Gattaca (GATC)

Sector:

Support

Index:

FTSE AIM All-Share

 106.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 146.00
  • 52 Week Low: 77.50
  • Currency: UK Pounds
  • Shares Issued: 31.52m
  • Volume: 300
  • Market Cap: £33.57m

Gattaca net fee income drops following office shutdowns

By Iain Gilbert

Date: Thursday 07 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Engineering and technology sector recruitment business Gattaca saw continuing net fee income move ahead slightly in the six months ended 31 January.
However, Gattaca revealed that total group NFI was 3% lower year-on-year at £38.5m as a result of the discontinuation of operations in telecom infrastructure contractor work in Africa, Asia and Latin America as well as the closure of offices in Dubai, Malaysia and Qatar.

UK engineering NFI grew 3% to £24.9m, with strong performances from the AIM-listed firm's infrastructure, maritime and engineering technology units.

International NFI grew 15% to £5.1m, driven by the Americas and China.

Looking forward, Gattaca said its full-year outlook continued to be "in line with the board's expectations".

Chief executive Kevin Freeguard said: "The first half of FY19 was a period of progress for the group, as the restructuring we undertook in Q1 began to bear fruit. The group has performed in line with expectations, with UK Engineering delivering solid growth and our international operations which continue to grow strongly."

"The progress made on net debt is positive and our full-year outlook remains in line with the Board's expectations. I look forward to updating the market further in April."

As of 1030 GMT, Gattaca shares had slipped 0.51% to 110.68p.

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Gattaca Market Data

Currency UK Pounds
Share Price 106.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 146.00
52 Week Low 77.50
Volume 300
Shares Issued 31.52m
Market Cap £33.57m

Gattaca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.49% below the market average47.49% below the market average47.49% below the market average47.49% below the market average47.49% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
60.00% above the market average60.00% above the market average60.00% above the market average60.00% above the market average60.00% above the market average
34.65% above the sector average34.65% above the sector average34.65% above the sector average34.65% above the sector average34.65% above the sector average
Income
6.94% above the market average6.94% above the market average6.94% above the market average6.94% above the market average6.94% above the market average
13.85% below the sector average13.85% below the sector average13.85% below the sector average13.85% below the sector average13.85% below the sector average
Growth
7.87% below the market average7.87% below the market average7.87% below the market average7.87% below the market average7.87% 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

What The Brokers Say

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

Gattaca Dividends

  Latest Previous
  Final Special
Ex-Div 02-Nov-23 02-Nov-23
Paid 15-Dec-23 15-Dec-23
Amount 2.50p 2.50p

Trades for 28-Mar-2024

Time Volume / Share Price
13:50 300 @ 103.00p

Gattaca Key Personnel

CEO Matt Wragg
CFO Oliver Whittaker

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