600 Group (SIXH)

Sector:

Engineering

Index:

FTSE AIM All-Share

 9.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 21.60
  • 52 Week Low: 7.25
  • Currency: UK Pounds
  • Shares Issued: 117.47m
  • Volume: 0
  • Market Cap: £11.16m
  • RiskGrade: 209

600 Group trading in line despite global uncertainties

By Iain Gilbert

Date: Wednesday 25 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Industrial engineering firm 600 Group has continued to trade in line with expectations throughout the first half despite the majority of its markets remaining subject to current economic and political uncertainties.
600 Group said on Wednesday that Control Micro Systems, acquired towards the end of June, had integrated well with its existing laser activities as marketing functions were "significantly enhanced" through combination with the company's established sales and marketing platform.

"The acquisition of CMS is highly complementary to the group's existing laser business, adding significant engineering expertise as well as providing industry-leading positions in a range of high-growth sectors," it said.

Notwithstanding the uncertainty impacting customer sentiment across its markets, the AIM-listed group said work undertaken to eliminate its group UK pension scheme was completed in May, resulting in the return of a $5.2m surplus to the firm and the elimination of $270m-worth of liabilities.

600 Group also used the period to restructure operations in the UK, significantly de-risking the group, reducing capital expenditure requirements and improving its financial strength.

As of 0900 BST, 600 Group shares were up 2.11% at 18.12p.

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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.

 

600 Group Market Data

Currency UK Pounds
Share Price 9.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 21.60
52 Week Low 7.25
Volume 0
Shares Issued 117.47m
Market Cap £11.16m
RiskGrade 209

600 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.68% above the market average92.68% above the market average92.68% above the market average92.68% above the market average92.68% above the market average
94.74% above the sector average94.74% above the sector average94.74% above the sector average94.74% above the sector average94.74% above the sector average
Price Trend
65.41% below the market average65.41% below the market average65.41% below the market average65.41% below the market average65.41% below the market average
61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average
Income
90.67% above the market average90.67% above the market average90.67% above the market average90.67% above the market average90.67% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
72.82% above the market average72.82% above the market average72.82% above the market average72.82% above the market average72.82% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average

600 Group Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-19 29-Aug-19
Paid 10-Jan-20 30-Sep-19
Amount 0.25p 0.50p

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

600 Group Key Personnel

COO Terry Allison

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