Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

430.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 521.00
  • 52 Week Low: 340.00
  • Currency: UK Pounds
  • Shares Issued: 103.25m
  • Volume: 1,239,615
  • Market Cap: £443.98m

Midwich trading in line as acquisitions develop

By Duncan Ferris

Date: Monday 22 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Midwich Group reported that its revenues and margins grew in the first half of the year after recent acquisitions made strong contributions on Monday, though its full-year expectations remained unchanged.
The specialist audio visual distributor said growth was achieved across all geographies on a constant currency basis for the six months ended 30 June, with Continental Europe and the Asia Pacific region performing particularly well following investment in start-up businesses in South East Asia.

Four acquisitions made in the year-to-date were developing as expected, with the new businesses having given the AIM-traded company access to trading in Italy, Switzerland and Norway, as well as strengthening its capabilities in the audio and lighting segments.

Cash generation in the first half was slightly ahead of expectations, but was expected to be in line with forecasts over the full year.

Midwich Group's shares were up 0.73% at 554.00p at 1559 BST.

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

 

Midwich Group Market Data

Currency UK Pounds
Share Price 430.00p
Change Today 15.00p
% Change 3.61 %
52 Week High 521.00
52 Week Low 340.00
Volume 1,239,615
Shares Issued 103.25m
Market Cap £443.98m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.74% below the market average60.74% below the market average60.74% below the market average60.74% below the market average60.74% below the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average
Price Trend
15.43% below the market average15.43% below the market average15.43% below the market average15.43% below the market average15.43% below the market average
10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average
Income
49.24% above the market average49.24% above the market average49.24% above the market average49.24% above the market average49.24% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Growth
42.84% above the market average42.84% above the market average42.84% above the market average42.84% above the market average42.84% above the market average
28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Midwich Group Dividends

  Latest Previous
  Final Interim
Ex-Div 09-May-24 21-Sep-23
Paid 14-Jun-24 27-Oct-23
Amount 11.00p 5.50p

Trades for 28-Mar-2024

Time Volume / Share Price
11:14 232,984 @ 411.00p
16:35 736 @ 430.00p
16:35 147 @ 430.00p
16:35 93 @ 430.00p
16:35 33 @ 430.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

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