Porvair (PRV)

Sector:

Energy Producers

Index:

FTSE Small Cap

720.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 786.00
  • 52 Week Low: 480.00
  • Currency: UK Pounds
  • Shares Issued: 46.04m
  • Volume: 8,601
  • Market Cap: £331.47m
  • RiskGrade: 227

Porvair posts positive growth in first six months

By Josh White

Date: Monday 24 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Specialist filtration and environmental technology company Porvair announced a 21% improvement in revenue in its half-year results on Monday, to £72m, or 17% on a constant currency basis.
The London-listed firm said its operating profit was ahead 39% at £7.8m in the six months ended 31 May, with adjusted operating profit rising 38% to £8m.

Profit before tax rose 41% to £7.4m year-on-year.

Porvair said its adjusted basic earnings per share were 36% higher at 12.9p, while basic earnings per share rose to 12.4p from 10.7p a year earlier.

Net cash stood at £3.2m at period end, up from £2.2m 12 months prior, with £2.8mbeing invested in acquisitions and capital expenditure during the period, down from £7m.

The board declared a 6% increase in the interim dividend to 1.7p per share.

"Porvair has started 2019 strongly, with demand in aerospace and industrial markets more than offsetting the effects of global trade disturbances seen in some of our smaller product lines," said chief executive officer Ben Stocks.

"The group's new product pipeline is promising and investment in more capacity has continued.

"Order books for the second half are robust and prospects are encouraging."

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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.

 

Porvair Market Data

Currency UK Pounds
Share Price 720.00p
Change Today 10.00p
% Change 1.41 %
52 Week High 786.00
52 Week Low 480.00
Volume 8,601
Shares Issued 46.04m
Market Cap £331.47m
RiskGrade 227

Porvair Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.95% below the market average96.95% below the market average96.95% below the market average96.95% below the market average96.95% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
80.55% above the market average80.55% above the market average80.55% above the market average80.55% above the market average80.55% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income
88.92% below the market average88.92% below the market average88.92% below the market average88.92% below the market average88.92% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Porvair Dividends

  Latest Previous
  Final Interim
Ex-Div 30-Apr-20 25-Jul-19
Paid 05-Jun-20 30-Aug-19
Amount 3.20p 1.70p

Trades for 19-Feb-2020

Time Volume / Share Price
16:43 2 @ 720.00p
16:35 2 @ 720.00p
16:25 19 @ 724.00p
16:01 49 @ 738.00p
15:59 115 @ 722.96p

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