Sysgroup Share Price (SYS)

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Share Name Share Symbol Market Type Share ISIN Share Description
Sysgroup Plc LSE:SYS London Ordinary Share GB00BYT18182 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  5.50 15.28% 41.50 61,121 15:36:37
Bid Price Offer Price High Price Low Price Open Price
40.00 43.00 41.50 36.00 36.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 19.49 -0.23 -0.20 9
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:03 O 4,627 42.95 GBX
Related Shares
Relx (REL), Wpp (WPP), Spaceandpeople (SAL), Mediazest (MDZ)

Sysgroup (SYS) Latest News (1)

Sysgroup News

Date Time Source Headline
01/12/202015:30UKREGSysGroup PLC Dealing in Company Shares
23/11/202016:38ALNCUK EARNINGS SUMMARY: Carr's Full-Year Profit Ahead Of Board Forecasts
23/11/202007:00UKREGSysGroup PLC Half-year Report
11/11/202007:00UKREGSysGroup PLC Investor Presentation
28/10/202017:43ALNCUK TRADING UPDATE SUMMARY: Shoe Zone Ends Financial Year On Back Foot
28/10/202007:56ALNC*SysGroup Expects H1 Revenue To Be Broadly In Line With Expectations
28/10/202007:00UKREGSysGroup PLC Trading Update and Notice of Results
23/10/202010:05UKREGSysGroup PLC Second Price Monitoring Extn
23/10/202010:00UKREGSysGroup PLC Price Monitoring Extension
23/10/202009:28UKREGSysGroup PLC Holding(s) in Company
More Sysgroup News
Sysgroup Investors    Sysgroup Takeover Rumours

Sysgroup (SYS) Discussions and Chat

Sysgroup Forums and Chat

Date Time Title Posts
01/12/202014:28SysGroup plc....a potential serious winner in the making?140
05/6/201514:29Technical Index Trading & System 5
21/7/201113:02SYSTEMS1
07/3/201109:59System C Healthcare145
23/6/200922:00SYSTEM C Thread57

