Slingsby H.C (SLNG)

Sector:

Engineering

 310.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 310.00p
  • 52 Week Low: 190.00p
  • Currency: UK Pounds
  • Shares Issued: 1.05m
  • Volume: 0
  • Market Cap: £3.26m
  • RiskGrade: 118

Slingsby FY profits grow on improved margins, lower overheads

By Iain Gilbert

Date: Friday 19 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Industrial and commercial equipment distributor HC Slingsby said on Friday that full-year operating profits had grown year-on-year in 2019 thanks to improved profit margins and lower overheads.
HC Slingsby said although group sales in the five months ended 31 May were 3% lower when compared to the same period a year earlier, trends in gross profit margin and overheads had continued in the second quarter of 2020, meaning operating profits were again higher year-on-year.

The AIM-listed group said the market remained "competitive" and said it was "cautious" regarding the outlook, principally due to the "significant uncertainty" caused by Covid-19.

"Orders are concentrated on a limited product range and it is unclear as to the impact that the virus will have on demand going forward," said Slingsby, which also pointed to potential credit-related issues should clients become insolvent and the end of the Brexit transition period as further causes for concern.

Slingsby had net debt of £950,000 as of 31 May, down from £1.3m a year earlier and said it was operating within its existing banking facilities.

As of 0830 BST, Slingsby shares had shot up 17.04% to 79p.

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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.

 

Slingsby H.C Market Data

Currency UK Pounds
Share Price 310.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 310.00p
52 Week Low 190.00p
Volume 0
Shares Issued 1.05m
Market Cap £3.26m
RiskGrade 118

Slingsby H.C Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.75% above the market average72.75% above the market average72.75% above the market average72.75% above the market average72.75% above the market average
57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average
Price Trend
70.13% above the market average70.13% above the market average70.13% above the market average70.13% above the market average70.13% above the market average
48.57% above the sector average48.57% above the sector average48.57% above the sector average48.57% above the sector average48.57% above the sector average
Income Not Available
Growth
95.86% below the market average95.86% below the market average95.86% below the market average95.86% below the market average95.86% 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

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 --2024

Time Volume / Share Price
0 @ 0.000p

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