NMCN (NMCN)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

 590.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 785.00p
  • 52 Week Low: 486.00p
  • Currency: UK Pounds
  • Shares Issued: 10.40m
  • Volume: 100
  • Market Cap: £61.34m
  • Beta: 0.13

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

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NMCN Market Data

Currency UK Pounds
Share Price 590.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 785.00p
52 Week Low 486.00p
Volume 100
Shares Issued 10.40m
Market Cap £61.34m
Beta 0.13

NMCN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.43% above the market average61.43% above the market average61.43% above the market average61.43% above the market average61.43% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Price Trend
38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Income
44.20% above the market average44.20% above the market average44.20% above the market average44.20% above the market average44.20% above the market average
22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average
Growth
68.94% above the market average68.94% above the market average68.94% above the market average68.94% above the market average68.94% 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 11-Dec-2019

Time Volume / Share Price
14:36 100 @ 570.00p

NMCN Key Personnel

Finance Director Daniel Adam Taylor
CEO John Homer

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