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DateSubject
01/12/2020
08:20		Sysgroup Daily Update: Sysgroup Plc is listed in the Media sector of the London Stock Exchange with ticker SYS. The last closing price for Sysgroup was 36p.
Sysgroup Plc has a 4 week average price of 33p and a 12 week average price of 33p.
The 1 year high share price is 41.50p while the 1 year low share price is currently 26p.
There are currently 22,492,132 shares in issue and the average daily traded volume is 21,046 shares. The market capitalisation of Sysgroup Plc is £9,334,234.78.
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01/12/2020
14:17		hastings: I'd agree with you re-reasonable PE and prospects look good. No target price for me happy to let it run as I think it's got bags of potential.
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01/12/2020
13:55		tiltonboy: hastings, Do you have a target price? I like businesses with high levels of recurring revenue, and a growing book. A p/e of around 20 seems to be fair. Obviously it will take some time for results to come through, but this is an encouraging start.
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01/12/2020
12:49		tiltonboy: Thanks hastings. Nice to see the price rise.
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01/12/2020
12:07		hastings: Https://martinflitton1.wixsite.com/privatepunter/post/sys-group-well-placed-for-further-growth-01-12-20
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28/11/2020
13:19		tiltonboy: Had a Zoom meeting with Adam and Martin on Monday. A good story, and you can make a case for a share price above these levels.
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23/11/2020
10:31		hastings: Been on my watching brief for sometime and decided to pick some up up this morning. With adjusted pre-tax profit of £2m and EPS of 3.3p pencilled in for the full year, the shares look decent value from here trading on a PER of 10 with net cash. Recurring revenue is 80% plus and contracts typically run for three years or more. Clearly off the wider radar, but having traded well enough during a very difficult period, moving forward there could be some decent upside on contract wins and share price appreciation. With customers such as AXA on board there is clearly scope for some decent wins ahead and it is good to see that the likes of Gresham and Herald are holders of the stock.
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17/11/2020
10:19		weatherman: Investor presentation on 24th Nov. https://uk.advfn.com/stock-market/london/sysgroup-SYS/share-news/SysGroup-PLC-Investor-Presentation/83656634
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21/4/2020
06:30		cpap man: Yet another RNS out from SYS reference directors SYS share purchases.... Looks like they agree with weatherman and not gswredland!!!! SysGroup plc ("SysGroup" or the "Company") Directors Share Purchase SysGroup PLC (AIM:SYS), the multi award-winning Managed IT Services and Cloud Hosting provider, announces that it has received notification that on 20 April 2020, Adam Binks, Chief Executive Officer, purchased 57,692 ordinary shares of 1p each ("Ordinary Shares") at 26p each and Martin Audcent, Chief Financial Officer, purchased 57,656 Ordinary Shares at 26p each. In addition, the Company has also been informed that Non-Executive Directors Mike Fletcher and Mark Quartermaine also acquired 76,923 Ordinary Shares each, at a price of 26p per share.
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25/11/2019
07:50		cpap man: 25 November 2019 SysGroup plc ("SysGroup" or the "Company" or the "Group") Half yearly results for the six months ended 30 September 2019 SysGroup PLC (AIM:SYS), the multi award-winning Managed IT Services and Cloud Hosting provider, is pleased to announce its unaudited half year results for the six months ended 30 September 2019 (H1 2020). Financial highlights · Revenue increased 60.0% to £9.3m (H1 2019: £5.8m) · Recurring Managed IT Services represented 79.7% of total revenue (H1 2019: 77.8%) · Adjusted EBITDA1 increased 111.2% to £1.18m (H1 2019: £0.56m) · Adjusted profit before tax2 of £0.65m (H1 2019: £0.26m) · Statutory loss before tax of £0.37m (H1 2019: loss of £0.35m) · Adjusted basic EPS3 of 1.1p (H1 2019: 1.1p) · Basic loss per share of 0.9p (H1 2019: loss per share 1.4p) · Adjusted cash generated from operations4 increased 106% to £1.1m (H1 2019: £0.5m) · Cash of £2.65m at 30 September 2019 (30 September 2018: £1.15m) · Net (debt)5 at 30 September 2019 of £(0.72)m (30 September 2018: £(0.84)m) Operational highlights · Acquisition of Hub Network Services Limited ("HNS") for £1.45m · Integration of HNS completed in under three months · Introduction of Customer Engagement plan demonstrating >97% satisfaction · Planned closure of legacy Coventry office and datacentre complete Post-period highlights · Martin Audcent awarded North West Finance Director of the year 2019 Adam Binks, Chief Executive Officer, commented: "I am pleased to report that SysGroup continues to deliver strongly against its stated strategy, with recurring revenues now representing almost 80% of our total income compared to 68% when I stepped into the CEO role in April 2018. The acquisition of HNS has supplemented the acquisition of Certus which we completed in H2 2018 and was our largest acquisition to date. The successful execution of these transactions demonstrates our capability to identify and attract good businesses, together with the capability to successfully integrate them as we build out our operational infrastructure to scale up the business. Supported by a team of more than 130 individuals, SysGroup is moving forward at pace and is taking its place in the market as a serious contender. I thank each and every one of the team that strive each day to help make SysGroup one of the leading MSPs in the UK and give me the confidence to report that the Company continues to trade in line with management's expectations." Notes 1. Adjusted EBITDA is earnings before interest, taxation, depreciation, amortisation of intangible assets, exceptional items and share based payments. 2. Adjusted profit before tax is profit before tax after adding back amortisation of intangible assets, exceptional items and share based payments. 3. Adjusted basic EPS is profit after tax after adding back amortisation of intangible assets, exceptional items, share based payments and associated tax. 4. Adjusted cash generated from operations represents operational cashflows adjusted to exclude cashflows for exceptional items 5. Net (debt) represents cash balances less bank loans, lease liabilities and contingent consideration. For further information please contact: SysGroup Plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer Tel: 0151 559 1777 Shore Capital (Nomad and Broker) Corporate Finance: Edward Mansfield / Daniel Bush Corporate Broking: Heath Snyder / Fiona Conroy Tel: 020 7408 4090 Alma PR (Financial PR) Josh Royston / Helena Bogle Tel: 0203 405 0208 About SysGroup SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services. The Group has offices in Liverpool, London, Newport, Bristol and Telford. For more information, visit hxxp://www.sysgroupplc.com
