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

Improved market conditions boost profits at 600 Group

By Iain Gilbert

Date: Monday 20 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Industrial products designer and distributor The 600 Group increased profits over its first trading half thanks to a revenue boost from improved market conditions.
The AIM-listed firm watched revenue grow £24.8m, a 7% year-on-year gain; bringing pre-tax profits up from £1.37m to £2.06m for the six months leading to 30 September.

Across the group, the 600 Group saw order books expand 36% on the same time twelve months prior, with its industrial laser division accounting for 59% of all profits.

Paul Dupee, executive chairman, said, "Market conditions have improved generally over the previous year and both our divisions have been able to increase revenues and have much-improved order books."

"Whilst there remain a number of uncertain world events beyond our control which could affect our markets, the board continues to believe that the process of leveraging our industry recognised brands such as Colchester, Harrison, Clausing, TYKMA and Electrox through new product developments and an increased worldwide distribution network will lead to continued revenue growth in the future," he added.

Earnings per share jumped from 1.05p at the halfway point of 2016 to 1.75p on 30 September.

As of 1045 GMT, shares had gained 3.02% to 13.65p.

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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
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