Meggitt (MGGT)

Sector:

Defense and Aeronautics

Index:

FTSE 100

648.20p
   
  • Change Today:
      8.60p
  • 52 Week High: 660.00
  • 52 Week Low: 458.00
  • Currency: UK Pounds
  • Shares Issued: 777.49m
  • Volume: 1,407,365
  • Market Cap: £5,040m
  • RiskGrade: 103
  • Beta: 0.86

Dividend Data

  31-Dec-1831-Dec-1731-Dec-1631-Dec-1531-Dec-14
Interim Dividend5.30p5.05p4.80p4.60p4.25p
Final Dividend11.35p10.80p10.30p9.80p9.50p
Total Dividend16.65p15.85p15.10p14.40p13.75p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
Revenue 2,080.60 1,994.40 1,992.40 1,647.20 1,553.70
Operating Profit/(Loss) 256.60 272.70 233.70 236.60 236.20
Net Interest (40.50) (44.40) (38.20) (26.40) (27.30)
Profit Before Tax 216.10 228.30 195.50 210.20 208.90
Profit After Tax 179.00 292.80 171.20 182.10 177.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 179.00 292.80 171.20 182.10 177.00
Attributable to:          
Equity Holders of Parent Company 179.00 292.80 171.20 182.10 177.00
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 23.20p 37.80p 22.10p 23.20p 22.00p
Earnings per Share - Diluted 22.80p 37.10p 21.80p 22.90p 21.70p
Earnings per Share - Adjusted 34.20p 32.00p 34.80p 31.60p 32.40p
Continuing and Discontinued EPS          
Earnings per Share - Basic 23.20p 37.80p 22.10p 23.20p 22.00p
Earnings per Share - Diluted 22.80p 37.10p 21.80p 22.90p 21.70p
Earnings per Share - Adjusted 34.20p 32.00p 34.80p 31.60p 32.40p
           
Dividend per Share 16.65p 15.85p 15.10p 14.40p 13.75p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Assets          
Non-Current Assets          
Property, Plant & Equipment 404.00 406.20 336.90 288.80 251.10
Intangible Assets 2,645.70 2,617.00 3,780.30 3,291.50 2,804.90
Investment Properties n/a n/a n/a n/a n/a
Investments 12.90 13.60 14.80 11.40 n/a
Other Financial Assets 10.00 28.50 21.80 25.50 29.60
Other Non-Current Assets 674.20 627.60 74.30 62.50 94.30
  3,746.80 3,692.90 4,228.10 3,679.70 3,179.90
Current Assets          
Inventories 441.20 393.40 468.50 401.60 327.90
Trade & Other Receivables 413.60 389.70 438.90 351.40 331.80
Cash at Bank & in Hand 181.90 118.50 173.80 147.30 105.50
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 73.90 57.30 4.20 13.90 4.40
  1,110.60 958.90 1,085.40 914.20 769.60
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 4,857.40 4,651.80 5,313.50 4,593.90 3,949.50
           
Liabilities          
Current Liabilities          
Borrowings 26.30 88.30 175.80 4.10 59.00
Other Current Liabilities 591.70 585.00 584.40 489.60 449.70
  618.00 673.30 760.20 493.70 508.70
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 1,229.70 1,091.00 1,177.10 1,194.40 622.00
Provisions 245.60 224.70 454.40 424.90 351.40
Other Non-Current Liabilities 271.70 351.30 465.40 302.40 326.60
  1,747.00 1,667.00 2,096.90 1,921.70 1,300.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 2,365.00 2,340.30 2,857.10 2,415.40 1,808.70
           
Net Assets 2,492.40 2,311.50 2,456.40 2,178.50 2,140.80
           
Capital & Reserves          
Share Capital 38.80 38.80 38.80 38.80 40.10
Share Premium Account 1,223.90 1,222.20 1,219.80 1,218.90 1,218.90
Other Reserves 509.50 415.80 567.20 258.90 173.50
Retained Earnings 720.20 634.70 630.60 661.90 708.30
Shareholders Funds 2,492.40 2,311.50 2,456.40 2,178.50 2,140.80
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 2,492.40 2,311.50 2,456.40 2,178.50 2,140.80
Cash Flow 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Net Cash Flow From Operating Activities 295.30 337.90 321.80 375.40 312.20
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (96.00) (80.10) (130.90) (539.60) (194.50)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (142.40) (308.30) (185.70) 203.90 (131.00)
Net Increase/Decrease In Cash 56.90 (50.50) 5.20 39.70 (13.30)
Ratios - based on IFRS 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15 31-Dec-14
Continuing Operations          
PE Ratio - Adjusted 13.8 15.1 13.2 11.9 16.0
PEG - Adjusted 2.0 n/a 1.3 n/a n/a
Earnings per Share Growth - Adjusted 7% -8% 10% -2% -14%
Dividend Cover 2.05 2.02 2.30 2.19 2.36
Revenue per Share 267.60p 256.52p 257.18p 209.73p 193.22p
Pre-Tax Profit per Share 27.79p 29.36p 25.24p 26.76p 25.98p
Operating Margin 12.33% 13.67% 11.73% 14.36% 15.20%
Return on Capital Employed 19.03% 24.82% 48.35% 46.36% 64.13%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 13.8 15.1 13.2 11.9 16.0
PEG - Adjusted 2.0 n/a 1.3 n/a n/a
Earnings per Share Growth - Adjusted 7% -8% 10% -2% -14%
Dividend Cover 2.05 2.02 2.30 2.19 2.36
           
Dividend Yield 3.5% 3.3% 3.3% 3.8% 2.6%
Dividend per Share Growth 5.05% 4.97% 4.86% 4.73% 7.84%
Operating Cash Flow per Share 37.98p 43.46p 41.54p 47.80p 38.83p
Cash Incr/Decr per Share 7.32p (6.50p) 0.67p 5.05p (1.65p)
Net Asset Value per Share (exc. Intangibles) (19.72p) (39.29p) (170.89p) (141.71p) (82.59p)
Net Gearing 43.10% 45.89% 48.00% 48.25% 26.88%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page