Kin and Carta (KCT)

Sector:

IT Services

Index:

FTSE Small Cap

 128.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 136.00
  • 52 Week Low: 58.00
  • Currency: UK Pounds
  • Shares Issued: 177.93m
  • Volume: 5,395
  • Market Cap: £228.46m
  • RiskGrade: 82

UK economic upturn helps St Ives to double annual profit

Date: Tuesday 07 Oct 2014

LONDON (ShareCast) - Printing and marketing group St Ives doubled annual profits as the UK economic upturn boosted its marketing services arm.


St Ives said pre-tax profits in the year to 1 August rose 118% to £11.9m on a 3% increase in underlying revenue to £327.6m.

Basic earnings per share lifted 132% to 8.60p and the company boosted its total dividend by 10% to 7.15p per share.

Like-for-like revenue increased in both of its main businesses but marketing services increased sales by 12% while print services climbed a more modest 1%.

Marketing services now accounts for 46% of group underlying operating profit, including profit from acquisitions in the year on an annualised basis. Acquisitions of Realise and Hive improved its marketing services during the year and it said integration was going as planned.

Overseas expansion progressed as planned, in response to existing client demand, with a growing number of group businesses now servicing clients on an international basis.

Chief executive Matt Armitage said: "We are very pleased to report another strong set of results, in which marketing services made more than three times the underlying operating profit achieved by the entire St Ives group in 2009, demonstrating clear evidence of the ongoing success of our strategy and of our ability to collaborate across our individual businesses.

"The current year has started well and in line with our expectations, with marketing services benefiting from the UK economic recovery, from increasing marketing spend by our UK and international clients, and from our own organic growth initiatives.

"Overall we are confident St Ives will make further strategic and financial progress this year."

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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.

 

Kin and Carta Market Data

Currency UK Pounds
Share Price 128.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 136.00
52 Week Low 58.00
Volume 5,395
Shares Issued 177.93m
Market Cap £228.46m
RiskGrade 82

Kin and Carta Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average
Price Trend
53.71% above the market average53.71% above the market average53.71% above the market average53.71% above the market average53.71% above the market average
44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average
Income Not Available
Growth
19.29% below the market average19.29% below the market average19.29% below the market average19.29% below the market average19.29% below the market average
22.73% below the sector average22.73% below the sector average22.73% below the sector average22.73% below the sector average22.73% below the sector average

What The Brokers Say

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

Kin and Carta Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Nov-19 11-Apr-19
Paid 17-Dec-19 10-May-19
Amount 1.30p 0.65p

Trades for 28-Mar-2024

Time Volume / Share Price
10:06 1 @ 129.60p
10:06 15 @ 129.60p
08:00 3,079 @ 128.40p
08:00 2,300 @ 128.44p

Kin and Carta Key Personnel

CFO Chris Kutsor
CEO Kelly Manthey

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