CML Microsystems (CML)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 280.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 325.00p
  • 52 Week Low: 210.00p
  • Currency: UK Pounds
  • Shares Issued: 15.93m
  • Volume: 2,110
  • Market Cap: £44.62m
  • RiskGrade: 224

CML Microsystems hits four-year low on uncertain outlook

By Benjamin Chiou

Date: Tuesday 19 Nov 2024

LONDON (ShareCast) - (Sharecast News) - The market value of CML Microsystems dropped by a tenth on Tuesday after the semiconductors group reported a halving of profits in its first half amid "subdued" market conditions, and said meeting full-year targets might be "challenging".
The company, which makes mixed-signal, RF and microwave semiconductors for global communications markets, said earnings per share were 4.34p in the six months to 30 September, down from 9.44p the year before, with pre-tax profit slumping to £0.8m from £1.9m.

Revenues were 18% higher at £12.5m, helped by a £3.5m maiden contribution from products associated with CML's acquisition of MwT last October.



However, while sales grew strongly in the UK and Americas divisions, up 28% and 137% respectively, revenues in the "Far East" segment of the business - which accounted for 15% of sales last year - dropped by close to 10% due to tough conditions in China.

Looking ahead, the company said that, if the current trading environment persists, "it will become challenging to meet management's full-year expectations for trading profitability [due to] the investment efforts to unlock future financial and operational gains alongside the protracted US building permit process and related costs".

The stock was down 10.11% at a four-year low of 230.12p by 1222 GMT, extending the year-to-date loss to 39%.

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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.

 

CML Market Data

Currency UK Pounds
Share Price 280.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 325.00p
52 Week Low 210.00p
Volume 2,110
Shares Issued 15.93m
Market Cap £44.62m
RiskGrade 224

CML Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.55% below the market average4.55% below the market average4.55% below the market average4.55% below the market average4.55% below the market average
30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average30.43% below the sector average
Price Trend
10.95% below the market average10.95% below the market average10.95% below the market average10.95% below the market average10.95% below the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average
Income Not Available
Growth
13% below the market average13% below the market average13% below the market average13% below the market average13% below the market average
8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average

CML Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Jul-25 28-Nov-24
Paid 15-Aug-25 13-Dec-24
Amount 6.00p 5.00p

Trades for 29-Aug-2025

Time Volume / Share Price
14:25 900 @ 282.00p
09:35 1,210 @ 273.33p

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