Henry Boot (BOOT)

Sector:

Real Estate

Index:

FTSE Small Cap

221.00p
   
  • Change Today:
    -7.00p
  • 52 Week High: 342.00
  • 52 Week Low: 185.00
  • Currency: UK Pounds
  • Shares Issued: 133.17m
  • Volume: 23,874
  • Market Cap: £294.31m
  • RiskGrade: 118

Deal with Barclays    Trade now with Barclays Stockbrokers

Henry Boot appoints first non-family boss as pretax profits rise

By Victoria Young

Date: Friday 28 Aug 2015

LONDON (ShareCast) - (ShareCast News) - Property developer Henry Boot appointed its first non-family member to chief executive amid a raft of management changes.
Current group finance director John Sutcliffe has moved into the top job, to replace Jamie Boot at the end of the year.

Henry Boot said Jamie Boot would replace chairman John Brown who intended to retire after nine years' service.

Sutcliffe, who was finance director for nine years, would be replaced by current group financial controller Darren Littlewood.

Three independent directors; Joanne Lake, Peter Mawson and Gerald Jennings would be brought in from October to help with the handover period.

The management shake-up followed the developer posting its first half results in line with expectations.

First half pre-tax profit was up by 4.5% to £14m from £13.4m, off revenues up 20% to £79.2m from £65.8m.

Revenues were lifted by higher land sales, and increased construction and plant hire, Henry Boot said.

Earnings per share were up to 7.8p up from 7.4p.

Chairman John Brown said the firm's portfolio was delivering profitability in line with appraisal forecasts.

"The economic conditions across all our trading segments are good and our trading performance in these conditions gives great confidence for the year," Brown said.

Investec held a 'buy' rating and price target and raised its price target to 292p from 282p.

Analysts at the bank said all divisions were performing well, supported by favourable market conditions.

WH Ireland also reiterated a 'buy' rating and said the business was "well balanced".

Email this article to a friend

or share it with one of these popular networks:


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.

 

Henry Boot Market Data

Currency UK Pounds
Share Price 221.00p
Change Today -7.00p
% Change -3.07 %
52 Week High 342.00
52 Week Low 185.00
Volume 23,874
Shares Issued 133.17m
Market Cap £294.31m
RiskGrade 118

Henry Boot Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.47% above the market average40.47% above the market average40.47% above the market average40.47% above the market average40.47% above the market average
30.91% above the sector average30.91% above the sector average30.91% above the sector average30.91% above the sector average30.91% above the sector average
Price Trend
1.66% above the market average1.66% above the market average1.66% above the market average1.66% above the market average1.66% above the market average
21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average21.43% above the sector average
Income
62.27% above the market average62.27% above the market average62.27% above the market average62.27% above the market average62.27% above the market average
48.84% above the sector average48.84% above the sector average48.84% above the sector average48.84% above the sector average48.84% above the sector average
Growth
52.79% below the market average52.79% below the market average52.79% below the market average52.79% below the market average52.79% below the market average
20.75% below the sector average20.75% below the sector average20.75% below the sector average20.75% below the sector average20.75% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Henry Boot Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Jun-20 19-Sep-19
Paid 06-Jul-20 18-Oct-19
Amount 1.30p 3.70p

Trades for 22-May-2020

Time Volume / Share Price
16:35 633 @ 221.00p
16:29 180 @ 232.00p
16:29 7 @ 232.00p
16:29 15 @ 232.00p
16:12 458 @ 222.00p

Henry Boot Key Personnel

Chair Edward Jamie Boot
CEO Timothy Andrew Roberts

Top of Page