Hunters Property (HUNT)

Sector:

Real Estate

Index:

FTSE AIM All-Share

43.50p
   
  • Change Today:
      2.00p
  • 52 Week High: 74.50
  • 52 Week Low: 25.00
  • Currency: UK Pounds
  • Shares Issued: 32.81m
  • Volume: 4,422
  • Market Cap: £14.27m
  • RiskGrade: 401

Hunters Property earnings surge in first half

By Josh White

Date: Thursday 08 Sep 2016

LONDON (ShareCast) - (ShareCast News) - National sales and lettings estate agency and franchise businesses Hunters Property announces its interim results for the six months to 30 June on Thursday, with network Income up 42% to £16.9m.
The AIM-traded company's revenue grew 26% to £6.6m , while adjusted operating profit increased by 107% to £0.92m.

Adjusted profit before tax surged 134% to £0.81m, making for adjusted earnings per share of 2.52p, up 61%.

Hunters' board declared an interim dividend up 20%, at 0.6p per share.

"We have delivered strong results in the six months to June 2016 bolstered by growth in the franchise network and we are encouraged by the robust pipeline of future franchisees interested in joining the network," said managing director Glynis Frew.

"The EU referendum has reduced some activity levels in the market, particularly in London and the South East.

"However in the wider UK market, which mirrors our national structure, activity is more encouraging and there has been less or little evidence of a downturn."

Frew said branch performance has improved on average, and in lettings in particular.

"The first half included a full contribution from Country Properties, [and] the second half of 2016 has started strongly.

"We are delighted that our lenders, HSBC, see the exciting potential and growth in our business and have made a new line of credit available to the group to deliver on its growth strategy and we are confident of our growth prospects and meeting our expectations for the full year."

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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.

 

HUNT Market Data

Currency UK Pounds
Share Price 43.50p
Change Today 2.00p
% Change 4.82 %
52 Week High 74.50
52 Week Low 25.00
Volume 4,422
Shares Issued 32.81m
Market Cap £14.27m
RiskGrade 401

HUNT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.47% above the market average63.47% above the market average63.47% above the market average63.47% above the market average63.47% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
7.52% below the market average7.52% below the market average7.52% below the market average7.52% below the market average7.52% below the market average
3.57% above the sector average3.57% above the sector average3.57% above the sector average3.57% above the sector average3.57% above the sector average
Income
38.18% above the market average38.18% above the market average38.18% above the market average38.18% above the market average38.18% above the market average
16.28% above the sector average16.28% above the sector average16.28% above the sector average16.28% above the sector average16.28% above the sector average
Growth
73.29% below the market average73.29% below the market average73.29% below the market average73.29% below the market average73.29% below the market average
59.26% below the sector average59.26% below the sector average59.26% below the sector average59.26% below the sector average59.26% below the sector average

HUNT Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Sep-19 25-Apr-19
Paid 18-Oct-19 22-May-19
Amount 0.87p 1.60p

Trades for 03-Aug-2020

Time Volume / Share Price
08:56 4,422 @ 45.00p

HUNT Key Personnel

Chair Kevin Paul Hollinrake
CEO Glynis Joan Frew
CFO Edward ("Ed") Anthony Jones
COO Dan Rafferty

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