Coral Products (CRU)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

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8.25p
   
  • Change Today:
      0.25p
  • 52 Week High: 13.75
  • 52 Week Low: 5.90
  • Currency: UK Pounds
  • Shares Issued: 82.61m
  • Volume: 0
  • Market Cap: £6.82m
  • RiskGrade: 243

Coral Products makes waves as results better-than-feared

By Duncan Ferris

Date: Monday 20 May 2019

LONDON (ShareCast) - (Sharecast News) - Coral Products' shares shot up on Monday as the company stated that its results for the year ended 30 April will not fall as far below expectations as it had previously warned in March.
The plastics manufacturer and distributor said that unaudited accounts indicate "a marked improvement over the previous year's results" as sales, operating profit, (underlying and actual) and EBITDA were much improved, while gross margins also improved despite difficult trading conditions.

Meanwhile, the AIM traded company's debt increased slightly as it continued to invest in new products, processes, plant and people, in anticipation of an increase in market demand.

The company plans to release its final results in August, ahead of its AGM in September.

Coral said it will release at least four new products during the current financial year, including roof tiles and improved food packaging, with management remaining confident in its strategy and looking forward to a year of continued improvement.

Coral Products' shares were up 25.38% at 8.15p at 0925 BST.

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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.

 

Coral Products Market Data

Currency UK Pounds
Share Price 8.25p
Change Today 0.25p
% Change 3.13 %
52 Week High 13.75
52 Week Low 5.90
Volume 0
Shares Issued 82.61m
Market Cap £6.82m
RiskGrade 243

Coral Products Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.26% above the market average84.26% above the market average84.26% above the market average84.26% above the market average84.26% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
68.04% below the market average68.04% below the market average68.04% below the market average68.04% below the market average68.04% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average
Income
41.77% above the market average41.77% above the market average41.77% above the market average41.77% above the market average41.77% above the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average
Growth
50.43% below the market average50.43% below the market average50.43% below the market average50.43% below the market average50.43% 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

Coral Products Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Feb-19 08-Nov-18
Paid 28-Mar-19 20-Dec-18
Amount 0.25p 0.25p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

Coral Products Key Personnel

CEO Roberto (Rob) Zandona
Finance Director Sharon Adele Gramauskas
CEO Michael (Mick) Wood

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