Scapa Group (SCPA)

Sector:

Industrial Chemicals

Index:

FTSE AIM 50

237.50p
   
  • Change Today:
      6.00p
  • 52 Week High: 430.00
  • 52 Week Low: 157.00
  • Currency: UK Pounds
  • Shares Issued: 155.24m
  • Volume: 338,246
  • Market Cap: £368.70m
  • RiskGrade: 297
  • Beta: 0.93

Scapa delivers record profits as revenues top ?300m

By Iain Gilbert

Date: Thursday 11 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Adhesives manufacturer Scapa reached a milestone of more than £300m in revenue and delivered record profits in its last trading year.
Scapa saw revenues increase 7% to £311.8m on a statutory basis, with the group now expecting full-year revenues, trading profits and margins to all be in line with market expectations.

Healthcare revenues grew 22.1% for the year ended 31 March, driven by Scape's acquisitions of BioMed and Systagenix during the period.

Organic trading profit was projected to be flat year-on-year, reflecting improved margins as the group continues to drive its portfolio toward turnkey products.

In its industrial arm, Scapa saw revenues decline 4.6% due to adverse macro conditions, particularly in the automotive and European cable markets.

Adjusted net debt came to £43.7m after the acquisition of Systagenix's manufacturing facility for £34m and £2.9m in costs associated with one-off stock builds at its Dunstable and Knoxville sites.

Chief executive Heejae Chae said: "In industrial, we continue to focus on margin improvement and cash generation to support future growth.

"In healthcare, the technology transfer of Systagenix's R&D and manufacturing capabilities from a strategic partner and customer was a transformative transaction. It has enhanced the foundations of our Healthcare strategy and provides the capabilities to deliver long-term sustainable growth as we continue to expand our offering across the complete value chain."

As of 0840 BST, Scapa shares had climbed 5.37% to 333.50p.

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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 237.50p
Change Today 6.00p
% Change 2.59 %
52 Week High 430.00
52 Week Low 157.00
Volume 338,246
Shares Issued 155.24m
Market Cap £368.70m
Beta 0.93
RiskGrade 297

Scapa Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.21% below the market average79.21% below the market average79.21% below the market average79.21% below the market average79.21% 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
Price Trend
79.44% below the market average79.44% below the market average79.44% below the market average79.44% below the market average79.44% 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
79.52% below the market average79.52% below the market average79.52% below the market average79.52% below the market average79.52% 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
23.84% below the market average23.84% below the market average23.84% below the market average23.84% below the market average23.84% 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 19-Nov-2019

Time Volume / Share Price
16:35 12,259 @ 237.50p
16:29 100 @ 237.00p
16:29 190 @ 237.00p
16:29 57 @ 238.00p
16:29 56 @ 238.00p

Scapa Group Key Personnel

CEO Heejae Chae
CFO Oskar Zahn

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