Cello Health (CLL)

Sector:

Health Care

Index:

FTSE AIM All-Share

123.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 139.50
  • 52 Week Low: 96.00
  • Currency: UK Pounds
  • Shares Issued: 104.77m
  • Volume: 49,693
  • Market Cap: £128.87m
  • RiskGrade: 96

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Cello says 2015 trading in line; new year has started well

By Michele Maatouk

Date: Wednesday 27 Jan 2016

LONDON (ShareCast) - (ShareCast News) - Health and consumer strategic marketing company Cello Group said trading in the year ended 31 December 2015 was good, with revenue and profit in line with market expectations.
The group said its health division maintained good like-for-like revenue growth and a competitive profit margin as it benefited from trading as a unified business under its global client-facing brand and good US growth.

Cello Health Insight, Cello Health Consulting and Cello Health Communications maintained strong like-for-like revenue growth with "very competitive" overall operating profit margin.

Cello Health Consumer, however, experienced a slower year, as revenue and profit slipped on the back of project deferrals.

Cello said good progress was made in developing the new biotech client base, to complement the core pharmaceutical revenue base of the business, on the West Coast of the US with key client wins during the year.

The company said net debt at year end was less than £5m, reflecting solid cash flow conversion for the period.

Cello said it has kicked off 2016 with good bookings momentum from the last quarter of 2015, expressing confidence over the year ahead.

Finally, it said negotiations were ongoing with HMRC regarding potential VAT on work for UK charities.

"The group and its advisers continue to believe that its current provision for VAT and associated expenses of £3.2m is appropriate. Whilst progress has been made with HMRC on this issue, it has as yet not been concluded. The provision made is before any client recovery of input VAT."

At 1224 GMT, Cello shares were up 0.4% to 80.80p.

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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.

 

Cello Health Market Data

Currency UK Pounds
Share Price 123.00p
Change Today 1.00p
% Change 0.82 %
52 Week High 139.50
52 Week Low 96.00
Volume 49,693
Shares Issued 104.77m
Market Cap £128.87m
RiskGrade 96

Cello Health Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.07% below the market average64.07% below the market average64.07% below the market average64.07% below the market average64.07% below the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Price Trend
0.35% above the market average0.35% above the market average0.35% above the market average0.35% above the market average0.35% above the market average
13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average
Income
15.54% above the market average15.54% above the market average15.54% above the market average15.54% above the market average15.54% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
32.1% below the market average32.1% below the market average32.1% below the market average32.1% below the market average32.1% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Cello Health Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-19 04-Oct-18
Paid 24-May-19 02-Nov-18
Amount 2.75p 1.10p

Trades for 13-Sep-2019

Time Volume / Share Price
17:08 5,000 @ 123.00p
12:46 663 @ 121.80p
11:03 12,500 @ 122.00p
10:57 12,500 @ 122.00p
09:42 2,500 @ 125.00p

Cello Health Key Personnel

CEO Mark Scott

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