Record (REC)

Sector:

Financials

Index:

FTSE Small Cap

68.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 87.20
  • 52 Week Low: 58.00
  • Currency: UK Pounds
  • Shares Issued: 199.05m
  • Volume: 55,520
  • Market Cap: £135.36m

Record H1 pre-tax profits double on improved revenue and margins

By Iain Gilbert

Date: Tuesday 23 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Management consulting company Record said on Tuesday that pre-tax profits had doubled in the six months ended 30 September thanks to improved revenues and increased operating margins.
Record stated that interim pre-tax profits had increased 100% to £5.2m during the half, driven by a 38% improvement in revenues to £16.3m and a widening of its operating margin from 22% to 32%.

Basic earnings per share also improved, up from 1.10p at the midway point of 2020 to 2.08p in 2021.

As a result, Record said it had opted to hike its interim dividend by 56% to 1.80p per share.

Chief executive Leslie Hill said: "Over the last 18 months, our business has faced this challenge head-on and we have now started to see the tangible benefits in the form of a more diversified business aligned with stronger financial performance.

"Such transformational change is never easy. However, we have an excellent team and strong relationships both with clients and our partners, which I believe will continue to deliver growth and achieve our goal of building a more modern, profitable and diversified business."

As of 0935 GMT, Record shares were up 8.45% at 77.0p.

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

 

Record Market Data

Currency UK Pounds
Share Price 68.00p
Change Today -1.00p
% Change -1.45 %
52 Week High 87.20
52 Week Low 58.00
Volume 55,520
Shares Issued 199.05m
Market Cap £135.36m

Record Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.19% above the market average5.19% above the market average5.19% above the market average5.19% above the market average5.19% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
35.45% below the market average35.45% below the market average35.45% below the market average35.45% below the market average35.45% below the market average
27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average27.59% below the sector average
Income
69.33% above the market average69.33% above the market average69.33% above the market average69.33% above the market average69.33% above the market average
32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average
Growth
18.24% below the market average18.24% below the market average18.24% below the market average18.24% below the market average18.24% below the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average

What The Brokers Say

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

Record Dividends

  Latest Previous
  Final Special
Ex-Div 11-Jul-24 11-Jul-24
Paid 02-Aug-24 02-Aug-24
Amount 2.45p 0.60p

Trades for 18-Jul-2024

Time Volume / Share Price
16:35 861 @ 68.00p
16:35 1 @ 68.00p
16:35 208 @ 68.00p
16:35 8 @ 68.00p
16:35 161 @ 68.00p

Record Key Personnel

CEO Jan Witte
CFO Richard Heading

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