Synthomer (SYNT)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

259.80p
   
  • Change Today:
      18.40p
  • 52 Week High: 942.11
  • 52 Week Low: 122.50
  • Currency: UK Pounds
  • Shares Issued: 163.57m
  • Volume: 536,426
  • Market Cap: £424.95m

Synthomer upgrades FY earnings outlook amid strong trading

By Michele Maatouk

Date: Monday 19 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Chemicals company Synthomer lifted its full-year earnings guidance on Monday as it said trading across the business has remained strong.
It now expects first-half earnings before interest, tax, depreciation and amortisation to be around £320m and FY EBITDA to be in excess of £500m, up from previous guidance of in excess of £450m. The company said that since its last update in April, volumes and unit margins have been ahead of the prior year in all divisions.

"In addition, the Nitrile latex business has continued to perform well, driven by exceptional demand due to the Covid-19 pandemic," it said.

The Nitrile latex business is still expected to return more normalised levels next year, however. Synthomer said it will provide an update on this and its 2021 outlook with its first-half results on 5 August.

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.

 

Synthomer Market Data

Currency UK Pounds
Share Price 259.80p
Change Today 18.40p
% Change 7.62 %
52 Week High 942.11
52 Week Low 122.50
Volume 536,426
Shares Issued 163.57m
Market Cap £424.95m

Synthomer Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.13% above the market average59.13% above the market average59.13% above the market average59.13% above the market average59.13% above the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Price Trend
60.57% below the market average60.57% below the market average60.57% below the market average60.57% below the market average60.57% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income Not Available
Growth
13.96% below the market average13.96% below the market average13.96% below the market average13.96% below the market average13.96% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

Synthomer Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 01-Jun-22
Paid n/a 05-Jul-22
Amount 0.000p 21.30p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 86,267 @ 259.80p
16:35 613 @ 259.80p
16:35 886 @ 259.80p
16:35 1,275 @ 259.80p
16:35 696 @ 259.80p

Synthomer Key Personnel

CFO Lily Liu

Top of Page