Contour Global (GLO)

Sector:

Electricity Generation and Distribution

Index:

FTSE 250

194.20p
   
  • Change Today:
    -1.40p
  • 52 Week High: 219.00
  • 52 Week Low: 154.20
  • Currency: UK Pounds
  • Shares Issued: 655.77m
  • Volume: 447,114
  • Market Cap: £1,273.51m
  • RiskGrade: 96
  • Beta: 0.01

ContourGlobal sees FY profit 'modestly' below expectations

By Frank Prenesti

Date: Thursday 05 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Wholesale power generator ContourGlobal said it expected full year core earnings to be below guidance after a delay in closing the deal on its Mexico acquisition.
The company had previously guided earnings before interest, tax, depreciation and amortisation (EBITDA) to be in the lower half of a $720m - $770m range.

Contour said adjusted EBITDA for the nine months to September 30, was up 19% to $531.6m reflecting the full nine month of ownership impact of its Spanish concentrated solar power (CSP) acquisition, a $52m cash gain on the reduction of a minority stake in the CSP assets and improved renewable generation.

"While underlying trading remains inline with expectations, consistent with the delay in closing from Q3 into Q4 of the acquisition of the combined heat and power business, the company now expects the 2019 full year adjusted EBITDA to be modestly below the bottom end of the previous range," Contour said on Thursday.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Contour Global Market Data

Currency UK Pounds
Share Price 194.20p
Change Today -1.40p
% Change -0.72 %
52 Week High 219.00
52 Week Low 154.20
Volume 447,114
Shares Issued 655.77m
Market Cap £1,273.51m
Beta 0.01
RiskGrade 96

Contour Global Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.34% above the market average69.34% above the market average69.34% above the market average69.34% above the market average69.34% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
51.38% below the market average51.38% below the market average51.38% below the market average51.38% below the market average51.38% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
86.01% above the market average86.01% above the market average86.01% above the market average86.01% above the market average86.01% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
65.24% above the market average65.24% above the market average65.24% above the market average65.24% above the market average65.24% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Contour Global Dividends

  Latest Previous
  Q1 Q4
Ex-Div 20-May-21 01-Apr-21
Paid 11-Jun-21 19-Apr-21
Amount 4.46¢ 4.06¢

Trades for 14-May-2021

Time Volume / Share Price
16:35 1,006 @ 194.20p
16:35 1,841 @ 194.20p
16:35 137,470 @ 194.20p
16:27 36 @ 196.20p
16:27 130 @ 195.80p

Contour Global Key Personnel

Chair Craig Huff
CFO Stefan Schellinger

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