Numis Corporation (NUM)

Sector:

Financials

Index:

FTSE AIM 50

286.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 306.00p
  • 52 Week Low: 212.00p
  • Currency: UK Pounds
  • Shares Issued: 106.84m
  • Volume: 7,471
  • Market Cap: £306.09m

Numis profits slump amid 'difficult' markets

By Michele Maatouk

Date: Wednesday 04 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Stockbroker Numis reported slump in full-year profit on Wednesday amid "difficult" markets.
In the year to the end of September, pre-tax profit fell 60.7% to £12.4m on revenue of £111.6m down 18% from 2018. Earnings per share tumbled 64.9% to 8.8p and the full-year dividend was maintained at 12p a share.

Numis said a "difficult" market environment and political uncertainty persisted throughout the year, impacting revenues across the business.

Investment banking revenue declined 16.1% to £74.3m due to a "substantial" fall in UK deal activity. Within that, capital markets revenue was down 17.8% at £48.4m, while advisory revenue was 27.5% lower at £12.6m.

Revenue from the equities segment fell 21% to £37.3m, reflecting "weak" UK investor sentiment and lower trading profits.

Co-chief executive officers Alex Ham and Ross Mitchinson said: "It has without doubt been a challenging year for everyone in the industry and our results have inevitably been impacted by the persistent political uncertainty, macro-economic factors and subdued, yet volatile markets.

"We continue to be actively focused on our clients and believe we are better positioned than ever to continue winning market share, achieving progress against our strategic objectives, and returning to delivering strong growth as and when market conditions improve."

At 1130 GMT, the shares were up 1.7% at 241p.

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NUM Market Data

Currency UK Pounds
Share Price 286.50p
Change Today -0.50p
% Change -0.17 %
52 Week High 306.00p
52 Week Low 212.00p
Volume 7,471
Shares Issued 106.84m
Market Cap £306.09m

NUM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
32.63% above the market average32.63% above the market average32.63% above the market average32.63% above the market average32.63% above the market average
10.45% below the sector average10.45% below the sector average10.45% below the sector average10.45% below the sector average10.45% below the sector average
Price Trend
24.89% above the market average24.89% above the market average24.89% above the market average24.89% above the market average24.89% above the market average
31.51% above the sector average31.51% above the sector average31.51% above the sector average31.51% above the sector average31.51% above the sector average
Income
3.83% above the market average3.83% above the market average3.83% above the market average3.83% above the market average3.83% above the market average
13.58% below the sector average13.58% below the sector average13.58% below the sector average13.58% below the sector average13.58% below the sector average
Growth
99.12% below the market average99.12% below the market average99.12% below the market average99.12% below the market average99.12% below the market average
98.35% below the sector average98.35% below the sector average98.35% below the sector average98.35% below the sector average98.35% below the sector average

NUM Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Dec-19 16-May-19
Paid 07-Feb-20 21-Jun-19
Amount 6.50p 5.50p

Trades for 20-Jan-2020

Time Volume / Share Price
09:38 5,000 @ 287.48p
09:10 315 @ 286.50p
09:03 138 @ 287.48p
08:30 86 @ 293.00p
08:20 1,000 @ 293.00p

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