IntegraFin Holding (IHP)

Sector:

Financials

Index:

FTSE 250

358.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 358.50
  • 52 Week Low: 211.60
  • Currency: UK Pounds
  • Shares Issued: 331.32m
  • Volume: 620,958
  • Market Cap: £1,186.13m
  • RiskGrade: 134

IntegraFin tumbles on downbeat outlook

By Michele Maatouk

Date: Thursday 26 May 2022

LONDON (ShareCast) - (Sharecast News) - IntegraFin shares tumbled on Thursday after the Transact owner struck a downbeat note on the outlook in its first-half results.
In the six months to the end of March, pre-tax profit ticked up 2% to £31.7m and net inflows grew 16% to £2.68bn. Revenue rose 13% to £67m.

Meanwhile, pre-tax profit for the Transact platform was ahead 10% at £33.7m and gross inflows for the first half year were a record £4.07bn.

Chief executive officer Alex Scott said: "We are pleased to announce our results for the first half of the year. In a challenging environment we have continued to grow group revenue and profits.

"Our Transact platform has delivered its highest ever gross and net inflows. This is despite reduced market confidence in the second quarter, driven by geopolitical events and rising inflation."

However, Scott also noted that the general economic outlook had deteriorated compared to the same period a year earlier.

"We have negotiated the safe return of staff to our offices and the implementation of flexible working plans, whilst continuing to deliver award winning services, but now we are faced with major global uncertainty arising from Russia's invasion of Ukraine and the significant, resultant effects," he said.

When added to existing inflationary pressures, these are negative drivers for Transact revenue and all round expenses, Scott said. IntegraFin's Transact investment platform is the primary driver of group revenue and profitability.

At 0935 BST, the shares were down 14% at 303.20p.

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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.

 

IHP Market Data

Currency UK Pounds
Share Price 358.00p
Change Today 3.00p
% Change 0.85 %
52 Week High 358.50
52 Week Low 211.60
Volume 620,958
Shares Issued 331.32m
Market Cap £1,186.13m
RiskGrade 134

IHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.28% below the market average91.28% below the market average91.28% below the market average91.28% below the market average91.28% below the market average
96.3% below the sector average96.3% below the sector average96.3% below the sector average96.3% below the sector average96.3% below the sector average
Price Trend
75.45% above the market average75.45% above the market average75.45% above the market average75.45% above the market average75.45% above the market average
61.74% above the sector average61.74% above the sector average61.74% above the sector average61.74% above the sector average61.74% above the sector average
Income
3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average3.65% below the market average
76.12% below the sector average76.12% below the sector average76.12% below the sector average76.12% below the sector average76.12% below the sector average
Growth
14.94% above the market average14.94% above the market average14.94% above the market average14.94% above the market average14.94% above the market average
37.61% above the sector average37.61% above the sector average37.61% above the sector average37.61% above the sector average37.61% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 7
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IHP Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 06-Jun-24 21-Dec-23
Paid 05-Jul-24 26-Jan-24
Amount 3.20p 7.00p

Trades for 24-May-2024

Time Volume / Share Price
16:35 129,223 @ 358.00p
16:35 8 @ 358.00p
16:35 118 @ 358.00p
16:35 273 @ 358.00p
16:35 2,412 @ 358.00p

IHP Key Personnel

CEO Alexander Scott
Chair Richard Cranfield
CFO Euan Marshall

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