Harwood Wealth Management Group (HW.)

Sector:

Financials

Index:

FTSE AIM All-Share

 160.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 160.00
  • 52 Week Low: 115.00
  • Currency: UK Pounds
  • Shares Issued: 62.54m
  • Volume: 0
  • Market Cap: £100.07m
  • Beta: 0.13

Harwood Wealth sees FY earnings, revenue ahead of market views

By Michele Maatouk

Date: Thursday 16 Nov 2017

LONDON (ShareCast) - (ShareCast News) - AIM-listed Harwood Wealth Management said on Thursday that full-year revenue and adjusted earnings are set to be ahead of market expectations.
The financial planning and discretionary wealth management business, which is due to report its audited full-year results in January, said revenue and adjusted earnings before interest, tax, depreciation and amortisation will surpass expectations for the year to 31 October 2017, driven by a by a mix of organic and acquired growth.

In the year just ended, the group completed seven acquisitions for an aggregate consideration of £2.9m. Meanwhile, cash as at the end of October stood at £19m, reflecting new acquisitions and deferred considerations for acquisitions from previous periods, balanced by "the highly cash generative nature" of the company.

Chairman Peter Mann said: "I'm delighted to report on a very successful year for Harwood Wealth Management as the company continues to deliver its focused, stated strategy. The market continues to be highly fragmented and, as we start the new financial year, the opportunity for further value creating acquisitions remains strong."

At 1410 GMT, the shares were up 3.7% to 184p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

HW. Market Data

Currency UK Pounds
Share Price 160.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 160.00
52 Week Low 115.00
Volume 0
Shares Issued 62.54m
Market Cap £100.07m
Beta 0.13

HW. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.13% below the market average66.13% below the market average66.13% below the market average66.13% below the market average66.13% below the market average
60.29% below the sector average60.29% below the sector average60.29% below the sector average60.29% below the sector average60.29% below the sector average
Price Trend
39.39% above the market average39.39% above the market average39.39% above the market average39.39% above the market average39.39% above the market average
49.32% above the sector average49.32% above the sector average49.32% above the sector average49.32% above the sector average49.32% above the sector average
Income
2.79% above the market average2.79% above the market average2.79% above the market average2.79% above the market average2.79% above the market average
9.76% below the sector average9.76% below the sector average9.76% below the sector average9.76% below the sector average9.76% below the sector average
Growth
97.64% above the market average97.64% above the market average97.64% above the market average97.64% above the market average97.64% above the market average
95.08% above the sector average95.08% above the sector average95.08% above the sector average95.08% above the sector average95.08% above the sector average

HW. Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 25-Apr-19
Paid 08-Nov-19 10-May-19
Amount 1.17p 2.42p

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

Top of Page