Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

 210.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 420.00
  • 52 Week Low: 164.51
  • Currency: UK Pounds
  • Shares Issued: 104.55m
  • Volume: 267,633
  • Market Cap: £219.54m
  • Beta: 0.02

Midwich lifts profit expectations amid 'particularly strong' trading

By Josh White

Date: Wednesday 15 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Specialist audio visual trade distributor Midwich Group updated the market on its trading on Wednesday, reporting that despite ongoing product shortages, its performance had been "stronger than expected" since its interim results published in early September.
The AIM-traded firm said both the UK and Ireland, and the Europe, Middle East and Africa (EMEA) geographies were performing particularly well.

"As a result, the board expects that adjusted profit before tax for the year ending 31 December will be not less than £30m," the board said in its statement.

"[This] is materially ahead of its previous expectations."

Midwich said it would make its next scheduled trading update on 19 January.

At 1228 GMT, shares in Midwich Group were up 9.05% at 632.5p.

Email this article to a friend

or share it with one of these popular networks:


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

 

Midwich Group Market Data

Currency UK Pounds
Share Price 210.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 420.00
52 Week Low 164.51
Volume 267,633
Shares Issued 104.55m
Market Cap £219.54m
Beta 0.02

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.38% above the market average90.38% above the market average90.38% above the market average90.38% above the market average90.38% above the market average
95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average
Price Trend
76.36% below the market average76.36% below the market average76.36% below the market average76.36% below the market average76.36% below the market average
79.38% below the sector average79.38% below the sector average79.38% below the sector average79.38% below the sector average79.38% below the sector average
Income
95.08% above the market average95.08% above the market average95.08% above the market average95.08% above the market average95.08% above the market average
96.55% above the sector average96.55% above the sector average96.55% above the sector average96.55% above the sector average96.55% above the sector average
Growth
54.58% below the market average54.58% below the market average54.58% below the market average54.58% below the market average54.58% below the market average
43.48% below the sector average43.48% below the sector average43.48% below the sector average43.48% below the sector average43.48% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Midwich Group Dividends

  Latest Previous
  Final Interim
Ex-Div 22-May-25 12-Sep-24
Paid 04-Jul-25 18-Oct-24
Amount 7.50p 5.50p

Trades for 13-May-2025

Time Volume / Share Price
13:19 2,011 @ 210.00p
13:19 173 @ 210.00p
13:19 546 @ 210.00p
13:16 1,885 @ 211.50p
13:16 444 @ 210.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

Top of Page