Thorpe (F.W.) (TFW)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM 50

 465.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 520.00
  • 52 Week Low: 321.00
  • Currency: UK Pounds
  • Shares Issued: 117.01m
  • Volume: 7,361
  • Market Cap: £544.10m
  • RiskGrade: 81
  • Beta: 0.43

FW Thorpe revenue surpasses last year's highs

By Josh White

Date: Tuesday 05 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Professional lighting company FW Thorpe said in its final results on Tuesday that revenue for its financial year had surpassed last year's high, supported by large-scale orders and by service income.
The AIM-traded firm said revenue for the year ended 30 June was up 4% year-on-year, at £117.9m, as its operating profit before exceptional items was 17.7% firmer at £19.2m, with no financial impact from the fire at its Lightronics operation.

Profit before tax grew 26.3% to £20.1m, which included an exceptional profit due to insurance claims from the fire of £1.6m.

Net cash generated from operating activities remained strong at £21.9m, up from £19.4m in the 2020 financial year,

The board said the total interim and final dividend for the year was 2.5% higher at 5.8p, with the final dividend rising to 4.31p from 4.2p, and a special dividend of 2.2p being paid, having last been made in 2016.

Its directors described a "solid start" to the 2022 financial year, with an operating performance in line with the start of last year.

"Whilst still carrying some increased manufacturing costs, all companies are capable of producing increased revenue in the coming year," said chairman and joint chief executive Mike Allcock.

"The group as a whole commenced the new year with a good order book, especially at Thorlux Lighting.

"There remain some difficulties, though, caused by component supply shortages, some capacity restraints and ongoing Covid-19-related disruption."

At 0842 BST, shares in FW Thorpe were up 2.95% at 446.8p.

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.

 

Thorpe (F.W.) Market Data

Currency UK Pounds
Share Price 465.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 520.00
52 Week Low 321.00
Volume 7,361
Shares Issued 117.01m
Market Cap £544.10m
Beta 0.43
RiskGrade 81

Thorpe (F.W.) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.66% below the market average80.66% below the market average80.66% below the market average80.66% below the market average80.66% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
75.92% above the market average75.92% above the market average75.92% above the market average75.92% above the market average75.92% above the market average
45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average
Income
3.34% below the market average3.34% below the market average3.34% below the market average3.34% below the market average3.34% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
35.82% above the market average35.82% above the market average35.82% above the market average35.82% above the market average35.82% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

Thorpe (F.W.) Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Oct-21 01-Apr-21
Paid 25-Nov-21 23-Apr-21
Amount 4.31p 1.49p

Trades for 29-Nov-2021

Time Volume / Share Price
10:52 4,270 @ 473.70p
10:29 4 @ 463.00p
09:26 44 @ 474.00p
09:26 121 @ 473.70p
09:07 264 @ 474.99p

Top of Page