NMCN (NMCN)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

 540.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 785.00
  • 52 Week Low: 410.00
  • Currency: UK Pounds
  • Shares Issued: 10.40m
  • Volume: 912
  • Market Cap: £56.14m
  • Beta: 0.00

North Midland Construction makes profit despite slow start to year

By Philip Waller

Date: Monday 19 May 2014

LONDON (ShareCast) - North Midland Construction (NMC) said a recovery in the building industry helped it to move back into the black despite a lacklustre start to the first quarter.

NMC said first quarter pre-tax profit was £234,000 against a loss of £105,000 a year earlier as prospects for the construction industry in general started to improve.

The first quarter started slowly, particularly in the company's highways & utilities division, and overall group revenue for the period declined 1.5% to £44.5m against a year ago.

Secured workload expected to be completed this year is about £160m against £140m last time, based on firm orders placed under framework contracts, but those orders are set to rise.

The group's water business traded strongly and its restructured building and civil engineering division did much better on lower volumes, although resolution of two problematic contracts that caused a loss last year remain outstanding.

"The board is cautiously optimistic that the improved performance can be maintained," NMC said in a trading update.

Shares rose 3p or 2.5% to 124.5p at 11:27 in London.

PW

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.

 

NMCN Market Data

Currency UK Pounds
Share Price 540.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 785.00
52 Week Low 410.00
Volume 912
Shares Issued 10.40m
Market Cap £56.14m
Beta 0.00

NMCN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.93% above the market average65.93% above the market average65.93% above the market average65.93% above the market average65.93% above the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Price Trend
37.20% above the market average37.20% above the market average37.20% above the market average37.20% above the market average37.20% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
48.73% above the market average48.73% above the market average48.73% above the market average48.73% above the market average48.73% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
67.24% above the market average67.24% above the market average67.24% above the market average67.24% above the market average67.24% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average

NMCN Dividends

  Latest Previous
  Interim Final
Ex-Div 15-Aug-19 02-May-19
Paid 13-Sep-19 24-May-19
Amount 9.00p 12.00p

Trades for 20-Sep-2019

Time Volume / Share Price
09:44 912 @ 548.00p

NMCN Key Personnel

Finance Director Daniel Adam Taylor
CEO John Homer

Top of Page