Slingsby H.C (SLNG)

Sector:

Engineering

 230.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 270.00
  • 52 Week Low: 190.00
  • Currency: UK Pounds
  • Shares Issued: 1.05m
  • Volume: 0
  • Market Cap: £2.42m
  • RiskGrade: 118
  • Beta: 0.00

Slingsby board still cautious after improvement in trading

By Josh White

Date: Tuesday 19 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Industrial and commercial equipment distributor HC Slingsby updated the market on its trading for the five months ended 31 May on Tuesday, as its investors gathered for its annual general meeting.
The AIM-traded firm had reported in its annual results for the year ended 31 December that group sales were 6% lower in the three months to 31 March, as it faced strong comparatives in 2017 due to several large orders delivered in that period.

On Tuesday, it said group sales in the five months to 31 May were 1% lower than in the prior year, following stronger-than-prior year sales performances in April and May.

"Although the group has slightly improved the level of gross margin in the five months period to 31 May, overheads have increased slightly and as a result profit before tax in the five months is marginally below the comparable last year," the board said in its statement.

"However, disappointing levels of order intake across the group so far during June lead the directors to remain cautious regarding the outlook for the results for the six months to 30 June."

Slingsby had net debt of £1.4m at 31 May, compared to £1.8m a year earlier.

The group said it was continuing to operate within its existing banking facilities, with additional funding options available should the need arise.

"Uncertainty remains regarding the quantum and timing of future payments to the defined benefit pension scheme," the board noted.

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.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Slingsby H.C Market Data

Currency UK Pounds
Share Price 230.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 270.00
52 Week Low 190.00
Volume 0
Shares Issued 1.05m
Market Cap £2.42m
Beta 0.00
RiskGrade 118

Slingsby H.C Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.30% above the market average70.30% above the market average70.30% above the market average70.30% above the market average70.30% above the market average
54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average54.84% above the sector average
Price Trend
25.25% above the market average25.25% above the market average25.25% above the market average25.25% above the market average25.25% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Income Not Available
Growth
75.66% below the market average75.66% below the market average75.66% below the market average75.66% below the market average75.66% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average

Slingsby H.C Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Jun-15 04-Dec-14
Paid 06-Jul-15 02-Jan-15
Amount 4.00p 2.00p

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

Top of Page