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

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Henry Boot revenue and earnings fall as it gears up for Brexit

By Josh White

Date: Friday 22 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Property investment, development and construction company Henry Boot reported revenue of £397.1m in its final results on Friday, which was down from £408.5m year-on-year.
The London-listed firm said its profit before tax in the year ended 31 December totalled £48.6m, falling from £55.4m in the prior year, while its earnings per share slipped to 28.3p from 32.1p.

Its board proposed a final dividend of 5.80p, up from 5.20p in 2017, which would give a total for the year of 9.00p - a 13% increase over 2017.

Net asset value per share increased 12% during the period to 227p, while net debt reduced to £18.4m from £29.0m, with the board reporting "conservative" gearing at 6%, compared to 11% a year earlier.

Its strategic land acreage now stood at 14,325 acres, rising from 13,273 acres.

"The key strategic ethos of Henry Boot is to create long term value and sustainable growth for our stakeholders by financially empowering and commercially developing our people," said chairman Jamie Boot.

"In 2018 we continued this journey as we delivered yet another strong financial performance, while replenishing the longer-term property development opportunities within the business."

Boot said the board expected 2019 to be a "challenging year", as the UK real estate sector adapted to the marketplace following Brexit.

"Nevertheless, I remain confident that we will achieve sector-leading results, despite the challenges we face, as we continue to build an extensive pipeline of opportunities in each of our businesses."

Chief executive officer John Sutcliffe added that the company was continuing to take a "long-term strategic approach" to land promotion and property development, while at the same time focusing on the delivery of the existing pipeline, which he said should enable the company to produce "good results" for the years ahead.

"2019 has started well throughout the group and will see us delivering significant schemes across the whole spectrum of our strategic land, property investment and development, house building and construction businesses," Sutcliffe added.

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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 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

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