Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

513.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 633.00
  • 52 Week Low: 474.50
  • Currency: UK Pounds
  • Shares Issued: 79.97m
  • Volume: 23,100
  • Market Cap: £410.26m

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 513.00p
Change Today -1.00p
% Change -0.19 %
52 Week High 633.00
52 Week Low 474.50
Volume 23,100
Shares Issued 79.97m
Market Cap £410.26m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.23% below the market average77.23% below the market average77.23% below the market average77.23% below the market average77.23% below the market average
68.85% below the sector average68.85% below the sector average68.85% below the sector average68.85% below the sector average68.85% below the sector average
Price Trend
18.04% below the market average18.04% below the market average18.04% below the market average18.04% below the market average18.04% below the market average
18.11% below the sector average18.11% below the sector average18.11% below the sector average18.11% below the sector average18.11% below the sector average
Income
17.21% below the market average17.21% below the market average17.21% below the market average17.21% below the market average17.21% below the market average
37.08% below the sector average37.08% below the sector average37.08% below the sector average37.08% below the sector average37.08% below the sector average
Growth
77.04% above the market average77.04% above the market average77.04% above the market average77.04% above the market average77.04% above the market average
88.14% above the sector average88.14% above the sector average88.14% above the sector average88.14% above the sector average88.14% 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
  Interim Final
Ex-Div 19-Sep-19 16-May-19
Paid 25-Oct-19 21-Jun-19
Amount 4.85p 10.60p

Trades for 22-Oct-2019

Time Volume / Share Price
16:40 24,000 @ 514.00p
16:19 444 @ 512.22p
16:18 3,500 @ 514.00p
15:40 377 @ 512.22p
15:29 105 @ 518.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

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