Earnings Highlights from Four FTSE Stocks – PMO, ROL, RMDL and YOU

Be the First to Comment Read

Earnings Highlights from Four FTSE Stocks – PMO, ROL, RMDL and YOU

 Earnings Highlights from Four FTSE Stocks – PMO, ROL, RMDL and YOU

The last couple of months have been a testing time for stock markets across the globe and UK markets were no different. The primary driver of this poor run has been the covid-19 pandemic, and amid the ongoing trauma of this, the Financial Conduct Authority asked companies listed on the London Stock Exchange to not declare any results as that could increase the volatility in the market and may cause trading to halt. Lots of the companies, though are still as and when announcing their earnings. A host of companies on 22nd April 2020 announced their results. The following is a brief overview of the final results of four such companies.

Premier Oil Plc

Premier Oil Plc (LON: PMO) is an oil and gas production company with projects currently running in the North Sea, Latin America as well as South East Asian region.

PMO Annual Results Highlights

The company had announced its final results on 5th March 2020 and on 22nd April 2020 it reported that it had finalised its results and published its annual report. It was reported that the production for the period stood around the upper-end guidance at 78,400 Barrels of Oil Equivalent Per Day (BOEPD). It was highlighted that the company’s profit after tax increased to US $164 million, as compared to US $133 million in FY 2018. The EBITDAX was reported to have increased to US $1,230 million, compared to the EBITDAX in FY 2018 at US $1,091 million. The company also highlighted that its Net Debt reduced to US $1.99 billion as on 31st December 2019.

PMO Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 23 – April - 2020, before the closing of the London Stock Exchange Market

At the time of writing this report, as on 23rd April 2020, 09:00 A.M GMT, the Premier Oil Plc stock was trading at a price of GBX 27.13 per share on the London Stock Exchange market, an increase in the value of 14.33 per cent or GBX 3.40 per share, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 23.73 per share. Premier Oil Plc's market capitalisation was estimated to be GBP 199.30 million, with regards to the current market price of the company's stock.

At the time of writing, the beta of the firm's stock was recorded at a value of 3.73 pointing towards the fact that the company’s price movement is significantly more volatile relative to the change in the value of the comparative benchmark index.

Rotala Plc

Rotala Plc (LON: ROL) is a travel and leisure company operating out of Birmingham, the United Kingdom that provides commercialised transport services and bus routes for institutions like businesses and local authorities in the UK.

ROL Final Results Highlights

The company announced its final results for the period ending 30th November 2019 on 22nd April 2020. An increase in turnover of around 8 per cent was reported from £62.4 million in FY 2018 to £67.50 million in FY 2019. The Adjusted EBITDA for the period was also reported to be up by approximately 18 per cent year on year from £8.8 million in FY 2018 to £10.40 million in FY 2019. The Adjusted operating profit also increased by around 5 per cent year on year from £5.8 million in FY 2018 to £6.05 million in FY 2019. The Adjusted Basic Earnings per share for the period was also up marginally by 2 per cent year on year from GBX 7.22 per share in FY 2018 to GBX 7.35 per share in FY 2019. The CEO of the company stated that the company was pleased with the results as the revenue expanded through acquisition the company made in the Greater Manchester area.

ROL Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 23 – April - 2020, before the closing of the London Stock Exchange Market

At the time of writing this report, as on 23rd April 2020, 09:05 A.M GMT, the Rotala Plc stock was trading at a price of GBX 36.96 per share on the London Stock Exchange market, an increase in the value of 2.67 per cent or GBX 0.96 per share, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 36.00 per share. Rotala Plc's market capitalisation was estimated to be GBP 18.03 million, with regards to the current market price of the company's stock.

At the time of writing, the beta of the firm's stock was recorded at a value of 1.25 pointing towards the fact that the company’s price movement is more volatile relative to the change in the value of the comparative benchmark index.

RM Secured Direct Lending Plc

RM Secured Direct Lending Plc (LON: RMDL) is a company that operates as an Investment Trust in the UK. The company’s primary objective is to make investments in secured debt instruments and to generate returns better than the comparative benchmark index and provide dividends to its shareholders.

RMDL Final Results Highlights

The company reported its results for the year ended 31st December 2019 on 22nd April. The Gross Asset value was reported to have increased from £106.87 million as on 31.12.2018 to £131.069 million as on 31.12.2019. The net asset value also grew from £95.72 million to £119.52 million. The Net Asset Value per ordinary share was reported to have increased from GBX 96.96 per share as on 31st December 2018 to GBX 97.79 per share as on 31st December 2019. On the Ordinary Share NAV and Dividends, the company reported a total return of 8.2 per cent during the reporting period, as compared to 5.5 per cent during the previous year. The total return on Share price and dividends was reported to be 4.9 per cent in FY 2019, as opposed to 6.9 per cent in FY 2018.

RMDL Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 23 – April - 2020, before the closing of the London Stock Exchange Market

At the time of writing this report, as on 23rd April 2020, 09:10 A.M GMT, the RM Secured Direct Lending Plc stock was trading at a price of GBX 76.00 per share on the London Stock Exchange market, no change in the price of the share, as of the previous trading day. RM Secured Direct Lending Plc's market capitalisation was estimated to be GBP 103.65 million, with regards to the current market price of the company's stock.

At the time of writing, the beta of the firm's stock was recorded at a value of 0.60 pointing towards the fact that the company’s price movement is less volatile relative to the change in the value of the comparative benchmark index.

YouGov Plc

YouGov Plc (LON: YOU) is a data and analytics services providing company based out of London, the United Kingdom, that primarily provides its services to various governments and local authorities.

YOU Half Year Results Highlights

For the six months ended 31st January 2020, the company highlighted that the revenue grew by approximately 16 per cent year on year from £66.50 million in H1 FY 2019 to £76.90 million in H1 FY 2020. The revenue growth was primarily driven by the Data products segment revenue, which displayed a 29 per cent year on year growth and now represents 55 per cent of the total revenue of the company. The adjusted EBITDA also increased by approximately 27 per cent year on year from £14.70 million in H1 FY 2019 to £18.60 million in H1 FY 2020. The Adjusted Profit before tax was up by 27 per cent year on year and was reported at £12.1 million in H1 FY 2020. The adjusted Earnings per share increased by 35 per cent year on year to GBX 8.7 per share, while the Statutory Basic Earnings per share were reported to have increased by 16 per cent year on year and were reported at GBX 6.20 per share in H1 FY 2020.

YOU Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 23 – April - 2020, before the closing of the London Stock Exchange Market

At the time of writing this report, as on 23rd April 2020, 09:15 A.M GMT, the YouGov Plc stock was trading at a price of GBX 660.00 per share on the London Stock Exchange market, an increase in the value of 0.76 per cent or GBX 5.00 per share, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 655.00 per share. YouGov Plc's market capitalisation was estimated to be GBP 705.29 million, with regards to the current market price of the company's stock.

At the time of writing, the beta of the firm's stock was recorded at a value of 0.54 pointing towards the fact that the company’s price movement is less volatile relative to the change in the value of the comparative benchmark index.

Disclaimer

Speak your Mind

Featured Articles