ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RTC Rtc Group Plc

70.00
0.00 (0.00%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Rtc Group Plc RTC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 70.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
70.00 70.00 70.00 70.00 70.00
more quote information »
Industry Sector
SUPPORT SERVICES

Rtc RTC Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
26/07/2023InterimGBP0.0103/08/202304/08/202301/09/2023
05/08/2019InterimGBP0.01407/11/201908/11/201929/11/2019
22/05/2019FinalGBP0.025509/05/201910/05/201907/06/2019

Top Dividend Posts

Top Posts
Posted at 22/9/2023 15:41 by tresham
If RTC do as well next half earnings will be 10.4p and they are on a PE of 6 which is cheap. The mms trying to get stock I think the buys could actually be sells?
Posted at 08/8/2023 09:05 by davidosh
I see that buyers are still coming in even after we past the dividend date. That is a positive and overall I expect a 3p dividend payout for the full year as the outlook was positive and RTC always had a 1p/2p split pre pandemic. That equates to a yield of about 7% for the full year.

Just a reminder on the outlook statement...

Outlook
We remain cautiously confident that our progress will continue in the second half of 2023. We continue to invest in our businesses and to further strengthen our balance sheet through retained profits."

The interim report is available on the Company's website www.rtcgroupplc.co.uk.
Posted at 01/8/2023 09:32 by davidosh
Very sad news...

31 July 2023

RTC Group Plc

("RTC", "the Company" or "the Group")



Sudden death of Chairman



It is with great sadness that, RTC Group Plc (AIM: RTC.L), the engineering and technical recruitment Group, announces that its founder and chairman, Bill Douie, has died suddenly.



Further announcements will be made as required.



Andy Pendlebury, chief executive, said:



"It is with a very heavy heart that I am announcing the sudden death of Bill Douie, chairman of RTC Group Plc



Bill joined with Clive Chapman in 1992 to purchase an ailing ATA Selection business which subsequently became the RTC Group of today and Bill remained executive chairman until his sudden death.



Bill and I worked together on the Board of RTC Group for the last 16 years. Bill was a highly intellectual man with a passion for business and an immense knowledge of both global and domestic affairs.



His insights, support, and guidance have been invaluable to me as chief executive. His sense of humour and warmth as an individual have proved invaluable to me on a personal level.



Bill has been a pleasure to work with he will be sorely missed."
Posted at 26/7/2023 17:53 by hedgehog 100
Great results for RTC today, which bodes very well for PTY.
Posted at 26/7/2023 08:21 by davidosh
Very impressive and the return to payment of dividends is much appreciated too.

The order book is huge so if they simply perform in exactly the same way in H2 then RTC would have been on a p/e of 2 and 10% dividend yield at the opening price this morning.

I see no reason why they cannot return back to the 60p to 70p range they were in two years ago and pre pandemic
Posted at 26/7/2023 07:35 by davidosh
Worth putting them up here I think....

Interim Results for the Six Months Ended 30 June 2023



RTC Group Plc (AIM: RTC.L), the engineering and technical recruitment Group, is pleased to announce its unaudited results for the six months ended 30 June 2023.



Summary:

· Group revenue from continuing operations increased 33% to £45.6m (2022: £34.4m);

· Contract revenues increased to £43.0m (2022: £32.1m) and a strong order book in excess of £200m;

· EBITDA increased by £1.5m to £1.6m (2022: £0.1m);

· Profit before tax increased by £1.4m to £1.0m (2022: loss of £0.4m);

· Net assets grew by £0.7m to £6.9m (2022: £6.2m);

· Net cash inflow from operating activities £2.1m (2022 outflow: £0.6m);

· No term debt; and

· Basic earnings per share 5.20p (2022: loss per share 2.43p).



No dividends were paid in the period (2022: Nil). The Directors propose an interim dividend of 1.0p per share (2022: Nil). The interim dividend will be paid on 1 September 2023 to shareholders on the register on 4 August 2023.
Posted at 31/5/2023 10:15 by strollingmolby
Last year's intra-day spike to 80p seems a very long time ago now... Hoping for some positive news from the AGM though they've not put out any snippets in recent AGM statements.

A reminder from the results in March: " 2022 was a year of two very contrasting halves for RTC Group. Like many other companies, the early part of the year continued to be impacted by the effects of covid. Additionally, the new maintenance and renewals contract with Network Rail which saw Ganymede Rail successfully awarded another long-term programme of work, was heavily biased towards upfront cost and investment activities. Whilst the combined effect of these two events impacted our first half profitability, the fundamental capabilities underpinning all our trading entities remained robust. The second half of the year saw much improved trading across the Group. With the exception of Ganymede Rail, all of our businesses enjoyed second half run rates last seen prior to the onset of covid in 2020.

Our overall financial position sees the Group with no long-term debt, a working capital facility with significant headroom for growth, and strong cash and treasury management supporting predominately blue chip and government backed clients. RTC Group has a strong balance sheet which hasn't necessitated any form of recapitalisation which befell many larger players in the sector and a very strong and lengthy order book with many leading clients across a number of our sectors. I believe we are well positioned to capitalise on growth opportunities as they emerge."

Let's hope those run rates have continued into H1.
Posted at 12/8/2021 10:36 by 1realist
Pre-pandemic, RTC was 75p per share with annual dividend of around 4p.The renewal of the national rail contract was a big unknown and risk, which dragged on the share price.The fact that the contract has been awarded to RTC again, this time on improved and longer terms, takes away the risk and gives increased confidence that they can return to their previous higher share price and dividend payments.For RTC to now be at 50p share price after that announcement, the same level as a few weeks ago, seems strange and makes it look undervalued to me.I've accumulate some around this level as a results and am happy to wait.
Posted at 10/8/2021 20:33 by davidosh
TBF.....I can certainly see that remuneration has been an issue and in recruitment companies the commissionand pay structure tends to favour the high achieving high earners but shareholders up to Covid were getting good growth in earnings and dividends and I am now certain it can get back there.

To be fair in 2019 the company had almost reached double digit eps and was on a p/e ratio of just seven whilst the dividend yield was also 7% and well covered so it is just a question of running this contract and returning to the high pre Covid business growth levels as shareholders will then see the dividends return and the share price rise accordingly as investors see growth and high yield in the same company win/win
Posted at 10/8/2021 14:12 by tomboyb
10 August 2021

RTC Group Plc

("RTC", "the Company" or "the Group")

Award of Network Rail Frontline Labour Contract

RTC is pleased to announce a major contract award for its subsidiary, Ganymede Solutions Limited ("Ganymede") confirming its continuation as a long-term key strategic supply partner to Network Rail Infrastructure Limited ("Network Rail"). Ganymede will enter into a contract (the "Contract") with Network Rail to provide frontline labour services including the supply of safety critical, track, civil, electrification and plant and signalling resources nationally.

The Contract will run from the 1st October 2021 for a minimum period of 5 years, up to a maximum period of 8 years and has an estimated order book value of between GBP100m and GBP150m over the term. This contract award confirms Ganymede's position as one of the UK's leading suppliers of frontline labour to the rail industry.

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com