Elecosoft Public Limited Company (ELCO)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

113.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 119.00
  • 52 Week Low: 75.00
  • Currency: UK Pounds
  • Shares Issued: 83.21m
  • Volume: 5,898
  • Market Cap: £94.02m
  • RiskGrade: 176

Elecosoft revenues and profits rise in first quarter

By Iain Gilbert

Date: Thursday 09 May 2019

LONDON (ShareCast) - (Sharecast News) - Software and services provider Elecosoft told investors on Thursday that 2019 had "started well", with both revenues and profits ahead year-on-year.
Revenues increased by 20% in the three months ended 31 March, or 22% at constant currency, while pre-tax profit for the quarter came in higher than it had a year earlier and in line with market expectations.

The AIM-listed company also revealed that it was cash generative in the quarter, helping it cut net debt 57% to £900,000, as of 31 December 2018.

Executive chairman John Ketteley said: "Elecosoft continues to perform well reflecting both the international spread and strength of our core construction and visualisation software businesses.

"We have been encouraged by the trading performance of our recent acquisitions in the UK and Germany and the opportunities for realising synergies which we anticipated when acquiring these businesses."

At 0915 BST, Elecosoft shares were up 7.1% to 86.20p.

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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.

 

ELCO Market Data

Currency UK Pounds
Share Price 113.00p
Change Today 2.00p
% Change 1.80 %
52 Week High 119.00
52 Week Low 75.00
Volume 5,898
Shares Issued 83.21m
Market Cap £94.02m
RiskGrade 176

ELCO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.21% below the market average99.21% below the market average99.21% below the market average99.21% below the market average99.21% 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
Price Trend
90.48% above the market average90.48% above the market average90.48% above the market average90.48% above the market average90.48% above the market average
90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average
Income
97.48% below the market average97.48% below the market average97.48% below the market average97.48% below the market average97.48% 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
65% below the market average65% below the market average65% below the market average65% below the market average65% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ELCO Dividends

  Latest Previous
  Final Interim
Ex-Div 13-Jun-24 21-Sep-23
Paid 28-Jun-24 06-Oct-23
Amount 0.55p 0.25p

Trades for 14-Jun-2024

Time Volume / Share Price
15:44 2,150 @ 112.22p
14:02 11 @ 112.22p
12:23 3,520 @ 113.30p
09:59 217 @ 112.22p

ELCO Key Personnel

CEO Jonathan Albert Hunter
CFO Neil Pritchard

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