Henry Boot (BOOT)

Sector:

Real Estate

Index:

FTSE Small Cap

253.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 342.00p
  • 52 Week Low: 185.00p
  • Currency: UK Pounds
  • Shares Issued: 133.17m
  • Volume: 48,065
  • Market Cap: £336.93m
  • RiskGrade: 118

Henry Boot profit rises, hikes interim dividend

By Michele Maatouk

Date: Friday 25 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Land and property investor and construction company Henry Boot reported an 8.7% jump in first-half profit on Friday as it hiked its dividend amid ongoing high levels of demand for land and housing in the UK.
In the six months to 30 June, pre-tax profit rose to £22.6m from £20.8m in the same period a year ago, with operating profit up 8.1% to £22.8m and earnings per share of 13.1p versus 11.9p in 2016.

Revenue for the period was up 82% to £195.4m, driven by higher levels of activity across all segments of the business, and the company lifted its interim dividend by 12% to 2.80p per share.

Chief executive John Sutcliffe said: "We are pleased to report another good performance in the first half against a strong comparative result in 2016, with further operational progress delivered across the group.

"This momentum has continued into the second half of the year and we are seeing high levels of activity across our operations. Whilst we remain mindful of a continued degree of economic and political uncertainty, sentiment amongst our customers and clients remains positive and we have a strong pipeline of profitable opportunities. The group continues to trade well and in line with the board's expectations for the full year."

The group concluded eight land sales in the period and has a further five sites exchanged for completion in the second half. It said that despite a more uncertain economic and political climate, it continues to see a high level of demand for land and housing in the UK, and is delivering its commercial development portfolio ahead of its expectations, in particular, at York and Aberdeen.

"We maintain a positive dialogue with our customers and have yet to see any direct impact from these external events," it said.

At 0815 BST, the shares were down 0.8% to 302.44p.

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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.

 

Henry Boot Market Data

Currency UK Pounds
Share Price 253.00p
Change Today 3.00p
% Change 1.20 %
52 Week High 342.00p
52 Week Low 185.00p
Volume 48,065
Shares Issued 133.17m
Market Cap £336.93m
RiskGrade 118

Henry Boot Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.33% above the market average73.33% above the market average73.33% above the market average73.33% above the market average73.33% above the market average
70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average70.91% above the sector average
Price Trend
32.47% above the market average32.47% above the market average32.47% above the market average32.47% above the market average32.47% above the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average
Income
66.57% above the market average66.57% above the market average66.57% above the market average66.57% above the market average66.57% above the market average
58.14% above the sector average58.14% above the sector average58.14% above the sector average58.14% above the sector average58.14% above the sector average
Growth
52.82% below the market average52.82% below the market average52.82% below the market average52.82% below the market average52.82% below the market average
14.81% below the sector average14.81% below the sector average14.81% below the sector average14.81% below the sector average14.81% 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 29-May-2020

Time Volume / Share Price
16:35 210 @ 253.00p
16:16 773 @ 251.40p
15:18 900 @ 250.00p
14:25 6,787 @ 248.00p
13:21 1,225 @ 251.00p

Henry Boot Key Personnel

Chair Edward Jamie Boot
CEO Timothy Andrew Roberts

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