Scapa Group (SCPA)

Sector:

Industrial Chemicals

Index:

FTSE AIM 50

230.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 434.60
  • 52 Week Low: 157.00
  • Currency: UK Pounds
  • Shares Issued: 155.24m
  • Volume: 93,392
  • Market Cap: £357.83m
  • RiskGrade: 301
  • Beta: 0.95

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Scapa sticks to expectations as revenues dip

By Duncan Ferris

Date: Wednesday 10 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Shares in Scapa Group fell on Wednesday after the company reported a 3.4% drop in first-half revenues due to adverse currency movements during the previous period.
Despite the revenue drop for the six months ended 30 September, the adhesive tape manufacturer said that it had managed to achieve margin growth and an increase in profit before exceptional items, amortisation of intangible assets and legacy pension costs and finance charges.

Healthcare revenue grew by 0.2% and the AIM traded company said it expected new programs to start to benefit revenues further in the second half of the year.

Scapa also closed its manufacturing facility in Liverpool, New York, during the period and reported that the integration of Connecticut-based medical supplier Markel Industries, which was acquired in August, was nearly complete.

"We remain confident of strong progress for the year and we anticipate the profit for the year will be in line with expectations, excluding the impact of the recently announced Gargrave healthcare transaction," said a statement from Scapa.

Scapa acquired wound dressing manufacturer Systagenix for £31m in September, along with its manufacturing operations, sterilisation services, warehouse facilities and R&D and regulatory support functions in Gargrave, UK, from medical device company Acelity.

Scapa Group's shares were down 4.77% at 403.60p at 1250 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.

 

Scapa Group Market Data

Currency UK Pounds
Share Price 230.50p
Change Today -2.50p
% Change -1.07 %
52 Week High 434.60
52 Week Low 157.00
Volume 93,392
Shares Issued 155.24m
Market Cap £357.83m
Beta 0.95
RiskGrade 301

Scapa Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.77% below the market average78.77% below the market average78.77% below the market average78.77% below the market average78.77% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
79.06% below the market average79.06% below the market average79.06% below the market average79.06% below the market average79.06% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Income
79.92% below the market average79.92% below the market average79.92% below the market average79.92% below the market average79.92% below 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
Growth
23.64% below the market average23.64% below the market average23.64% below the market average23.64% below the market average23.64% below 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

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Scapa Group Dividends

  Latest Previous
  Final Final
Ex-Div 25-Jul-19 19-Jul-18
Paid 23-Aug-19 17-Aug-18
Amount 2.90p 2.40p

Trades for 18-Nov-2019

Time Volume / Share Price
14:41 46 @ 230.50p
14:40 2,151 @ 229.85p
14:30 196 @ 230.00p
14:30 153 @ 230.50p
14:23 180 @ 230.00p

Scapa Group Key Personnel

CEO Heejae Chae
CFO Oskar Zahn

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