We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dewhurst Group Plc | LSE:DWHT | London | Ordinary Share | GB0002675048 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,100.00 | 1,050.00 | 1,150.00 | 1,100.00 | 1,100.00 | 1,100.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electrical Machy, Equip, Nec | 57.96M | 5.04M | 0.6279 | 10.75 | 54.14M |
From Apr 2019 to Apr 2024
TIDMDWHT
RNS Number : 2983I
Dewhurst PLC
30 August 2016
Dewhurst PLC
(the "Company")
Trading Update
Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries, is pleased to provide a trading update for the financial year ending 30 September 2016.
The recovery reported at the interim stage has continued through the third quarter and into the fourth to date. Seasonal effects mean that the Company's second half is traditionally stronger than the first half, but the effect is expected to be greater than usual this year.
The UK vote to leave the EU had an immediate effect on the value of the pound. A significant proportion of the Company's sales and earnings are generated in foreign currencies. With the fall in the pound these sales and earnings are worth more to us. If currencies remain broadly at today's level through to the end of September, it will benefit our reported sales and profits for the year, compared to expectations at the half year.
The recent EU Referendum decision has not yet affected Dewhurst's underlying level of business. There have been reports in the media of cancellations and deferrals in commercial property transactions. However, whilst the decision has generated a period of uncertainty, it is too early to speculate what impact, if any, there will be on Dewhurst.
The combined effects of these factors mean that the Board now anticipate full year profits will be significantly higher than current market expectations.
- Ends -
For further details please contact:
Hot Features
Premium
Dewhurst Plc Tel: +44 (0) 208
744 8200
Richard Dewhurst, Chairman
Jared Sinclair, Finance Director
Cantor Fitzgerald Europe Tel: +44 (0) 207
894 7000
David Foreman / Will Goode (Corporate
Finance)
David Banks (Corporate Broking)
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTBUGDIIDDBGLL
(END) Dow Jones Newswires
August 30, 2016 02:00 ET (06:00 GMT)
1 Year Dewhurst Chart |
1 Month Dewhurst Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
