Tyman (TYMN)

Sector:

Construction and Building Materials

Index:

FTSE Small Cap

182.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 291.00
  • 52 Week Low: 134.00
  • Currency: UK Pounds
  • Shares Issued: 196.23m
  • Volume: 2,217
  • Market Cap: £357.14m

Tyman reopens facilities in UK and Italy, sees revenues drop in April

By Iain Gilbert

Date: Wednesday 20 May 2020

LONDON (ShareCast) - (Sharecast News) - Engineered components supplier Tyman has reopened its facilities in Italy and the UK following recent changes in government guidance and amid a decline in revenues.
Tyman said its Italian sites re-opened in the middle of April and its UK operations progressively restarted in May. The group also noted sites in North America were still operating, with the exception of its two facilities in Juarez, Mexico.

As far as trading was concerned, Tyman said group revenues declined 12% in the four months ended 30 April, driven by a 39% drop in April alone, but said its performance was in line with expectations until Covid-19 lockdowns took their toll in mid-March.

The AIM-listed group also cautioned that given the ongoing levels of uncertainty at this time, it was still unable to resume guidance, which was withdrawn on 3 April.

Chief executive Jo Hallas said: "We are pleased to be carefully and safely reopening our operations in Italy and the UK, although this remains against a background of significantly lower demand globally.

"We believe that the actions we are taking, coupled with our inherent strengths, will allow us to emerge from the crisis in an even stronger position as the economy recovers."

As of 1000 BST, Tyman shares had dipped 0.24% to 169.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Tyman Market Data

Currency UK Pounds
Share Price 182.00p
Change Today 2.00p
% Change 1.11 %
52 Week High 291.00
52 Week Low 134.00
Volume 2,217
Shares Issued 196.23m
Market Cap £357.14m

Tyman Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.15% above the market average76.15% above the market average76.15% above the market average76.15% above the market average76.15% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average
Price Trend
54.84% below the market average54.84% below the market average54.84% below the market average54.84% below the market average54.84% below the market average
45% below the sector average45% below the sector average45% below the sector average45% below the sector average45% below the sector average
Income
15.33% below the market average15.33% below the market average15.33% below the market average15.33% below the market average15.33% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Growth
56.06% below the market average56.06% below the market average56.06% below the market average56.06% below the market average56.06% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

What The Brokers Say

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

Tyman Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Aug-19 18-Apr-19
Paid 06-Sep-19 24-May-19
Amount 3.85p 8.25p

Trades for 08-Jul-2020

Time Volume / Share Price
10:31 676 @ 182.00p
10:01 27 @ 184.00p
09:05 1,500 @ 181.36p
08:41 16,810 @ 181.50p
08:10 14 @ 184.80p

Tyman Key Personnel

CEO Jo Hallas
CFO Jason Ashton

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