Share Name Share Symbol Market Type Share ISIN Share Description
Berendsen LSE:BRSN London Ordinary Share GB00B0F99717 ORD 30P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -0.06% 796.00p 795.50p 796.00p 797.00p 793.00p 797.00p 53,002 11:22:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 1,110.0 120.3 53.3 14.9 1,374.04

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Date Time Title Posts
23/4/201711:15Berendsen plc_European textile services group298.00
11/3/201708:39BRSN Broker Ratings - STRONG BUY2.00

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Berendsen (BRSN) Top Chat Posts

DateSubject
25/4/2017
09:20
Berendsen Daily Update: Berendsen is listed in the Support Services sector of the London Stock Exchange with ticker BRSN. The last closing price for Berendsen was 796.50p.
Berendsen has a 4 week average price of 722p and a 12 week average price of 722p.
The 1 year high share price is 1,371p while the 1 year low share price is currently 722p.
There are currently 172,617,754 shares in issue and the average daily traded volume is 1,111,364 shares. The market capitalisation of Berendsen is £1,370,584,966.76.
01/4/2017
08:36
mattcookson: Turnaround potential Berendsen’s (LSE: BRSN) share price has slumped by almost 10% since the company warned about the cost of legacy issues from its UK textiles businesses earlier this month. As a result of increased levels of machine downtime, and bottle necks caused by inefficient machinery relating to its UK operations, adjusted operating profit for 2017 is expected to be approximately £150m, down from £161m in 2016. However, looking forward, I’m optimistic about its longer term growth prospects despite recent setbacks. Revenue continues to grow as Berendsen continues to expand into new markets, and the company has a turnaround plan for its lagging UK business — it intends to invest some £450m in improving its operational efficiency. The company has a strong track record in delivering earnings growth, with a five-year compound annual growth rate (CAGR) in earnings per share of over 13.2%. At a current price of 842p, its shares trade at 12.9 times its consensus forecast for full-year earnings per share of 65.1p. That’s a big discount to the sector average of 17.2 times, and seems unfair given its turnaround potential and above-average dividend yield. Shares in Berendsen yield 4.0%, with a dividend payout ratio of 52%. Read full article here: http://www.fool.co.uk/investing/2017/03/16/2-beaten-down-shares-with-dividend-growth-potential-2/
31/3/2017
14:46
grahamburn: This may well be a medium term recovery stock, but IMO the analysts are on reasonably firm grounds when they all seem to agree that the next couple of years will be tough in terms of bottom line results. Improving the performance in the UK isn't going to be a cost-free exercise. Having said that, IMO the board will do all in their power to maintain the dividend pay out. That should support the share price, but any significant uplift in it is unlikely in the short term.
25/3/2017
17:30
grahamburn: I think you have missed the potential drag of the legacy issues in the UK operations which are going to take considerable investment and time to resolve. The full statement spent many paragraphs discussing these issues. I do accept, however, that in the medium term business has genuine potential for income and growth. It's just that, though a long term holder, I do not see much upside in the short term, especially as the share price has - as you say - shown some recovery since the results. PS The fact that the ex-dividend date is fast approaching doesn't necessarily mean there will be uplift before then. Save for a very few income funds, there is little point for the average investor to buy now simply to get a little of your own money back in a few weeks time in the form of a dividend. Far better to buy cheaper after the ex date!
25/3/2017
13:50
grahamburn: No need to look anywhere other than advfn - the RNS is listed under the News Tab as usual. The buy is, indeed, significant and substantial. However, in the current uncertain climate and based on the recent results, IMO any significant rise in the share price is unlikely - though you can always be an optimist until the real world kicks in.
04/3/2017
08:37
blueliner: From StockMarketWire.com Operating profit at industrial linen processor Berendsen (BRSN) was up 5% to £161m last year, but excluding currency exchange rates, this was actually 4% lower. The market was not fooled and the share price fell by 11.4% to 823.5p.
06/10/2012
23:26
philanderer: October 2012: Director Magazine Berendsen by Malcolm Craig My tip this month is textile cleaning services group Berendsen for four good reasons, which should see the company share price hit 650p over the next year: • Profitability on the rise. Berendsen saw its latest half-year pre-tax profits rise by over one fifth to nearly £40m. Profit margins are rising in the core business by 110 basis points to 17.3 per cent. •Last year saw a change in company policy, which is reaping rewards already. The company split away its growth businesses – comprising work wear, washroom and clean-room products, hotels and healthcare – from its 'manage-for-value' businesses. • The latter will have lower investment and will concentrate on cash generation. These include the linen operations outside the UK and the clinical and decontamination businesses in the UK. These contribute to nearly one third of the revenue. • Berendsen gets nearly 40 per cent of revenues from overseas. This exposes it to weakness in the Eurozone but no analyst has reduced the growth forecast. Buy Berendsen at best with a 20 per cent stop/loss trigger to protect you against any major market fallbacks. Stockmarket and alternative investments can fall as well as rise in value. Readers should consult their own professional advisers. http://www.director.co.uk/MAGAZINE/2012/10_October/stock_options_66_02.html
18/1/2011
20:35
blueliner: Didn't realise a name change could have such an effect on a share price, blown the 'naked trader's' short completely out of the water.
Berendsen share price data is direct from the London Stock Exchange
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