TP Group (TPG)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

3.93p
   
  • Change Today:
    -0.100p
  • 52 Week High: 8.70
  • 52 Week Low: 3.80
  • Currency: UK Pounds
  • Shares Issued: 779.18m
  • Volume: 3,982,989
  • Market Cap: £30.58m

TP Group secures new order with UK's Ministry of Defence

By Iain Gilbert

Date: Monday 10 May 2021

LONDON (ShareCast) - (Sharecast News) - Engineering services company TP Group said on Monday that it had secured a new order for consulting and digital services from the UK Ministry of Defence worth £1.1m.
TP Group stated it would be working on the MOD's £3.2bn MORPHEUS Programme to scope the next generation of applications to be used by military personnel deployed around the world to exploit information faster and enable better decision making.

The AIM-listed group said the work added to a number of smaller contract wins for TP's emerging digital services delivery offering.

TP Group added that its offering was "well-timed" to support the Government's current demand for responsive software but also noted that the win was "not material" in terms of the firm's financial performance.

Chief executive Phil Cartmell said: "This new contract award recognises our portfolio of services across consulting and software & digital solutions. Combining these together allows us to provide a broad-based support to the MOD across its multi-billion transformation programme."

As of 0925 BST, TP Group shares were up 0.99% at 5.71p.

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TP Group Market Data

Currency UK Pounds
Share Price 3.93p
Change Today -0.100p
% Change -2.48 %
52 Week High 8.70
52 Week Low 3.80
Volume 3,982,989
Shares Issued 779.18m
Market Cap £30.58m

TP Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.39% above the market average5.39% above the market average5.39% above the market average5.39% above the market average5.39% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average
Price Trend
95.76% below the market average95.76% below the market average95.76% below the market average95.76% below the market average95.76% 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
Income Not Available
Growth
46.52% above the market average46.52% above the market average46.52% above the market average46.52% above the market average46.52% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average

TP Group Dividends

No dividends found

Trades for 18-Jun-2021

Time Volume / Share Price
16:24 24,938 @ 3.97p
16:24 124,558 @ 3.97p
16:18 1,149 @ 3.84p
16:10 500 @ 3.83p
16:07 100,000 @ 3.91p

TP Group Key Personnel

CEO Philip Cartmell
CFO Derren Stroud

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