Marlowe (MRL)

Sector:

Support

Index:

FTSE AIM 100

 524.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 666.00
  • 52 Week Low: 314.00
  • Currency: UK Pounds
  • Shares Issued: 96.86m
  • Volume: 475,585
  • Market Cap: £507.53m

Marlowe buys Surrey-based water hygiene firm Musketeer

By Josh White

Date: Thursday 27 May 2021

LONDON (ShareCast) - (Sharecast News) - Safety and compliance software and services company Marlowe has acquired water hygiene, treatment and compliance provider Musketeer Services, it announced on Thursday, for an enterprise value of £3.75m.
The AIM-traded firm said the Surrey-based Musketeer, founded in 1996, employs about 40 staff.

For the year ended 31 March 2020, Musketeer generated adjusted EBITDA of £0.7m and a statutory profit before tax of £0.4m, on revenues of £3.3m.

Net assets at that date totalled £1.1m.

Marlowe said it would fund the acquisition from its existing cash resources.

"The acquisition provides attractive synergies with WCS Group, Marlowe's water and air hygiene platform," the board said in its statement.

At 1228 BST, shares in Marlowe were up 0.78% at 780p.

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

 

Marlowe Market Data

Currency UK Pounds
Share Price 524.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 666.00
52 Week Low 314.00
Volume 475,585
Shares Issued 96.86m
Market Cap £507.53m

Marlowe Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.51% below the market average27.51% below the market average27.51% below the market average27.51% below the market average27.51% below the market average
1.1% below the sector average1.1% below the sector average1.1% below the sector average1.1% below the sector average1.1% below the sector average
Price Trend
18.36% below the market average18.36% below the market average18.36% below the market average18.36% below the market average18.36% below the market average
43.43% below the sector average43.43% below the sector average43.43% below the sector average43.43% below the sector average43.43% below the sector average
Income Not Available
Growth
69.00% above the market average69.00% above the market average69.00% above the market average69.00% above the market average69.00% above the market average
71.72% above the sector average71.72% above the sector average71.72% above the sector average71.72% above the sector average71.72% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marlowe Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
13:38 53,494 @ 524.00p
16:37 10,518 @ 524.00p
16:36 5,000 @ 524.00p
16:36 5,000 @ 524.00p
16:35 5,000 @ 524.00p

Marlowe Key Personnel

CFO Adam Councell

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