Tyman (TYMN)

Sector:

Construction and Building Materials

Index:

FTSE 250

383.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 396.50
  • 52 Week Low: 236.00
  • Currency: UK Pounds
  • Shares Issued: 196.80m
  • Volume: 288,587
  • Market Cap: £754.73m

Italy's Tyman buys Giesse

By Renae Dyer

Date: Tuesday 08 Mar 2016

LONDON (ShareCast) - (ShareCast News) - Tyman, maker of components for doors and windows, has bought Giesse at an enterprise value of €78.9m (£51.39m).
The Italian-based company said it believes Giesse, a manufacturer of hardware for aluminium windows and doors, will provide a number of operational and financial benefits.

The acquisition represents a multiple of 7.31x Giesse's adjusted earnings before interest, tax, interest and depreciation (EBITDA) for the year ended 31 December 2015.

Giesse recorded adjusted EBITDA of €10.8m in 2015, up from €7.1m the prior year.

"The acquisition will be immediately accretive to the group's underlying earnings per share following completion...", Tyman said in a statement.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Tyman Market Data

Currency UK Pounds
Share Price 383.50p
Change Today 0.50p
% Change 0.13 %
52 Week High 396.50
52 Week Low 236.00
Volume 288,587
Shares Issued 196.80m
Market Cap £754.73m

Tyman Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.24% above the market average61.24% above the market average61.24% above the market average61.24% above the market average61.24% above the market average
7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average
Price Trend
92.49% above the market average92.49% above the market average92.49% above the market average92.49% above the market average92.49% above the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average
Income
38.77% above the market average38.77% above the market average38.77% above the market average38.77% above the market average38.77% above the market average
17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average17.65% below the sector average
Growth
85.46% below the market average85.46% below the market average85.46% below the market average85.46% below the market average85.46% below the market average
90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tyman Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 03-Aug-23
Paid 29-May-24 08-Sep-23
Amount 9.50p 4.20p

Trades for 10-May-2024

Time Volume / Share Price
15:18 21 @ 383.50p
15:10 35,000 @ 384.00p
15:10 35,000 @ 384.00p
15:02 5 @ 383.78p
14:54 769 @ 384.00p

Tyman Key Personnel

CFO Jason Ashton
CEO Rutger Helbing

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