Lords Group Trading (LORD)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

104.50p
   
  • Change Today:
    -0.25p
  • 52 Week High: 146.00p
  • 52 Week Low: 98.50p
  • Currency: UK Pounds
  • Shares Issued: 158.52m
  • Volume: 30,921
  • Market Cap: £165.66m

Lords Group swings to profit in first half

By Michele Maatouk

Date: Tuesday 28 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Building materials distributor Lords Group, which recently listed on AIM, said on Tuesday that it swung to a first-half profit as revenues rose.
In the six months to the end of June, the company swung to a pre-tax profit of £4.5m from a loss of £0.3m in the same period a year ago as revenues increased to £179m from £124m. Lords proposed an interim dividend of 0.63p a share.

Lords highlighted a strong performance across the group and a notable record contribution from Lords Builders Merchants.

Chairman Gary O'Brien said: "Market conditions remained favourable in our core markets throughout the period and I am delighted to report on a very strong first half, which was subsequently followed by our successful AIM IPO in July.

"We have continued to focus on our stated strategy of bolt-on acquisitions and organic growth, with H1 2021 reflecting significant milestones in both channels. I am also pleased to report that the acquisition pipeline remains strong and we are in discussions with a number of potential businesses that would enhance the group's proposition."

At 1220 BST, the shares were down 5% at 134.44p.

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

 

LORD Market Data

Currency UK Pounds
Share Price 104.50p
Change Today -0.25p
% Change -0.24 %
52 Week High 146.00p
52 Week Low 98.50p
Volume 30,921
Shares Issued 158.52m
Market Cap £165.66m

LORD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
11.64% below the market average11.64% below the market average11.64% below the market average11.64% below the market average11.64% below the market average
12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average
Income Not Available
Growth Not Available

LORD Dividends

  Latest Previous
  Interim
Ex-Div 07-Oct-21
Paid 01-Nov-21
Amount 0.63p

Trades for 27-Jan-2022

Time Volume / Share Price
15:27 5,000 @ 104.16p
15:26 8,000 @ 104.00p
15:13 3,000 @ 103.65p
10:42 10,000 @ 107.44p
08:53 2,500 @ 103.20p

LORD Key Personnel

CEO Shanker Bhupendrabhai Patel
CFO Christopher Michael Day

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