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Pin to quick picksTiton Share News (TON)

Share Price Information for Titon (TON)

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Share Price: 85.00
Bid: 80.00
Ask: 90.00
Change: 0.00 (0.00%)
Spread: 10.00 (12.50%)
Open: 85.00
High: 85.00
Low: 85.00
Prev. Close: 85.00
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IN BRIEF: Titon Slashes Annual Payout As Virus Almost Wipes Out Profit

Thu, 14th Jan 2021 14:34

Titon Holdings PLC - Colchester, Essex-based ventilation systems and window & door hardware supplier - Revenue in year ended September 30 falls 24% to GBP20.7 million from GBP27.2 million. Pretax profit down 99% at GBP18,000 from GBP2.0 million. "The trading results have been significantly affected by the COVID-19 pandemic and lower business levels in South Korea," Titon says. Annual payout slashed by 58% to 2.0 pence per share from 4.75p.

Current stock price: 107.60 pence

Year-to-date change: up 20%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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