By Frank Prenesti
Date: Thursday 18 May 2023
LONDON (ShareCast) - (Sharecast News) - Shares in Genuit Group spiked almost 8% on Thursday as the plastic pipe and ventilation products maker said annual earnings would be slightly ahead of consensus.
In a trading update for the four months to April 30, the company said revenue fell 3.8% to £201, and 4.7% on a like for like basis, driven by an 11% fall in volumes offset by higher prices in response to inflationary pressures.
EBIT consensus as compiled by Genuit, formerly known as Polypipe, is £84m with a range of £70 - £96m.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | 434.00p |
Change Today | -6.00p |
% Change | -1.36 % |
52 Week High | 451.00 |
52 Week Low | 261.50 |
Volume | 189,621 |
Shares Issued | 248.16m |
Market Cap | £1,077.01m |
RiskGrade | 82 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 5 |
Buy | 1 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 8 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 02-May-24 | 31-Aug-23 |
Paid | 05-Jun-24 | 27-Sep-23 |
Amount | 8.30p | 4.10p |
Time | Volume / Share Price |
16:35 | 132,390 @ 434.00p |
16:35 | 126 @ 434.00p |
16:35 | 38 @ 434.00p |
16:35 | 34 @ 434.00p |
16:35 | 128 @ 434.00p |
Chair | Kevin Boyd |
CEO | Joe Vorih |
CFO | Tim Pullen |
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