Petards Group (PEG)

Sector:

Support

Index:

FTSE AIM All-Share

7.50p
   
  • Change Today:
      0.75p
  • 52 Week High: 8.75
  • 52 Week Low: 3.40
  • Currency: UK Pounds
  • Shares Issued: 57.53m
  • Volume: 136,910
  • Market Cap: £4.31m
  • RiskGrade: 321

Petards warns of 'extremely challenging' trading amid pandemic

By Iain Gilbert

Date: Thursday 11 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Software developer Petards said on Thursday that trading had continued to be "extremely challenging" as a result of the Covid-19 pandemic.
Petards stated its eyeTrain operations had been particularly impacted, with customer scheduling subject to change and deferral at very short notice, exacerbating the impact on revenue and delays in placement of new customer orders.

The AIM-listed firm stated its defence activities had "a moderately profitable year", but noted that they too were affected by customer agreed supplier delivery schedule changes, with £500,000 of revenue being delayed into 2021 and impacting profitability for 2020.

Petards expects to report group revenues of approximately £13.0m for the year, down from £15.7m a year ago, and a slightly improved result compared to last year's adjusted underlying loss of £300,000.

While the group's year-end order book stood at over £12.0m, of which £10m was currently scheduled for delivery in 2021, Petards said it was presently too early in the year to re-instate market guidance nut stated it was "cautiously hopeful" of improved results in 2021.

As of 0845 GMT, Petards shares were down 2.96% at 13.10p.

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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.

 

Petards Group Market Data

Currency UK Pounds
Share Price 7.50p
Change Today 0.75p
% Change 11.11 %
52 Week High 8.75
52 Week Low 3.40
Volume 136,910
Shares Issued 57.53m
Market Cap £4.31m
RiskGrade 321

Petards Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
1.2% below the market average1.2% below the market average1.2% below the market average1.2% below the market average1.2% below the market average
10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average
Income Not Available
Growth
98.58% below the market average98.58% below the market average98.58% below the market average98.58% below the market average98.58% 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

Petards Group Dividends

No dividends found

Trades for 17-Apr-2024

Time Volume / Share Price
16:20 25,000 @ 7.00p
12:52 5,000 @ 7.50p
12:50 5,000 @ 7.50p
12:49 10,000 @ 7.50p
11:46 66,910 @ 7.47p

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