Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

 431.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 610.00
  • 52 Week Low: 368.00
  • Currency: UK Pounds
  • Shares Issued: 88.60m
  • Volume: 1,144
  • Market Cap: £381.89m

Midwich trading in line as acquisitions develop

By Duncan Ferris

Date: Monday 22 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Midwich Group reported that its revenues and margins grew in the first half of the year after recent acquisitions made strong contributions on Monday, though its full-year expectations remained unchanged.
The specialist audio visual distributor said growth was achieved across all geographies on a constant currency basis for the six months ended 30 June, with Continental Europe and the Asia Pacific region performing particularly well following investment in start-up businesses in South East Asia.

Four acquisitions made in the year-to-date were developing as expected, with the new businesses having given the AIM-traded company access to trading in Italy, Switzerland and Norway, as well as strengthening its capabilities in the audio and lighting segments.

Cash generation in the first half was slightly ahead of expectations, but was expected to be in line with forecasts over the full year.

Midwich Group's shares were up 0.73% at 554.00p at 1559 BST.

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

 

Midwich Group Market Data

Currency UK Pounds
Share Price 431.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 610.00
52 Week Low 368.00
Volume 1,144
Shares Issued 88.60m
Market Cap £381.89m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.18% below the market average78.18% below the market average78.18% below the market average78.18% below the market average78.18% below the market average
66.97% below the sector average66.97% below the sector average66.97% below the sector average66.97% below the sector average66.97% below the sector average
Price Trend
43.78% below the market average43.78% below the market average43.78% below the market average43.78% below the market average43.78% below the market average
38.6% below the sector average38.6% below the sector average38.6% below the sector average38.6% below the sector average38.6% below the sector average
Income
25.81% above the market average25.81% above the market average25.81% above the market average25.81% above the market average25.81% above the market average
27.50% above the sector average27.50% above the sector average27.50% above the sector average27.50% above the sector average27.50% above the sector average
Growth
68.37% above the market average68.37% above the market average68.37% above the market average68.37% above the market average68.37% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Midwich Group Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 19-Sep-19
Paid n/a 25-Oct-19
Amount 0.000p 4.85p

Trades for 05-Jun-2020

Time Volume / Share Price
08:49 1,144 @ 423.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

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