Cello Health (CLL)

Sector:

Health Care

Index:

FTSE AIM All-Share

138.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 148.00
  • 52 Week Low: 102.50
  • Currency: UK Pounds
  • Shares Issued: 106.23m
  • Volume: 16,052
  • Market Cap: £146.60m
  • RiskGrade: 137

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 138.00p
Change Today 0.50p
% Change 0.36 %
52 Week High 148.00
52 Week Low 102.50
Volume 16,052
Shares Issued 106.23m
Market Cap £146.60m
RiskGrade 137

Cello Health Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.48% below the market average67.48% below the market average67.48% below the market average67.48% below the market average67.48% below 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
Price Trend
62.44% above the market average62.44% above the market average62.44% above the market average62.44% above the market average62.44% above the market average
30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average
Income
2.02% above the market average2.02% above the market average2.02% above the market average2.02% above the market average2.02% 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
30.49% below the market average30.49% below the market average30.49% below the market average30.49% below the market average30.49% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
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
  Interim Final
Ex-Div 03-Oct-19 25-Apr-19
Paid 01-Nov-19 24-May-19
Amount 1.15p 2.75p

Trades for 17-Jan-2020

Time Volume / Share Price
14:27 617 @ 137.66p
14:11 82 @ 137.66p
11:55 5,000 @ 139.92p
10:29 40,000 @ 137.50p
11:09 1,850 @ 139.90p

Cello Health Key Personnel

CEO Mark Scott

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