Tyman (TYMN)

Sector:

Construction and Building Materials

Index:

FTSE 250

407.50p
   
  • Change Today:
      4.00p
  • 52 Week High: 413.50p
  • 52 Week Low: 236.00p
  • Currency: UK Pounds
  • Shares Issued: 196.32m
  • Volume: 215,834
  • Market Cap: £800.01m

Tyman sees 'challenging' markets as profits fall 19%

By Frank Prenesti

Date: Thursday 07 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Door and window parts maker Tyman said it expected a "challenging" market outlook this year as the building sector continued to struggle amid high interest rates and inflation, reflected in a 19% fall in 2023 profits.
Revenues fell 8% to £657.6m after a "significant" reduction in volumes partially offset by the carryover benefit of pricing actions and share gains , Tyman said on Thursday. Pre-tax profit for the full-year came in at £75m.

"The structural growth drivers for the group remain attractive, although leading indicators for our major markets are currently signalling a challenging market outlook for 2024," said chief executive Jason Ashton.

Reporting by Frank Prenesti for Sharecast.com

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

 

Tyman Market Data

Currency UK Pounds
Share Price 407.50p
Change Today 4.00p
% Change 0.99 %
52 Week High 413.50p
52 Week Low 236.00p
Volume 215,834
Shares Issued 196.32m
Market Cap £800.01m

Tyman Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.63% above the market average65.63% above the market average65.63% above the market average65.63% above the market average65.63% above the market average
10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average10.53% above the sector average
Price Trend
88.37% above the market average88.37% above the market average88.37% above the market average88.37% above the market average88.37% above the market average
79.49% above the sector average79.49% above the sector average79.49% above the sector average79.49% above the sector average79.49% above the sector average
Income
40.74% above the market average40.74% above the market average40.74% above the market average40.74% above the market average40.74% above the market average
3.23% above the sector average3.23% above the sector average3.23% above the sector average3.23% above the sector average3.23% above the sector average
Growth
85.6% below the market average85.6% below the market average85.6% below the market average85.6% below the market average85.6% below the market average
84.21% below the sector average84.21% below the sector average84.21% below the sector average84.21% below the sector average84.21% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 3
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.

Tyman Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 03-Aug-23
Paid 29-May-24 08-Sep-23
Amount 9.50p 4.20p

Trades for 26-Jul-2024

Time Volume / Share Price
16:37 673 @ 407.50p
16:35 66,399 @ 407.50p
16:35 4 @ 407.50p
16:35 1,534 @ 407.50p
16:35 343 @ 407.50p

Tyman Key Personnel

CFO Jason Ashton
CEO Rutger Helbing

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