Sanne Group (SNN)

Sector:

Financials

Index:

FTSE 250

661.00p
   
  • Change Today:
    -22.00p
  • 52 Week High: 728.00
  • 52 Week Low: 468.50
  • Currency: UK Pounds
  • Shares Issued: 146.53m
  • Volume: 45,587
  • Market Cap: £968.59m

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Sanne sees full year underlying EPS in line despite FX impact

By Michele Maatouk

Date: Tuesday 06 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Sanne, a FTSE 250 provider of alternative asset and corporate administration services, said on Tuesday that 2017 underlying earnings per share are anticipated to be in line with the board's expectations despite the adverse impact from currency movements, thanks to continued momentum in the second half.
The group said that following its half-year report back in September, it has continued to see momentum through the second half of the year, with steady progress on the integration of each of its acquired businesses. However, it has also seen some adverse impact from FX translation given its increased exposure to US dollar earnings following the acquisitions of FLSV Fund Administration Services LLC in the US and the IFS Group in Mauritius.

Sanne also said that aligned to the latest guidance from the Financial Reporting Council, shared-based payments relating to its performance share plan and annual bonus plan will be included in underlying earnings from now. This amounted to non-cash amounts of around £700,000 and £1.6m in each of the years ended 31 December 2016 and 2017 respectively.

The company is due to release its results for the year to 31 December 2017 next month.

At 0900 GMT, the shares were down 6.2.% to 671p, tracking sharp falls in the broader equity market.

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Sanne Group Market Data

Currency UK Pounds
Share Price 661.00p
Change Today -22.00p
% Change -3.22 %
52 Week High 728.00
52 Week Low 468.50
Volume 45,587
Shares Issued 146.53m
Market Cap £968.59m

Sanne Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.12% below the market average62.12% below the market average62.12% below the market average62.12% below the market average62.12% below the market average
80.45% below the sector average80.45% below the sector average80.45% below the sector average80.45% below the sector average80.45% below the sector average
Price Trend
62.85% above the market average62.85% above the market average62.85% above the market average62.85% above the market average62.85% above the market average
61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average
Income
63.21% below the market average63.21% below the market average63.21% below the market average63.21% below the market average63.21% below the market average
87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average
Growth
26.71% below the market average26.71% below the market average26.71% below the market average26.71% below the market average26.71% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Sanne Group Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Apr-20 19-Sep-19
Paid 20-May-20 18-Oct-19
Amount 9.40p 4.70p

Trades for 14-Aug-2020

Time Volume / Share Price
16:35 14,898 @ 661.00p
16:29 23 @ 654.00p
16:29 8 @ 657.00p
16:29 10 @ 657.00p
16:29 30 @ 657.00p

Sanne Group Key Personnel

CFO James Ireland
CEO Martin Schnaier

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