Redde Northgate (REDD)

Sector:

Commercial Transport

Index:

FTSE 250

430.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 430.84
  • 52 Week Low: 311.50
  • Currency: UK Pounds
  • Shares Issued: 226.63m
  • Volume: 426,594
  • Market Cap: £974.50m
  • RiskGrade: 169

Dividend Data

  30-Apr-2330-Apr-2230-Apr-2130-Apr-2030-Apr-19
Interim Dividend7.50p6.00p3.40p6.30p1.30p
Final Dividend16.50p15.00p12.00p6.80p12.10p
Total Dividend24.00p21.00p15.40p13.10p18.30p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Apr-23 30-Apr-22 30-Apr-21 30-Apr-20 30-Apr-19
Continuing Operations          
Revenue 1,489.75 1,243.56 1,109.50 779.35 745.47
Operating Profit/(Loss) 199.52 146.53 77.92 28.92 75.49
Net Interest (23.32) (18.07) (16.60) (15.82) (15.09)
Profit Before Tax 178.73 132.69 67.18 13.48 60.41
Profit After Tax 139.24 101.54 65.57 7.68 51.42
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 139.24 101.54 65.57 7.68 51.42
Attributable to:          
Equity Holders of Parent Company 139.24 101.54 65.57 7.68 51.42
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 60.30p 41.30p 26.60p 5.00p 38.60p
Earnings per Share - Diluted 58.70p 40.40p 26.20p 4.00p 37.80p
Earnings per Share - Adjusted 55.60p 50.80p 31.00p 30.80p 38.60p
Continuing and Discontinued EPS          
Earnings per Share - Basic 60.30p 41.30p 26.60p 5.00p 38.60p
Earnings per Share - Diluted 58.70p 40.40p 26.20p 4.00p 37.80p
Earnings per Share - Adjusted 55.60p 50.80p 31.00p 30.80p 38.60p
           
Dividend per Share 24.00p 21.00p 15.40p 13.10p 18.30p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Apr-23 30-Apr-22 30-Apr-21 30-Apr-20 30-Apr-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 1,332.92 1,161.92 1,083.92 1,061.76 969.18
Intangible Assets 241.70 266.24 285.33 301.82 15.08
Investment Properties n/a n/a n/a n/a n/a
Investments 5.21 5.84 6.05 n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 2.06 3.17 4.83 16.14 6.62
  1,581.89 1,437.17 1,380.13 1,379.72 990.88
Current Assets          
Inventories 54.54 18.70 21.55 48.76 29.83
Trade & Other Receivables 441.28 359.05 302.35 295.77 71.80
Cash at Bank & in Hand 14.12 24.56 11.17 67.84 35.74
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 14.95 7.43 n/a n/a 0.12
  524.89 409.74 335.06 412.37 137.49
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,106.78 1,846.91 1,715.19 1,792.09 1,128.37
           
Liabilities          
Current Liabilities          
Borrowings 63.57 73.53 44.53 88.38 44.19
Other Current Liabilities 345.71 250.16 230.23 238.29 85.99
  409.28 323.69 274.76 326.66 130.18
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 644.98 533.58 496.98 555.33 428.41
Provisions 57.92 38.38 31.47 38.52 5.25
Other Non-Current Liabilities n/a 4.51 3.85 n/a 0.91
  702.90 576.46 532.30 593.86 434.57
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,112.18 900.15 807.06 920.52 564.75
           
Net Assets 994.59 946.76 908.13 871.57 563.62
           
Capital & Reserves          
Share Capital 123.05 123.05 123.05 123.05 66.62
Share Premium Account 113.51 113.51 113.51 113.51 113.51
Other Reserves 257.77 297.87 319.83 324.73 59.65
Retained Earnings 500.27 412.33 351.75 310.28 323.84
Shareholders Funds 994.59 946.76 908.13 871.57 563.62
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 994.59 946.76 908.13 871.57 563.62
Cash Flow 30-Apr-23 30-Apr-22 30-Apr-21 30-Apr-20 30-Apr-19
Net Cash Flow From Operating Activities 84.32 127.64 137.88 33.70 38.53
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (15.21) (47.44) 20.29 0.81 (14.89)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (72.99) (71.41) (167.85) (17.76) (37.26)
Net Increase/Decrease In Cash (3.87) 8.80 (9.68) 16.75 (13.62)
Ratios - based on IFRS 30-Apr-23 30-Apr-22 30-Apr-21 30-Apr-20 30-Apr-19
Continuing Operations          
PE Ratio - Adjusted 6.8 7.8 11.7 5.8 9.5
PEG - Adjusted 0.8 0.1 11.7 n/a 0.9
Earnings per Share Growth - Adjusted 9% 64% 1% -20% 11%
Dividend Cover 2.32 2.42 2.01 2.35 2.11
Revenue per Share 645.53p 505.52p 4.55p 504.40p 328.94p
Pre-Tax Profit per Share 77.44p 53.94p 0.28p 8.72p 26.66p
Operating Margin 13.39% 11.78% 7.02% 3.71% 10.13%
Return on Capital Employed 13.30% 11.37% 0.07% 2.34% 7.36%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 6.8 7.8 1,163.3 5.8 9.5
PEG - Adjusted 0.8 0.0 n/a n/a 0.9
Earnings per Share Growth - Adjusted 9% 16,134% -99% -20% 11%
Dividend Cover 2.32 2.42 0.02 2.35 2.11
           
Dividend Yield 6.4% 5.3% 4.2% 7.3% 5.0%
Dividend per Share Growth 14.29% 36.36% 17.56% (28.42%) 3.39%
Operating Cash Flow per Share 36.54p 51.89p 56.03p 21.81p 17.00p
Cash Incr/Decr per Share (1.68p) 3.58p (0.040p) 10.84p (6.01p)
Net Asset Value per Share (exc. Intangibles) 326.24p 276.64p 253.07p 368.75p 242.04p
Net Gearing 69.82% 61.53% 58.40% 66.07% 77.51%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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