MS International (MSI)

Sector:

Engineering

Index:

FTSE AIM All-Share

179.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 224.00
  • 52 Week Low: 168.00
  • Currency: UK Pounds
  • Shares Issued: 16.75m
  • Volume: 4,146
  • Market Cap: £29.98m
  • RiskGrade: 166

MS International's profits jump following expansion overseas

By Duncan Ferris

Date: Thursday 06 Jun 2019

LONDON (ShareCast) - (Sharecast News) - MS International on Thursday reported that profits and sales jumped as defence revenues climbed after the company "significantly" expanded its presence within the global market.
The AIM traded company achieved a profit before tax of £4.8m for the year ended 27 April, an increase of 19% compared to the year before, after revenue increased by 14% to £77.7m.

Segmentally, defence revenue increased by 22% to £26.7m with the company saying that strong international sales in the segment represented the benefits of considerable investment in a substantial number of new products aimed specifically at the global market.

Meanwhile, forgings revenue climbed by 9% to £15.7m on the back of a strategic move to focus on US-based manufacturing, while petrol station superstructure revenue increased by 30% to £15.9m.

Petrol station branding was the lone segment to register a drop in revenue, with a 1% dip to £19.5m.

Cash and cash equivalents stood at £22.9m at the end of the year, up from £15.9m at the same point 12 months beforehand, while a final proposed dividend of 6.50p keeps the full dividend unchanged at 8.25p per share.

Executive chairman Michael Bell said he was "encouraged" by MS International's progress but warned that he believed the business is approaching "very interesting times", stating that external influences may come to bear on the company.

MS International's shares were down 2.28% at 214.00p at 1614 BST.

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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.

 

MSI Market Data

Currency UK Pounds
Share Price 179.00p
Change Today 1.00p
% Change 0.56 %
52 Week High 224.00
52 Week Low 168.00
Volume 4,146
Shares Issued 16.75m
Market Cap £29.98m
RiskGrade 166

MSI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.32% above the market average34.32% above the market average34.32% above the market average34.32% above the market average34.32% above the market average
31.58% above the sector average31.58% above the sector average31.58% above the sector average31.58% above the sector average31.58% above the sector average
Price Trend
38.08% below the market average38.08% below the market average38.08% below the market average38.08% below the market average38.08% below the market average
21.95% below the sector average21.95% below the sector average21.95% below the sector average21.95% below the sector average21.95% below the sector average
Income
52.41% above the market average52.41% above the market average52.41% above the market average52.41% above the market average52.41% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Growth
82.10% above the market average82.10% above the market average82.10% above the market average82.10% above the market average82.10% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average

MSI Dividends

  Latest Previous
  Final Interim
Ex-Div 20-Jun-19 13-Dec-18
Paid 25-Jul-19 04-Jan-19
Amount 6.50p 1.75p

Trades for 22-Oct-2019

Time Volume / Share Price
14:43 500 @ 170.00p
14:42 2,646 @ 188.00p
14:00 1,000 @ 185.82p

MSI Key Personnel

Finance Director Michael O'Connell

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