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26/11/2018
10:55		cpap man: SysGroup plc ("SysGroup" or the "Company" or the "Group") Half yearly results for the six months ended 30 September 2018 SysGroup PLC (AIM: SYS), the Managed IT Services and Cloud Hosting provider, is pleased to announce its unaudited half year results for the six months ended 30 September 2018 (H1 2019). Financial highlights · Revenue increased 47.3% to £5.8m (H1 FY18: £3.9m) · Recurring Managed IT Services represented 77.8% of total revenue (H1 FY18: 72.8%) · Adjusted EBITDA1 increased 300% to £0.56m (H1 FY18: £0.14m) · Adjusted profit2 before tax of £0.25m (H1 FY18: loss of £0.008m) · Adjusted basic EPS3 of 1.1p (H1 FY18 0.2p) · Loss before tax of £0.35m (H1 FY17: profit of £0.08m) · Basic loss per share of 1.4p (H1 FY18: EPS 0.8p) · Gross cash of £1.15m (H1 FY18: £2.69m; FY18: £1.32m) · Net debt of £0.84m (H1 FY18: Net cash £2.41m; FY18 Net debt £0.92m) 1Adjusted EBITDA is earnings before interest, taxation, depreciation, amortisation of intangible assets, exceptional items, share based payments and fair value adjustments 2Adjusted profit before tax is profit before tax after adding back amortisation of intangible assets, exceptional items, fair value adjustments, and share based payments. 3Adjusted basic EPS is profit after tax after adding back amortisation of intangible assets, exceptional items, fair value adjustments, share based payments and associated tax. Operational highlights · Restructuring of Board complete with Martin Audcent appointed as CFO and retirement of Robert Khalastchy as Non-Executive Director · 2nd Hyper-Scale Cloud Platform in London datacentre now servicing customers · Implementation of Long Term Incentive Plan for executive management to deliver long-term value creation for shareholders and ensure alignment with shareholder interests · Enhanced staff benefits to attract and retain the best talent in the business · Refurbishment of Liverpool office complete and London office commenced Post Period-end · Won Security Vendor of the Year at Computing Security Excellence Awards Adam Binks, Chief Executive Officer, commented: "During the period we have focussed on execution and I am pleased to report that the Group has made steady progress in the first half of the year during my first period as CEO. The increasing proportion of recurring revenue demonstrates the ongoing success of our strategy and position as a consultative led provider of Managed IT Services and Cloud Hosting. We have continued to invest in our business, our people, our brand and in systems and as a result have a more sales focused workforce all working towards the same common goals. We are beginning to see the results of this investment through a strengthened pipeline and remain confident in delivering full year performance in line with current market expectations." For further information please contact: SysGroup Plc Adam Binks, Chief Executive Officer Martin Audcent, Chief Financial Officer Tel: 0151 559 1777 Shore Capital (Nomad and Broker) Edward Mansfield/Anita Ghanekar/Daniel Bush Tel: 020 7408 4090 Alma PR (Financial PR) Josh Royston / Helena Bogle Tel: 0203 405 0208 About SysGroup SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services. The Group has offices in Liverpool, Coventry, London and Telford. For more information, visit hxxp://www.sysgroupplc.com Introduction The first half of the financial year has been one of steady progress with a focus on execution and continued delivery against our stated strategy. Revenue grew by 47.3% over the first half of last year to £5.8m, with recurring revenue of 77.8% compared to the first half of 2018. As stated at the full year, the business is continuing to invest in its sales and marketing functions to accelerate growth and expects to see the benefits begin to flow through into the second half and beyond. This is the first six month period under my stewardship, having been appointed Chief Executive on 3 April 2018. I was delighted to welcome Martin Audcent to the Board, taking up the role of Chief Financial Officer in July and have been impressed by the contribution he has already made. Further, with the recent additions of Mark Quartermaine (November 2017) and Mike Fletcher (January 2018) as Non-Executive Directors, along with the long-standing support from our Chairman Michael Edelson, I believe that we have successfully composed a Board with the right blend of experience and skills to be able to execute the strategic vision for the Company and ultimately deliver shareholder value into the future. At the beginning of the year we unified all Group operations and launched our services under a single brand, SysGroup, which was completed in April 2018. This has been an important step for the business following the acquisition and integration of Rockford IT (2017) and Sys-Pro (2016) and has helped to enhance our visibility and reputation in the market place. The rebranding has helped SysGroup transition towards being a more sales focused business, driven by the investments we have made to retain and recruit experienced and skilled staff in the sales and marketing functions, whilst maintaining the excellent service levels which is the bedrock of our business. Furthermore, the back-office investments made, such as a new CRM, integrated service desk platform and unified communications platforms are providing a more cohesive environment for our team. These developments will also allow us to scale the business and ensure that we can add both organic growth and integrate future acquisitions seamlessly. At the beginning of the period, we committed to provide an enhanced working environment for all of our team in line with that of a growing technology company. We set out to refurbish our office locations throughout the course of the year with Liverpool being the first to be completed and London is expected