Harwood Wealth Management Group (HW.)

Sector:

Financials

Index:

FTSE AIM All-Share

 157.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 157.50p
  • 52 Week Low: 115.00p
  • Currency: UK Pounds
  • Shares Issued: 62.54m
  • Volume: 0
  • Market Cap: £98.51m
  • Beta: 0.11

Harwood acquisitions to push EBITDA ahead of expectations

By Iain Gilbert

Date: Tuesday 20 Nov 2018

LONDON (ShareCast) - (Sharecast News) - British financial planner Harwood Wealth Management expects to report strong revenue and EBITDA growth from its recently wrapped up trading year.
Harwood completed a total of nine acquisitions throughout the year for a total of £10.7m and held cash of £13.6m as of 31 October, as cash used to fund its acquisitions was augmented by the "cash generative nature of the business."

The AIM-quoted outfit anticipates adjusted EBITDA will be "ahead of market expectations".

Chairman Peter Mann, said: "I am very pleased to report on another successful year for the group, with strong revenue growth and an EBITDA performance which is comfortably ahead of market expectations."

"This performance demonstrates the robustness of the business underpinned by a strong operating model and we look forward to continuing to drive growth going forward."

As of 1005 GMT, Harwood shares had climbed 4.93% to 157.40p.

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HW. Market Data

Currency UK Pounds
Share Price 157.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 157.50p
52 Week Low 115.00p
Volume 0
Shares Issued 62.54m
Market Cap £98.51m
Beta 0.11

HW. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.49% below the market average67.49% below the market average67.49% below the market average67.49% below the market average67.49% below the market average
62.59% below the sector average62.59% below the sector average62.59% below the sector average62.59% below the sector average62.59% below the sector average
Price Trend
41.15% above the market average41.15% above the market average41.15% above the market average41.15% above the market average41.15% above the market average
52.38% above the sector average52.38% above the sector average52.38% above the sector average52.38% above the sector average52.38% above the sector average
Income
0.99% above the market average0.99% above the market average0.99% above the market average0.99% above the market average0.99% above the market average
15.66% below the sector average15.66% below the sector average15.66% below the sector average15.66% below the sector average15.66% below the sector average
Growth
97.28% above the market average97.28% above the market average97.28% above the market average97.28% above the market average97.28% above the market average
96.72% above the sector average96.72% above the sector average96.72% above the sector average96.72% above the sector average96.72% 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

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