Zotefoams (ZTF)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

415.00p
   
  • Change Today:
    -7.00p
  • 52 Week High: 500.00p
  • 52 Week Low: 360.00p
  • Currency: UK Pounds
  • Shares Issued: 48.62m
  • Volume: 8,836
  • Market Cap: £201.78m
  • RiskGrade: 186

Zotefoams spies end of European foam destocking trend

Date: Wednesday 15 Jan 2014

LONDON (ShareCast) - Plastics and foam-maker Zotefoams said it saw fewer shipments of ‘polyolefin’ foams to Europe in the fourth quarter but expected to progress in this market in 2014.

The polyolefin shortfall will see the AIM-listed company report full year group sales down around 5% compared with 2012, which was expected.

The lower levels of shipments was due to downstream destocking faced by a single large European customer due to Zotefoams increased efficiency and shorter lead time.

The company suggested this was just a short-term issue and the benefits of these lead times would be a significant boon in the new financial year.

Zotefoams’ high-growth units, High-Performance Products and the MuCell Extrusion technology licensing business, both continued to perform well.

“After the setback reported last October, no new major surprises are a relief,” said house broker Investec.

Shares in Zotefoams recovered from initial falls to be down 0.8% at 171p by 14:05 on Wednesday.

OH

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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.

 

Zotefoams Market Data

Currency UK Pounds
Share Price 415.00p
Change Today -7.00p
% Change -1.66 %
52 Week High 500.00p
52 Week Low 360.00p
Volume 8,836
Shares Issued 48.62m
Market Cap £201.78m
RiskGrade 186

Zotefoams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.08% below the market average73.08% below the market average73.08% below the market average73.08% below the market average73.08% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Price Trend
76.19% below the market average76.19% below the market average76.19% below the market average76.19% below the market average76.19% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Income
60.93% below the market average60.93% below the market average60.93% below the market average60.93% below the market average60.93% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
1.95% above the market average1.95% above the market average1.95% above the market average1.95% above the market average1.95% 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

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.

Zotefoams Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Sep-21 06-May-21
Paid 08-Oct-21 01-Jun-21
Amount 2.10p 4.27p

Trades for 24-Sep-2021

Time Volume / Share Price
16:35 2,031 @ 415.00p
14:26 2,214 @ 415.28p
10:30 601 @ 418.05p
10:24 315 @ 418.00p
10:24 84 @ 418.00p

Zotefoams Key Personnel

CEO David Stirling
Finance Director Gary McGrath

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