Morgan Advanced Materials (MGAM)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

321.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 331.00p
  • 52 Week Low: 218.50p
  • Currency: UK Pounds
  • Shares Issued: 285.37m
  • Volume: 1,148,744
  • Market Cap: £917.46m

Morgan Advanced Materials 10 month sales up 7.2%

By Frank Prenesti

Date: Friday 09 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Morgan Advanced Materials said sales for the 10 months to October 2018 were up 7.2% on an organic constant-currency basis, adding that expectations for the full year remained unchanged.
For the quarter to October, organic constant-currency sales growth was 6.4% compared to the same period last year.

Excluding the benefit from the additional ceramic armour sales within the seals & bearings business unit, underlying organic constant-currency growth rate for the 10 months was 5.4%. Group headline operating margins remained in line with those reported for the half year to 30 June 2018, the company said.

Sales for the thermal products division were up 7%, with growth in Asia. The carbon & technical ceramics division saw sales rise 9.2%, with growth in electrical carbon, seals & bearings and technical ceramics.

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MGAM Market Data

Currency UK Pounds
Share Price 321.50p
Change Today 2.50p
% Change 0.78 %
52 Week High 331.00p
52 Week Low 218.50p
Volume 1,148,744
Shares Issued 285.37m
Market Cap £917.46m

MGAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.71% above the market average66.71% above the market average66.71% above the market average66.71% above the market average66.71% above the market average
94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average
Price Trend
61.51% above the market average61.51% above the market average61.51% above the market average61.51% above the market average61.51% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income
49.69% above the market average49.69% above the market average49.69% above the market average49.69% above the market average49.69% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Growth
82.98% below the market average82.98% below the market average82.98% below the market average82.98% below the market average82.98% below the market average
94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGAM Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 26-Oct-23
Paid 17-May-24 17-Nov-23
Amount 6.70p 5.30p

Trades for 28-May-2024

Time Volume / Share Price
11:48 280,000 @ 323.00p
11:48 275,000 @ 323.00p
16:35 223,933 @ 321.50p
16:35 1 @ 321.50p
16:35 617 @ 321.50p

MGAM Key Personnel

CEO Pete Raby
CFO Richard Armitage

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