Zytronic (ZYT)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

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

Zytronic 'cautious' of second half trading as gaming sector sales slip

By Iain Gilbert

Date: Thursday 02 May 2019

LONDON (ShareCast) - (Sharecast News) - Touch sensor manufacturer Zytronic warned investors that both revenues and profits from its first trading half looked set to have fallen year-on-year as a result of declining sales to the gaming sector.
Zytronic expects to report revenues of £9.5m and pre-tax profits of £1.4m for the six months ended 31 March, down from the respective year-earlier figures of £10.6m and £1.4m.

The AIM-listed outfit attributed the reduction in revenues and profits to lower sales of products into the gaming sector, which was only partially offset by a stronger performance in other sectors.

Despite an "encouraging pipeline of opportunities in gaming", Zytronic said the pace of conversion to orders was "much slower than the board had anticipated".

While Zytronic expects trading in the second half of the financial year to be stronger than the first half, the group remained cautious on the level and timing of gaming sales recovery and, therefore, the expected performance for the second half as a whole.

As of 1100 BST, Zytronic shares had tumbled 21.29% to 273.50p.

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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 380.00p
52 Week Low 167.50p
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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