Altitude Group (ALT)

Sector:

Media

Index:

FTSE AIM All-Share

 48.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 117.50
  • 52 Week Low: 44.00
  • Currency: UK Pounds
  • Shares Issued: 68.84m
  • Volume: 19,594
  • Market Cap: £33.04m
  • RiskGrade: 572

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 48.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 117.50
52 Week Low 44.00
Volume 19,594
Shares Issued 68.84m
Market Cap £33.04m
RiskGrade 572

Altitude Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.41% below the market average79.41% below the market average79.41% below the market average79.41% below the market average79.41% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
57.62% below the market average57.62% below the market average57.62% below the market average57.62% below the market average57.62% below the market average
48.48% below the sector average48.48% below the sector average48.48% below the sector average48.48% below the sector average48.48% below the sector average
Income Not Available
Growth
57.06% above the market average57.06% above the market average57.06% above the market average57.06% above the market average57.06% above the market average
61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average

Altitude Group Dividends

No dividends found

Trades for 23-Oct-2019

Time Volume / Share Price
10:11 2,700 @ 46.82p
09:58 14,869 @ 46.82p
08:01 2,025 @ 48.73p

Altitude Group Key Personnel

CFO Graeme Couturier
COO Deborah Wilkinson

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