Driver Group (DRV)

Sector:

Support

Index:

FTSE AIM All-Share

 24.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 33.00
  • 52 Week Low: 22.30
  • Currency: UK Pounds
  • Shares Issued: 52.61m
  • Volume: 5,000
  • Market Cap: £12.89m
  • RiskGrade: 169

Driver Group declares dividend after fall in revenue, earnings

By Josh White

Date: Monday 24 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Engineering and construction consultancy Driver Group reported an 8% decrease in revenue in its preliminary results on Monday, as it declared a final dividend of 0.75p per share.
The AIM-traded firm said its underlying profit before tax decreased 20% to £2m for the 12 months ended 30 September, while its profit for the year fell to £1.1m from £1.3m.

Net cash narrowed to £6.5m from £8.2m year-on-year, while its workforce utilisation increased to 72.4% from 72%.

Earnings per share slipped to 2.1p, from 2.6p for the 2020 financial year.

"I am pleased to report another positive result for the group during unprecedented times and would like to pay tribute to our amazing staff, who have continued to respond with extraordinary dedication and professionalism to the challenges caused by the pandemic," said chief executive officer Mark Wheeler.

"The business remains focussed on higher margin work and opportunities and we have seen further growth in our number of Diales experts and Diales revenue."

At 1139 GMT, shares in Driver Group were down 6.47% at 47p.

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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.

 

Driver Group Market Data

Currency UK Pounds
Share Price 24.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 33.00
52 Week Low 22.30
Volume 5,000
Shares Issued 52.61m
Market Cap £12.89m
RiskGrade 169

Driver Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.68% above the market average48.68% above the market average48.68% above the market average48.68% above the market average48.68% above the market average
57.78% above the sector average57.78% above the sector average57.78% above the sector average57.78% above the sector average57.78% above the sector average
Price Trend
36.91% below the market average36.91% below the market average36.91% below the market average36.91% below the market average36.91% below the market average
44.55% below the sector average44.55% below the sector average44.55% below the sector average44.55% below the sector average44.55% below the sector average
Income
21.31% above the market average21.31% above the market average21.31% above the market average21.31% above the market average21.31% above the market average
16.92% above the sector average16.92% above the sector average16.92% above the sector average16.92% above the sector average16.92% above the sector average
Growth
74.91% below the market average74.91% below the market average74.91% below the market average74.91% below the market average74.91% below the market average
88% below the sector average88% below the sector average88% below the sector average88% below the sector average88% below the sector average

Driver Group Dividends

  Latest Previous
  Final Interim
Ex-Div 29-Feb-24 21-Sep-23
Paid 11-Apr-24 27-Oct-23
Amount 0.75p 0.75p

Trades for 28-Mar-2024

Time Volume / Share Price
13:34 5,000 @ 24.80p

Driver Group Key Personnel

CFO Charlotte Parsons

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