600 Group (SIXH)

Sector:

Engineering

 2.65p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.25
  • 52 Week Low: 2.40
  • Currency: UK Pounds
  • Shares Issued: 127.87m
  • Volume: 0
  • Market Cap: £3.39m
  • RiskGrade: 133

The 600 Group sells property, comments on Brexit exposure

By Andrew Schonberg

Date: Monday 04 Jul 2016

LONDON (ShareCast) - (ShareCast News) - The 600 Group has sold a property for £2.0m, and advised shareholders of several factors that it says reduce the risks associated with post-Brexit trading.
The group said 60% of its activity was conducted in the USA and these businesses were the main profit drivers.

"Furthermore, the dollar income we receive gives us a natural hedge against the majority of our purchases which are in dollars," the 600 Group said.

"In the last year only 13% of group sales were to EU countries and we are firmly focused on developing new markets outside of this area particularly in South East Asia."

The 600 Group added that 15% of its total group revenues were derived from the supply of spares parts and services.

"This is not dependent on achieving new sales but simply servicing our existing client base and lastly, the growth of our global industrial laser systems business is largely driven by legislative changes and the requirement for traceability both of which are increasing worldwide irrespective of the situation in the UK."

The group added that net proceeds from the £2.0m cash sale of the Letchworth Garden City long leasehold property would be applied to reducing its UK senior bank facility.

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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.

 

600 Group Market Data

Currency UK Pounds
Share Price 2.65p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.25
52 Week Low 2.40
Volume 0
Shares Issued 127.87m
Market Cap £3.39m
RiskGrade 133

600 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Value
87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average87.57% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Income Not Available
Growth
41.89% below the market average41.89% below the market average41.89% below the market average41.89% below the market average41.89% below the market average
39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average

600 Group Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-19 29-Aug-19
Paid 10-Jan-20 30-Sep-19
Amount 0.25p 0.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

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