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MIDW Midwich Group Plc

433.00
6.00 (1.41%)
Last Updated: 15:18:19
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Midwich Group Plc MIDW London Ordinary Share
  Price Change Price Change % Share Price Last Trade
6.00 1.41% 433.00 15:18:19
Open Price Low Price High Price Close Price Previous Close
416.00 416.00 438.00 427.00
more quote information »
Industry Sector
SUPPORT SERVICES

Midwich MIDW Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
05/09/2023InterimGBP0.05521/09/202322/09/202327/10/2023
14/03/2023FinalGBP0.10504/05/202305/05/202316/06/2023
06/09/2022InterimGBP0.04515/09/202216/09/202226/10/2022
08/03/2022FinalGBP0.07805/05/202206/05/202217/06/2022
07/09/2021InterimGBP0.03316/09/202117/09/202125/10/2021
10/05/2021SpecialGBP0.0320/05/202121/05/202102/07/2021
10/09/2019InterimGBP0.048519/09/201920/09/201925/10/2019
12/03/2019FinalGBP0.10616/05/201917/05/201921/06/2019

Top Dividend Posts

Top Posts
Posted at 14/11/2023 06:36 by tole
https://citywire.com/funds-insider/news/expert-view-bae-systems-gear4music-midwich-paypoint-imi/Midwich Group (MIDW), the specialist audiovisual distributor to other businesses, has made a new acquisition which Berenberg said only adds to its 'clear opportunity'.Analyst James Bayliss reiterated his 'buy' recommendation and target price of 800p on the stock, which was trading at 376p on Monday.The group announced the purchase of prodyTel Distribution, 'marking completion of the sixth deal out of the stated six-deal pipeline that management identified at the time of its June equity raise'.Bayliss said the prodyTel deal 'strengthens its technology offering and value-add services, and offers an attractive rationale and likely synergies with the group's existing Kern & Stelly subsidiary in Germany'.He upgraded his profit before tax forecasts 7% for full-year 2024 and 6% in 2025, 'adding to the group's strong long-term earnings growth track record'.'Recent interim results for the six months to June demonstrated the group's ability to continue to perform despite macroeconomic headwinds, while we anticipate that the global audio-visual market will continue to grow despite the backdrop,' he said.'We continue to think there is a clear opportunity for Midwich to further build its share.'
Posted at 19/6/2023 11:35 by monet
Not many followers of MIDW,not on the radar.
Posted at 09/5/2023 12:05 by kalai1
Midwich issued a positive AGM statement this morning. "Midwich once again made significant market share gains in 2022...the Group achieved record revenue which increased by over 20% organically and over 40% in total, and record adjusted profit before tax, and has now delivered annual revenue growth of 22% since 2016.” The Board's expectations for the full year are unchanged, consensus expects FY23 EPS to more than double. Valuation is decent with forward PE ratio at 11.6x. Net debt was under £100m at end FY22 and remains a little elevated. Share price also remains in a near 2-year correction and lacks positive momentum. A share to monitor for now...

...from WealthOracle
Posted at 06/9/2022 17:26 by km18
Midwich Group plc posted Interims for the HY ended 30th June 2022 this morning. Revenues increased 45.8% to £568.6 million reflecting strong demand in all regions and the contribution from two UK&I acquisitions completed in the period. Organic revenue growth was a still robust 27.9%. Adjusted profit before tax grew 47.4% to £19.2m. Trading since 30 June 2022 has been in line with the Board's expectations which were recently upgraded, i.e. more robust growth. The business is high quality, but valuation is not particularly helpful. Forward PE ratio at 15x is bottom quartile for Speciality Retailers, PS and PEG ratios are a little better. The share price also lacks momentum and is still in a gradual correction through 2022. There is growth and profit here, but lack of market reaction to today’s impressive numbers suggests there is no urgency to buy...

...from WealthOracle
Posted at 19/1/2022 14:59 by kalai1
MidWich Group plc posted a year-end trading update this morning. The Group finished the year strongly and the Board now expects to report revenue for 2021 in excess of £850 million, representing growth of approximately 20% over the prior year (23% at constant currency).  Gross margin also improved in line with the Board's expectations, the Board now anticipates reporting adjusted profit before tax not less than £31.5 million for 2021. This is ahead of previous expectations. So positive guidance, an 8th consecutive year of solid topline growth, and also a new record for profit before tax. Forward PE ratio at 22 is a little rich for the sector, but should not act as a constraint on further share price gains. And the share price has momentum over the past year and looks set to break up to new record highs in 2022. BUY....from WealthOracleAM

hxxps://wealthoracle.co.uk/detailed-result-full/MIDW/315
Posted at 15/12/2021 11:11 by mfhmfh
'adjusted profit before tax for the year ending 31 December 2021 will be not less than £30 million'.

was £31.2 million for 2019 (pre-Covid) so hopefully MIDW getting back to this level.
Posted at 10/5/2021 08:04 by leedslad001
Excellent update and special divi
Posted at 17/8/2020 21:09 by thewheeliedealer
Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers MIDW. We also chatted about loads of other Stocks and we managed to include a lot of educational stuff in this one – things like how much Research you need to do and what to consider regarding Retirement. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 29) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful,

Cheers, WD
@wheeliedealer
Posted at 13/3/2018 10:53 by mfhmfh
good results today and company continuing to grow in 2018 with growing dividend. All IMHO.
Posted at 31/10/2017 16:02 by 3rd eye
MIDW Midwich...........looking strong and followed by some mature analysts at the moment. Distributes audio visual equipments. Drops to a P/E of 23 in 2019.



Valuation 2017e 2018e

P/E ratio (Price / EPS) 29,8x 26,1x
Capitalization / Revenue 0,93x 0,82x
EV / Revenue 0,97x 0,86x
EV / EBITDA 17,7x 15,4x
Yield (DPS / Price) 2,46% 2,67%
Price to book (Price / BVPS) - -

Business Summary

Distributes audio visual equipments

Midwich Group Plc distributes commercial AV, consumer, print and security solutions.

It offers project support, case studies, credit facilities, marketing, information technology services, logistics, and rental.

The company operates through the following geographical segments: UK & Ireland, France, Germany and Australasia.

Midwich Group was founded on November 27, 2013 and is headquartered in Diss, the United Kingdom.

Number of employees : 523 persons

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