Equals Group (EQLS)

Sector:

Financials

Index:

FTSE AIM All-Share

103.20p
   
  • Change Today:
    -1.30p
  • 52 Week High: 131.50
  • 52 Week Low: 93.00
  • Currency: UK Pounds
  • Shares Issued: 187.63m
  • Volume: 145,597
  • Market Cap: £193.63m
  • RiskGrade: 292

Equals Q1 revenues grow, granted extension to PUSU deadline

By Iain Gilbert

Date: Wednesday 20 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Financial services company Equals Group said on Wednesday that revenues had grown by more than a quarter in the first three months of its fiscal year as a result of "robust" trading across the business, with particularly strong growth from its solutions unit.
Equals said quarterly revenues hit £22.2m in the period ended 15 March, up 28% year-on-year

The AIM-listed group told investors that it remains confident in its growth prospects and expects its strong performance to continue throughout the remainder of the year.

Equals, which previously announced a strategic review to explore potential options to maximise shareholder value, including a possible sale of the company, has been in discussions with a limited number of potential counter-parties, including Madison Dearborn Partners.

To allow more time for these discussions to take place, Equals has been granted an extension to the "put up or shut up" deadline by the Panel on Takeovers and Mergers. Madison Dearborn Partners now has until 17 April to either announce a firm intention to make an offer for Equals or not.

As of 1010 GMT, Equals shares were up 3.47% at 113.30p.







Reporting by Iain Gilbert at Sharecast.com

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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.

 

Equals Group Market Data

Currency UK Pounds
Share Price 103.20p
Change Today -1.30p
% Change -1.24 %
52 Week High 131.50
52 Week Low 93.00
Volume 145,597
Shares Issued 187.63m
Market Cap £193.63m
RiskGrade 292

Equals Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.21% below the market average75.21% below the market average75.21% below the market average75.21% below the market average75.21% below the market average
79.63% below the sector average79.63% below the sector average79.63% below the sector average79.63% below the sector average79.63% below the sector average
Price Trend
18.93% above the market average18.93% above the market average18.93% above the market average18.93% above the market average18.93% above the market average
6.90% above the sector average6.90% above the sector average6.90% above the sector average6.90% above the sector average6.90% above the sector average
Income
15.80% above the market average15.80% above the market average15.80% above the market average15.80% above the market average15.80% above the market average
19.4% below the sector average19.4% below the sector average19.4% below the sector average19.4% below the sector average19.4% below the sector average
Growth
99.00% above the market average99.00% above the market average99.00% above the market average99.00% above the market average99.00% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

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

Equals Group Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 16-Nov-23
Paid 28-Jun-24 07-Dec-23
Amount 1.00p 0.50p

Trades for 18-Jun-2024

Time Volume / Share Price
12:23 5,000 @ 103.52p
12:23 10,000 @ 104.00p
12:23 10,000 @ 104.00p
12:18 4,000 @ 103.10p
12:11 2 @ 104.00p

Equals Group Key Personnel

CEO Ian Alexander Irving Strafford Taylor

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