Andrews Sykes Share Discussion Threads

[cwa1] 28/9/2021 07:29

Overview

Andrews Sykes' trading continues to be resilient as sectors in which we trade show ongoing demand, despite the unprecedented challenge in the form of the coronavirus pandemic. We continue to be thankful and proud of our team members as they respond as essential service providers.

The Group's revenue for the 6 months ended 30 June 2021 (the "period") was £35.7 million, an increase of £2.2 million compared with the same period in 2020. Operating profit for the period was £8.0 million compared with £7.0 million in 2020, an increase of £1.0 million, reflecting the increased revenue. Overall, net funds increased by £2.0 million from £7.7m million as at 31 December 2020 to £9.7 million as at 30 June 2021 .

and

Outlook

Whilst certain of the Group's business operations continue to be affected by the coronavirus pandemic, for example the performance of Khansaheb remains depressed compared to historical levels, demand in Europe has increased and the pumps business in the UK continues to perform in line with last year's levels and above pre pandemic levels. Management remains optimistic that the business will continue to improve as the economy recovers fully but are mindful that we live in uncertain times and circumstances can change very quickly .

[cwa1] 27/9/2021 12:51

Minuscule hint of interest today...

[arregius] 20/9/2021 07:59

They have new revenue stream from air quality control from schools and hospitals.They keep investing and growing depots. Thats a good sign...

[cwa1] 15/9/2021 08:33

Can't really help. The only thing I can think of is potential nervousness ahead of imminent Interims? There certainly haven't been many/any pointers since the prelims

[arregius] 15/9/2021 08:28

Any reasons anyone aware of the recent weakness?

[arregius] 13/9/2021 08:11

This company is a very well run company with awesome results. Results expected this end of the month?

[thorpematt] 13/9/2021 02:15

I am not sure that the weather has been favourable for ASY this last period. Nothing too extreme and so I think performance will have been modest.

I do think that air filtration in offices and workplaces may become more ofa priority post covid but that aside I am a long term holder here and thus I buy the dips when and if they present.

[arregius] 10/9/2021 11:11

Pretty weak. Update end of the month? Any expectations?

[cwa1] 17/8/2021 11:20

Regrettably, no insights above and beyond reading recent reports, and looking at the blog you alluded to above. Overall I'm hoping that the relaxation of rules will be starting to see business turn up here and that they will say so in the next report. It i NOT a high conviction but, just hoping for better things

[arregius] 17/8/2021 11:03

Any insights?

[cwa1] 17/8/2021 10:59

Just taken a little sliver here in the hope that it will be coming back from the Coronavirus fighting ahead of next results at the end of September. Fingers crossed

[arregius] 17/8/2021 10:02

https://www.andrews-sykes.com/blog/

[arregius] 11/6/2021 10:07

Does anybody want 300 shares?

[arregius] 22/4/2021 10:32

https://www.andrews-sykes.com/blog/industry-leading-electric-boiler-helps-customers-go-greener/

[arregius] 21/4/2021 13:58

More new products cominghttps://twitter.com/andrewssykes/status/1384846252421132296?s=21

[arregius] 19/4/2021 10:30

https://www.andrews-sykes.com/blog/latest-depot-opening-highlights-ongoing-success-in-italy/

[arregius] 18/4/2021 21:07

When will release results? I am expecting good ones

[ignoble] 28/1/2021 08:50

Indeed, very sad.
42 years or so he was with Sykes

[thorpematt] 28/1/2021 08:44

Sad news this morning indeed.Always brings a perspective when we get an RNS like that.

[arregius] 27/1/2021 11:59

We are trading well

[arregius] 07/1/2021 20:07

https://www.linkedin.com/posts/jamie-smele-90b99436_dewatering-pumpsolutions-sykes-activity-6752562146070020096-T7KhNew Year, New Abu Dhabi Depot!!Khansaheb Sykes continue to invest heavily even during these tough times. Well done to Abu Dhabi Team on moving offices and equipment in such a short time frame.

[lancasterbomber] 31/12/2020 09:16

Gone up 2 days in a row now

[arregius] 17/12/2020 12:50

We finally have a CFO

[adeg] 27/11/2020 08:21

The price will sit at this level until March when the next trading update will come through. Just sit back, let ASY keep generating cash and we just keep taking the dividends.