Hunters Property (HUNT)

Sector:

Real Estate

Index:

FTSE AIM All-Share

 54.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 54.00
  • 52 Week Low: 33.00
  • Currency: UK Pounds
  • Shares Issued: 32.50m
  • Volume: 0
  • Market Cap: £17.55m
  • RiskGrade: 96

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 54.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 54.00
52 Week Low 33.00
Volume 0
Shares Issued 32.50m
Market Cap £17.55m
RiskGrade 96

HUNT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.24% below the market average43.24% below the market average43.24% below the market average43.24% below the market average43.24% below the market average
49.09% below the sector average49.09% below the sector average49.09% below the sector average49.09% below the sector average49.09% below the sector average
Price Trend
88.79% above the market average88.79% above the market average88.79% above the market average88.79% above the market average88.79% above the market average
76.27% above the sector average76.27% above the sector average76.27% above the sector average76.27% above the sector average76.27% above the sector average
Income
48.20% above the market average48.20% above the market average48.20% above the market average48.20% above the market average48.20% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
69.44% below the market average69.44% below the market average69.44% below the market average69.44% below the market average69.44% below the market average
29.82% below the sector average29.82% below the sector average29.82% below the sector average29.82% below the sector average29.82% 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 --2019

Time Volume / Share Price
0 @ 0.000p

HUNT Key Personnel

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

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