Diploma (DPLM)

Sector:

Support

Index:

FTSE 100

3,722.00p
   
  • Change Today:
    -28.00p
  • 52 Week High: 3,758.00
  • 52 Week Low: 2,592.00
  • Currency: UK Pounds
  • Shares Issued: 134.09m
  • Volume: 242,859
  • Market Cap: £4,990.90m
  • RiskGrade: 165

Diploma delivers 'strong' Q1 trading performance

By Iain Gilbert

Date: Wednesday 18 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Technical products and services firm Diploma said on Wednesday that its first-quarter trading performance had been "strong", in line with its full-year expectations.
Diploma stated organic growth was up 10%, with strong growth in its seals and life sciences unit, while reported revenues were 30% higher thanks to an 11% contribution from "high-quality acquisitions" and a 9% foreign exchange benefit.

The FTSE 250-listed group also noted that it had a "strong operating margin", in line with expectations.

Looking ahead, Diploma added that while it was "mindful" of the current uncertain economic outlook, its business model remained "resilient".

"This, together with the strong Q1 performance, underpins our continuing confidence in delivering our full-year guidance: mid-single digit organic revenue growth (likely to be first-half weighted); acquisitions to add circa 6% to reported growth; and, a strong, resilient operating margin of 18-19%," said Diploma.

"The group's excellent long-term track record of compounding growth demonstrates the strength of the business model. We remain focused on executing our strategy of building high-quality, scalable businesses for organic growth and we are confident in our long-term prospects."

As of 0940 GMT, Diploma shares were up 0.63% at 2,866.0p.



Reporting by Iain Gilbert at Sharecast.com

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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.

 

Diploma Market Data

Currency UK Pounds
Share Price 3,722.00p
Change Today -28.00p
% Change -0.75 %
52 Week High 3,758.00
52 Week Low 2,592.00
Volume 242,859
Shares Issued 134.09m
Market Cap £4,990.90m
RiskGrade 165

Diploma Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.81% below the market average98.81% below the market average98.81% below the market average98.81% below the market average98.81% below the market average
97.78% below the sector average97.78% below the sector average97.78% below the sector average97.78% below the sector average97.78% below the sector average
Price Trend
89.03% above the market average89.03% above the market average89.03% above the market average89.03% above the market average89.03% above the market average
76.24% above the sector average76.24% above the sector average76.24% above the sector average76.24% above the sector average76.24% above the sector average
Income
92.43% below the market average92.43% below the market average92.43% below the market average92.43% below the market average92.43% 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
46.28% above the market average46.28% above the market average46.28% above the market average46.28% above the market average46.28% above the market average
46.00% above the sector average46.00% above the sector average46.00% above the sector average46.00% above the sector average46.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 1
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Diploma Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Jan-24 25-May-23
Paid 02-Feb-24 09-Jun-23
Amount 40.00p 16.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 122,590 @ 3,722.00p
16:35 687 @ 3,722.00p
16:35 114 @ 3,722.00p
16:35 318 @ 3,722.00p
16:35 398 @ 3,722.00p

Diploma Key Personnel

CEO Johnny Thomson

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