Altitude Group (ALT)

Sector:

Media

Index:

FTSE AIM All-Share

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102.50p
   
  • Change Today:
      4.00p
  • 52 Week High: 117.50
  • 52 Week Low: 69.00
  • Currency: UK Pounds
  • Shares Issued: 68.79m
  • Volume: 98,841
  • Market Cap: £70.50m
  • RiskGrade: 224

Altitude trades in line, encouraged by US acquisition

By Iain Gilbert

Date: Wednesday 10 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Promotional products software provider Altitude Group traded in line with expectations during its last trading year, with trading also getting a boost in the new year thanks to its acquisition of AI Mastermind.
Altitude told investors on Wednesday that it was encouraged with the progress made since its acquisition of AI Mastermind, the largest promotional products distributor in the US, with integration going well.

The AIM-listed outfit said its team was focussed on driving revenue from, and delivering value to, both sides of the supply chain, increasing member order volumes and value to its supply partners.

The unit also successfully increased membership and generated revenues through enhanced marketing, technology and sales support with a particular focus on the supply chain.

Chief executive Nichole Stella said: "The company made substantial progress in 2018 and has developed further in the short period following the acquisition of AI Mastermind and its subsequent rapid, successful integration.

"We have made good initial progress and are encouraged that both members and supplier partners are recognising our enhanced, combined service."

As of 0910 BST, Altitude shares had descended 1.93% to 101p.

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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.

 

Altitude Group Market Data

Currency UK Pounds
Share Price 102.50p
Change Today 4.00p
% Change 4.06 %
52 Week High 117.50
52 Week Low 69.00
Volume 98,841
Shares Issued 68.79m
Market Cap £70.50m
RiskGrade 224

Altitude Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.96% below the market average51.96% below the market average51.96% below the market average51.96% below the market average51.96% below the market average
46.27% below the sector average46.27% below the sector average46.27% below the sector average46.27% below the sector average46.27% below the sector average
Price Trend
79.42% above the market average79.42% above the market average79.42% above the market average79.42% above the market average79.42% above the market average
62.32% above the sector average62.32% above the sector average62.32% above the sector average62.32% above the sector average62.32% above the sector average
Income Not Available
Growth
53.49% above the market average53.49% above the market average53.49% above the market average53.49% above the market average53.49% above the market average
75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average

Altitude Group Dividends

No dividends found

Trades for 18-Jul-2019

Time Volume / Share Price
17:08 1,500 @ 102.50p
15:59 10,000 @ 102.45p
15:23 49,140 @ 101.75p
15:57 7,500 @ 101.00p
15:57 20,000 @ 102.00p

Altitude Group Key Personnel

CFO Graeme Couturier
COO Deborah Wilkinson

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