Zytronic (ZYT)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 175.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 380.00
  • 52 Week Low: 167.50
  • Currency: UK Pounds
  • Shares Issued: 16.04m
  • Volume: 15,462
  • Market Cap: £28.08m
  • RiskGrade: 249

Zytronic's revenue growth offset by narrowing margins

By Iain Gilbert

Date: Thursday 18 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Zytronic's revenues improved during the second half of its trading year, but the increased level of business meant that new designs and production techniques squeezed margins more than expected.
Revenues rose 10% to £11.7m in the second six months of the year, resulting in total revenues for the full year coming in-line with market expectations at £22.3m.

However, the touch-screen manufacturer warned that the increased business had required the introduction of some new design and production techniques which had resulted in lower than expected margins, particularly in the final two months of the financial year.

Zytronic also told investors that a spurious patent claim had been settled for £72,000, plus the group's own cost of £240,000.

The AIM-listed outfit stated that lower margins, coupled with the litigation costs, resulted in the group's full-year pre-tax profits coming in at approximately £4.2m, behind market expectations.

Zytronic assured investors that operations would continue "as is normal" and that it would address the new product designs and production techniques to bring through improvements to margins.

As of 0840 BST, Zytronic shares had tumbled 11.06% to 378p.

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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.

 

Zytronic Market Data

Currency UK Pounds
Share Price 175.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 380.00
52 Week Low 167.50
Volume 15,462
Shares Issued 16.04m
Market Cap £28.08m
RiskGrade 249

Zytronic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.10% above the market average91.10% above the market average91.10% above the market average91.10% above the market average91.10% 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
Price Trend
82.51% below the market average82.51% below the market average82.51% below the market average82.51% below the market average82.51% below the market average
64.1% below the sector average64.1% below the sector average64.1% below the sector average64.1% below the sector average64.1% below the sector average
Income
78.65% above the market average78.65% above the market average78.65% above the market average78.65% above the market average78.65% 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
96.47% below the market average96.47% below the market average96.47% below the market average96.47% below the market average96.47% 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

Zytronic Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Jan-20 04-Jul-19
Paid 07-Feb-20 19-Jul-19
Amount 15.20p 7.60p

Trades for 21-Feb-2020

Time Volume / Share Price
15:51 1,699 @ 176.50p
15:40 1,000 @ 170.51p
15:26 1,885 @ 170.51p
14:15 1,587 @ 171.00p
10:18 28,550 @ 175.00p

Zytronic Key Personnel

CEO Mark Cambridge
Finance Director Claire Louise Smith

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