Harwood Wealth Management Group (HW.)

Sector:

Financials

Index:

FTSE AIM All-Share

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 120.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 170.00p
  • 52 Week Low: 115.00p
  • Currency: UK Pounds
  • Shares Issued: 62.54m
  • Volume: 5,700
  • Market Cap: £75.05m
  • Beta: 0.04

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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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 120.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 170.00p
52 Week Low 115.00p
Volume 5,700
Shares Issued 62.54m
Market Cap £75.05m
Beta 0.04

HW. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.01% below the market average53.01% below the market average53.01% below the market average53.01% below the market average53.01% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
61.75% below the market average61.75% below the market average61.75% below the market average61.75% below the market average61.75% below the market average
49.35% below the sector average49.35% below the sector average49.35% below the sector average49.35% below the sector average49.35% below the sector average
Income
21.02% above the market average21.02% above the market average21.02% above the market average21.02% above the market average21.02% above the market average
12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average
Growth
96.81% above the market average96.81% above the market average96.81% above the market average96.81% above the market average96.81% above the market average
95.16% above the sector average95.16% above the sector average95.16% above the sector average95.16% above the sector average95.16% above the sector average

HW. Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-19 25-Oct-18
Paid 10-May-19 09-Nov-18
Amount 2.42p 1.08p

Trades for 24-Jun-2019

Time Volume / Share Price
09:26 1,400 @ 115.00p
09:12 1,400 @ 115.00p
08:50 1,500 @ 115.00p
08:42 1,400 @ 115.00p

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