to be completed by the end of the calendar year. These changes typically take time to bed in, but we are already starting to see the benefits. We have added more clients and have a strong pipeline of opportunities upon which we hope to capitalise. Strategy SysGroup's clear focus is to expand its position as a trusted provider of Managed IT Services to clients in the UK. The Board believes that a business focused on the provision of Managed IT Services offers the highest growth opportunity and the potential for increased margins and longer-term contracts, thereby providing greater revenue visibility. In pursuit of this strategy, the Group has positioned itself as an extension of a customer's existing IT department, with an emphasis on consultative-led sales to guide customers through the complexities and developments in the market. The Group intends to continue to supplement organic growth with carefully considered acquisitions that can add both value, through breadth of service offering and additional sector specialisms, and scale to the existing operations of the Group. We continue to actively explore strategic acquisition opportunities, being a key tenet of our growth strategy. The Company entered into advanced negotiations with regards to one sizable opportunity, however the Board was not able to get comfortable with a number of factors and the discussions were subsequently terminated by mutual agreement. Results and trading During the period the Group has delivered revenues of £5.8m (H1 2018: £3.93m) and Adjusted EBITDA of £0.56m (H1 2018: £0.14m). Of this revenue, 77.8% was generated from recurring Managed IT Services business, up from 72.8% at the same time last year, demonstrating the continued success of the Company's strategy. Gross profit for the period increased to £3.57m (H1 2018: £2.38m), corresponding to a gross profit margin of 61.7% (H1 2018: 60.6%). The expected increase in operating expenses comes from the addition of the Rockford IT business to the Group and the increased investment in Sales and Marketing and Group support functions. Exceptional items of £0.2m (H1 2018: £0.3m) relate to the integration and restructuring of acquired businesses and also includes £0.066m for professional fees incurred relating to the terminated acquisition process. Adjusted basic earnings per share for the Half Year ended 30 September 2018 was a profit per share of 1.1 pence (H1 FY18: 0.2 pence). Basic earnings per share (EPS) for the Half Year was a loss per share of 1.4 pence (H1 2018: 0.8 pence). Gross cash at 30 September 2018 was £1.15m (30 September 2017: £2.69m) with net debt of £0.84m (30 September 2017: net cash £2.41m). Improvements in working capital management have led to good operating cash generation in H1 FY19 which has been invested in capex, acquisition and integration activities and has reduced the net debt from £0.92m at 31 March 2018 to £0.84m at 30 September 2018. Market Opportunity The opportunity for SysGroup is, we believe, both significant and growing driven by both commercial and regulatory forces, most notably in the period the implementation of GDPR in May 2018. Security, Governance and Compliance remain three of the key areas of focus for organisations looking to consume managed IT services. With increasing regulation and external threats, businesses want to minimise risk as they rely more and more on IT to deliver their own products and services. Further, they want to understand where liability and risk share lies in the case of breaches and at the same time, make their chosen solution as cost effective as possible. The volume and breadth of solutions, particularly with migration to the cloud, means that IT departments are struggling to understand what best suits their needs, exacerbated by the fact that the pace of technological change continues to be so swift. SysGroup is ideally placed to benefit from these dynamics through its consultative approach to fulfilling clients' needs. Our staff are continually focused on the latest product developments and are able to design and present technology agnostic solutions. IT is no longer viewed merely as a burden cost centre but as a business critical enabler and with the shortage of non-industry skilled, relevant staff, an outsourced, consultative approach such as ours is proving an increasingly attractive proposition. Sales and Marketing The benefits are starting to be seen from the investments made in the prior year and in the first half of the current year. We now have a strong and skilled sales function with a clear go-to-market strategy under the leadership of an industry seasoned Sales Director and the resultant cultural shift within SysGroup has been noticeable. Our continued efforts in marketing are also beginning to bear fruit. We have launched a number of external campaigns as part of our newly defined marketing strategy with the introduction of digital marketing channels, including social media and targeted email campaigns, increased our efforts on search engine optimisation and have ramped up our internal lead generation function, all of which coupled together are creating an enhanced pipeline of opportunity. Outlook With the support of a team of almost 100 committed colleagues, each playing to their individual strengths, the growth opportunity for SysGroup is significant and continues to accelerate. We have a clearly defined strategic focus within Managed IT Services and Cloud Hosting, delivered through a highly consultative approach to businesses who are increasingly in need of guidance due to a continually changing landscape of risk and compliance issues coupled with a wide-ranging portfolio of solutions. Our operations have been unified under a single brand which is gaining recognition in the market, establishing us firmly as a trusted provider and supporting our strengthened sales and marketing teams. We are seeing a strong pipeline of opportunities and our focus on the UK market should provide a level of resilience to the possible impacts on the wider market from the currently uncertain political landscape. The continued investments we are making in the Group mean that we can effectively scale the business, both organically and through acquisition as we continue to monitor and assess opportunities. Trading in the second half of the year has begun well and as a result, the Board remains confident in delivering full year performance in line with current market expectations. Adam Binks Chief Executive Officer 26 November 2018
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