Porvair (PRV)

Sector:

Energy Producers

Index:

FTSE Small Cap

604.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 616.00p
  • 52 Week Low: 480.00p
  • Currency: UK Pounds
  • Shares Issued: 46.17m
  • Volume: 3,126
  • Market Cap: £278.86m
  • RiskGrade: 190

Porvair achieves record full year revenue

By Renae Dyer

Date: Monday 30 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Specialist filtration and environmental technology group Porvair has reported record full year revenue, driven by growth in aviation filtration.
The AIM-listed group delivered revenue of £109.4m in the year to 30 November 2016, up 14% compared to the previous year on a reported basis.

Record results were achieved in aviation filtration and the Seal Analytical, which provides water quality analysis equipment for environmental and industrial laboratories.

Pre-tax profit also hit a new record, rising 10% to £10.1m.

The group's US-based TEM Filter Company attributed to growth, with a robust first year of business following its acquisition in 2015.

"The acquisition made in December 2015 continues to perform ahead of expectations," said chief executive Ben Stocks.

Porvair said it also realised strong cash generation with net cash of £13.6m at the end of the period, up from £10.7m in 2015.

However, operating profit fell 12% to £2.2m, largely due to planned start-up costs in China.

Looking ahead, Stocks said: The modest losses incurred in our Chinese start-up are expected to diminish. Overall, the group remains in a strong financial position and a good start has been made to the current year."

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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.

 

Porvair Market Data

Currency UK Pounds
Share Price 604.00p
Change Today 4.00p
% Change 0.67 %
52 Week High 616.00p
52 Week Low 480.00p
Volume 3,126
Shares Issued 46.17m
Market Cap £278.86m
RiskGrade 190

Porvair Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.12% below the market average77.12% below the market average77.12% below the market average77.12% below the market average77.12% below 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
Price Trend
7.51% below the market average7.51% below the market average7.51% below the market average7.51% below the market average7.51% below the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income
83.2% below the market average83.2% below the market average83.2% below the market average83.2% below the market average83.2% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
6.21% above the market average6.21% above the market average6.21% above the market average6.21% above the market average6.21% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
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Porvair Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Jul-21 29-Apr-21
Paid 27-Aug-21 04-Jun-21
Amount 1.80p 3.30p

Trades for 27-Jul-2021

Time Volume / Share Price
16:14 276 @ 600.00p
16:13 14 @ 610.00p
16:13 906 @ 610.00p
16:00 5 @ 592.00p
13:55 25 @ 616.00p

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