FD Technologies Public Limited Company (FDP)

Sector:

IT Services

Index:

FTSE AIM 50

1,304.00p
   
  • Change Today:
      24.00p
  • 52 Week High: 2,165.00
  • 52 Week Low: 812.00
  • Currency: UK Pounds
  • Shares Issued: 28.17m
  • Volume: 98,130
  • Market Cap: £367.40m
  • RiskGrade: 148

First Derivatives orders slow as it pays no dividend

By Sean Farrell

Date: Tuesday 19 May 2020

LONDON (ShareCast) - (Sharecast News) - First Derivatives said the Covid-19 crisis had caused a slowdown in orders as the data and analytics company opted not to pay a final dividend.
Pretax profit for the year to the end of February rose 9% to £18.3m as revenue also rose 9% to £237.8m.

As announced in April, First Derivatives will pay no final dividend for the year, sending the annual payout down 69% to 8.5p a share. The company's shares fell 14.8% to £24.55 at 12:11 BST.

First Derivatives said Covid-19 had no major impact on revenue to date but that sales cycles had lengthened. The company has suspended non-essential business travel and deferred hiring new graduates. Executive directors will not be paid a bonus for the year that ended in February.

The company, whose customers include banks, hedge funds and exchanges, said under a severe, extended economic downturn it would stay profitable and generate cash.

First Derivatives said: "The group has not seen any material financial impact on revenue to date. Sales cycles across the group have lengthened, and we continue to monitor the impact of this on the likely financial performance for the current year."



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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.

 

FDP Market Data

Currency UK Pounds
Share Price 1,304.00p
Change Today 24.00p
% Change 1.88 %
52 Week High 2,165.00
52 Week Low 812.00
Volume 98,130
Shares Issued 28.17m
Market Cap £367.40m
RiskGrade 148

FDP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.57% below the market average86.57% below the market average86.57% below the market average86.57% below the market average86.57% below the market average
58.54% below the sector average58.54% below the sector average58.54% below the sector average58.54% below the sector average58.54% below the sector average
Price Trend
11.64% below the market average11.64% below the market average11.64% below the market average11.64% below the market average11.64% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Income Not Available
Growth
66.31% below the market average66.31% below the market average66.31% below the market average66.31% below the market average66.31% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average

What The Brokers Say

Strong Buy 1
Buy 4
Neutral 0
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FDP Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Nov-19 20-Jun-19
Paid 05-Dec-19 19-Jul-19
Amount 8.50p 19.30p

Trades for 03-May-2024

Time Volume / Share Price
16:35 18,806 @ 1,304.00p
16:35 12 @ 1,304.00p
16:35 111 @ 1,304.00p
16:35 20 @ 1,304.00p
16:35 81 @ 1,304.00p

FDP Key Personnel

CEO Seamus Keating
Chair Donna Troy
CFO Ryan Preston

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