Earnings Announcements From Three Key FTSE Stocks – MGAM, DAL And PFC

  • Feb 25, 2020 GMT
  • Team Kalkine
Earnings Announcements From Three Key FTSE Stocks – MGAM, DAL And PFC

Morgan Advanced Materials Plc

Morgan Advanced Materials Plc (LON: MGAM) is an Electronic and Electrical Equipment based out of Windsor, United Kingdom, that is involved in the business of developing engineered products out of materials such as ceramics, carbons and composites.

MGAM Full Year Results

On 25th February 2020, MGAM declared its full-year results for the period ended on 31st December 2019. The revenue for the period was reported at £1049.5 million, an increase of 1.5 per cent (reported) as opposed to the revenue reported during FY 2018 at £1033.9 million. The group headline operating profit increased by 7.5 per cent (reported) year on year to £134.20 million in FY 2019 as compared to £124.80 million in FY 2018. The group’s headline operating margin also increased from 12.1 per cent in FY 2018 to 12.8 per cent in FY 2019. This was also reflected in the headline EPS, which increased by 4.9 per cent from GBX 26.7 per share to GBX 28.0 per share in FY 2019. The proposed final dividend stood at a value of GBX 7.00 per share, exactly the same as the dividend paid out during the previous year.

MGAM Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 25-February-20, before the closing of the LSE Market

As on 25th February 2020, at 08:30 A.M (Greenwich Mean Time), by the time of writing this report, the Morgan Advanced Materials Plc Stock was trading at a price of GBX 289.80 per stock on the London Stock Exchange market, an increase in the value of 0.28 per cent or GBX 0.80 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 289.00 per stock. At the time of writing this report, the market capitalisation of Morgan Advanced Materials Plc has been reported to be at a value of GBP 824.72 million, with respect to the current trading price of the company’s stock.

It has been reported that the Morgan Advanced Materials Plc stock had gained around 8.13 per cent in value, in the last twelve months, since February 25, 2019, when the stock was trading at a price of GBX 268.00 per stock at the time of the close of the market. It has also been reported that the company’s stock has gained approximately 16.85 per cent, in the last six months, in comparison with the stock price of GBX 248.00 at the time of the close of the market as on August 23, 2019. Morgan Advanced Materials Plc’s stock has been reported to have lost 8.58 per cent, in the previous thirty days’ time from the stock price of GBX 317.00 per stock that the stock set as on January 24, 2020.

The beta of the stock of the company was reported at a value of 1.31 at the time of writing. This indicates the fact that the movement in the price of the stock, is more volatile, as opposed to the movement in the value of the comparative benchmark index.

Dalata Hotel Group Plc

Dalata Hotel Group Plc (LON: DAL) is a travel and leisure organisation based out of Dublin, Ireland, that is involved in the operation of around 40 hotels that include approximately 8000 rooms.

DAL Full Year Results

Dalata Hotel Group, on 25th February 2020, announced its full-year results for the period ended 31st December 2019. In terms of the Post IFRS 16 results, the company reported the revenue for FY 2019 at €429.20 million, an increase of 9.3 per cent as compared to the previous year. The adjusted EBITDA was also reported at a growth of 35.6 per cent year on year to €162.20 million during the period. The profit before tax was reported at an increase of 2.7 per cent year on year to €89.70 million for FY 2019. The basic EPS was reported at 42.4 Eurocents, a growth of 3.7 per cent, while the adjusted basic EPS declined by 1.9 per cent year on year and was reported to be at 42.0 Eurocents for the period. The dividend for the period was reported to be at 10.75 Eurocents, a growth of 7.50 per cent.

DAL Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 25-February-20, before the closing of the LSE Market

As on 25th February 2020, at 08:30 A.M (Greenwich Mean Time), by the time of writing this report, the Dalata Hotel Group Plc Stock was trading at a price of GBX 407.20 per stock on the London Stock Exchange market, an increase in the value of 3.48 per cent or GBX 13.70 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 393.50 per stock. At the time of writing this report, the market capitalisation of Dalata Hotel Group Plc has been reported to be at a value of GBP 728.63 million, with respect to the current trading price of the company’s stock.

It has been reported that the Dalata Hotel Group Plc stock had lost around 21.04 per cent in value, in the last twelve months, since February 25, 2019, when the stock was trading at a price of GBX 515.70 per stock at the time of the close of the market. It has also been reported that the company’s stock has gained approximately 0.85 per cent, in the last six months, in comparison with the stock price of GBX 403.75 at the time of the close of the market as on August 23, 2019. Dalata Hotel Group Plc’s stock has been reported to have gained 0.61 per cent, in the previous thirty days’ time from the stock price of GBX 404.75 per stock that the stock set as on January 24, 2020.

The beta of the stock of the company was reported at a value of 1.48 at the time of writing. This indicates the fact that the movement in the price of the stock, is more volatile, as opposed to the movement in the value of the comparative benchmark index.

Petrofac Limited

Petrofac Limited (LON: PFC) is an oil equipment, services and distribution company based in Jersey, and engages in the business of designing and building of oil and gas facilities, as well as other support functions for the oil and gas space in the United Kingdom.

PFC FY Results

The company reported its full-year 2019 results, in which they have highlighted that the business performance net profit was down by approximately 22 per cent and was reported to be at US $276 million. It was also announced that the reported net profit for the period was at US $73 million post impairments and exceptional items. In terms of divisional performance, Engineering and Construction (E&C) performed better as compared to the others with a New Order Intake of US $2.1 billion and the revenue of US $4.5 billion, a decline of 5 per cent year on year. The net profit for this division was down by 18 per cent year on year, and a decline of 26 per cent year on year in net profit for the Engineering and Production services division, as well as a decline of 69 per cent year on year in net profit. The final dividend was reported to be at 25.3 cents per share, leading to a total dividend at 38.0 cents per share for the entire year in 2019.

PFC Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 25-February-20, before the closing of the LSE Market

As on 25th February 2020, at 08:30 A.M (Greenwich Mean Time), by the time of writing this report, the Petrofac Limited Stock was trading at a price of GBX 365.60 per stock on the London Stock Exchange market, an increase in the value of 1.98 per cent or GBX 7.10 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 358.50 per stock. At the time of writing this report, the market capitalisation of Petrofac Limited has been reported to be at a value of GBP 1.240 billion, with respect to the current trading price of the company’s stock.

It has been reported that the Petrofac Limited stock had lost around 10.00 per cent in value, in the last twelve months, since February 25, 2019, when the stock was trading at a price of GBX 406.20 per stock at the time of the close of the market. It has also been reported that the company’s stock has lost approximately 8.30 per cent, in the last six months, in comparison with the stock price of GBX 398.70 at the time of the close of the market as on August 23, 2019. Petrofac Limited’s stock has been reported to have gained 2.24 per cent, in the previous thirty days’ time from the stock price of GBX 357.60 per stock that the stock set as on January 24, 2020.

The beta of the stock of the company was reported at a value of 0.44 at the time of writing. This indicates the fact that the movement in the price of the stock, is less volatile, as opposed to the movement in the value of the comparative benchmark index.

   
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