well, and company expects to achieve a solid performance for the financial year.

----------

Oriole Resources PLC - London-based gold exploration company focused in Cameroon and Senegal - For 2021, Pretax loss widens to GBP1.6 million from GBP468,000 the year before, due to a revaluation of the Senala project to pound sterling from euros, leading to GBP571,000 in foreign exchange losses, as well as higher administrative costs.

----------

STV Group PLC - Glasgow-based television broadcaster - For 2021, pretax profit more than triples to GBP20.1 million from GBP6.7 million the year before, and is 10% above 2019 levels.This is on revenue which grows 35% year-on-year to GBP144.5 million from GBP107.1 million, and 17% above pre-virus levels. Revenue growth is due to continued momentum in Studios and a recovering advertising market. Declares final dividend of 7.3 pence per share, bringing the total payout to 11p, up 22% from 9.0p. Looking ahead, notes strongest ever content line-up in 2022 for TV and online, alongside strong advertising and revenue visibility. Also, STV announces an extended partnership with Tod Productions for a further three years, and has acquired a minority stake in Mighty Productions.

----------

ThinkSmart Ltd - Perth, Australia-based digital payments platform - For the six months ended December 31, swings to pretax loss of GBP51.6 million from profit of GBP53.7 million the same period a year before, due to a fair value loss on the valuation of a 10% stake in Clearpay, which was sold in exchange for 1.7 million Afterpay shares. Meanwhile, revenue declines 21% year-on-year to GBP1.9 million from GBP2.4 million. Looking ahead, company is well positioned to further benefit from further growth in the value of its interest in Block.

----------

Kier Group PLC - Sandy, Bedfordshire-based construction and infrastructure services - For the six months ended December 31, pretax profit rises 41% to GBP12.7 million from GBP9.0 million the same period a year before, despite a 5.4% decline in revenue to GBP1.48 billion from GBP1.62 billion due to procurement delays and project completion timing. The rise in profit meanwhile is due to management actions to reduce costs and increased property transactions. Order book stands at GBP8.0 billion.

----------

TT Electronics PLC - Woking, England-headquartered manufacturer of electronic components - For 2021, pretax profit hikes to GBP16.0 million from GBP2.9 million the year before, on revenue which grows 10% year-on-year GBP476.2 million from GBP431.8 million, and 14% on a constant currency basis, driven by a rebound in key market sales volumes. Declares final dividend of 3.8 pence per share, bringing the total payout of 5.6p, up 19% from 4.7p the prior year. Looking ahead, posts record order book into 2022, giving confidence of an annual performance in line with management expectations.

----------

JPMorgan Mid Cap Investment Trust PLC - investment firm - As at December 31, net asset value per share rises 22% year-on-year to 1,508.4 pence from 1,234.8p. For the six month period, net asset value total return is 5.5%, lagging behind its benchmark, the FTSE 250 index excluding investment trusts, which returned 5.7%.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
14 Apr 2021 09:53

Keller wins GBP95 million HS2 contract alongside Bauer Technologies

Keller wins GBP95 million HS2 contract alongside Bauer Technologies

Read more
16 Feb 2021 19:13

AB Foods Hires Dame Heather Rabbatts As Non-Executive Director

AB Foods Hires Dame Heather Rabbatts As Non-Executive Director

Read more
19 Jan 2021 11:06

Kier Group Eyes Equity Raise; First Half Ahead Of Expectations

Kier Group Eyes Equity Raise; First Half Ahead Of Expectations

Read more
19 Jan 2021 10:40

LONDON SMALL-CAP WINNERS & LOSERS: Lockdown Hits Superdry's Results

LONDON SMALL-CAP WINNERS & LOSERS: Lockdown Hits Superdry's Results

Read more
12 Jan 2021 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
10 Dec 2020 15:54

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
17 Sep 2020 14:03

IN BRIEF: Kier Group Annual Pretax Loss Narrows Despite Revenue Slump

IN BRIEF: Kier Group Annual Pretax Loss Narrows Despite Revenue Slump

Read more
17 Sep 2020 09:56

Kier trading in line after Covid-19 hits results

(Sharecast News) - Kier Group said it was trading in line with expectations after Covid-19 hit the construction and infrastructure services company's annual results.

Read more
7 Sep 2020 18:46

IN BRIEF: Kier Strengthens Board With AWE CEO Alison Atkinson

IN BRIEF: Kier Strengthens Board With AWE CEO Alison Atkinson

Read more
14 Jul 2020 09:52

Grainger To Acquire Guildford Station Private Scheme For GBP37 Million

Grainger To Acquire Guildford Station Private Scheme For GBP37 Million

Read more
1 Jul 2020 14:44

IN BRIEF: Kier Confident On Outlook Despite Covid-19 Hit

IN BRIEF: Kier Confident On Outlook Despite Covid-19 Hit

Read more
1 Jul 2020 08:36

Kier ponders cash raising as Covid-19 hits revenues

(Sharecast News) - Infrastructure company Kier said it was considering a cash raising to shield its balance sheet from the impact of the coronavirus pandemic.

Read more
22 May 2020 15:48

UK EXECUTIVE CHANGE SUMMARY: ITV CEO Replaces Sky's On Burberry Board

UK EXECUTIVE CHANGE SUMMARY: ITV CEO Replaces Sky's On Burberry Board

Read more
20 Apr 2020 17:19

LIVE MARKETS-Closing snapshot: Somehow back up

* Stoxx turns positive* Q1 season kicks in Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreute...

Read more
20 Apr 2020 14:36

LIVE MARKETS-Winners and losers during coronavirus times, cash is king

* STOXX turned negative* Q1 season kicks in Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreut...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.