Restore (RST)

Sector:

Support

Index:

FTSE AIM 100

493.50p
   
  • Change Today:
    -1.50p
  • 52 Week High: 556.00p
  • 52 Week Low: 262.00p
  • Currency: UK Pounds
  • Shares Issued: 124.90m
  • Volume: 62,488
  • Market Cap: £616.37m
  • RiskGrade: 1

Restore offloads ITP toner cartridge recycling business

By Josh White

Date: Tuesday 26 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Office services provider Restore has sold its toner cartridge recycling business ITP to Ink & Toner Recycling, it announced on Tuesday.
The AIM-traded firm said it would receive a 40% stake in Ink & Toner as consideration, and would be represented on Ink & Toner's board.

It said it would treat ITP Group, which generated revenues of approximately £4m and a small operating loss in the year ended 31 December, as a discontinued activity and account for it as a minority interest going forward.

"The sale of ITP enables us to focus on the core IT hardware lifecycle management activities within our Restore Technology business," said chief executive officer Charles Skinner.

"The combination of ITP and Ink & Toner creates an enlarged business that is better placed to grow and deliver increased value for Restore."

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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.

 

Restore Market Data

Currency UK Pounds
Share Price 493.50p
Change Today -1.50p
% Change -0.30 %
52 Week High 556.00p
52 Week Low 262.00p
Volume 62,488
Shares Issued 124.90m
Market Cap £616.37m
RiskGrade 1

Restore Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.04% below the market average85.04% below the market average85.04% below the market average85.04% below the market average85.04% below the market average
74.14% below the sector average74.14% below the sector average74.14% below the sector average74.14% below the sector average74.14% below the sector average
Price Trend
57.38% above the market average57.38% above the market average57.38% above the market average57.38% above the market average57.38% above the market average
49.59% above the sector average49.59% above the sector average49.59% above the sector average49.59% above the sector average49.59% above the sector average
Income
71.89% below the market average71.89% below the market average71.89% below the market average71.89% below the market average71.89% below the market average
66.27% below the sector average66.27% below the sector average66.27% below the sector average66.27% below the sector average66.27% below the sector average
Growth
83.13% above the market average83.13% above the market average83.13% above the market average83.13% above the market average83.13% above the market average
91.23% above the sector average91.23% above the sector average91.23% above the sector average91.23% above the sector average91.23% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Restore Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-19 06-Jun-19
Paid 09-Nov-19 12-Jul-19
Amount 2.40p 4.00p

Trades for 29-Jan-2020

Time Volume / Share Price
16:43 22,993 @ 490.00p
16:27 1,000 @ 493.00p
16:14 590 @ 493.00p
15:56 270 @ 490.42p
15:48 14 @ 490.42p

Restore Key Personnel

CEO Charles Bligh

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