Earnings Update Of 3 FTSE Stocks - Mattioli Woods PLC, RM PLC And Ryanair Holdings PLC

8 min read | February 04, 2020 07:15 AM PST | By Team Kalkine Media

Mattioli Woods PLC

Mattioli Woods Plc (LON:MTW) is a Leicester; the United Kingdom based financial services company that is engaged in providing wealth management services. The company’s range of wealth management services includes Financial Planning, Investment Management, Pension solutions, Property solutions, as well as insurance products and services.

RM PLC (LON: RM.)

RM PLC is a leader in the education industry, providing support functions through various stages of education. For early learning centres, primary schools and secondary schools across the UK as well as other parts of the globe, RM Resources is the established provider of education resources.

Ryanair Holdings PLCÂ

Ryanair Holdings PLC (LON:RYA) is a Dublin, the United Kingdom domiciled low-cost airline and is Europe’s largest budget airline. The airline operates low fare, no-frill passenger airline services to destinations between Ireland, the United Kingdom, Continental Europe and the Middle East.

Business overview: Mattioli Woods PLC (LON:MTW)

One of the UK's leading providers of specialist pension, wealth management and employee benefit services, Mattioli Woods PLC’s core proposition consists of integrated asset management and financial services to cater the premium end of the market, which includes professionals, executives, controlling directors, owner-managed businesses and affluent retirees. The Group offers tailormade employee benefit services for large and medium-sized corporates.

The Group has a client base of more than 11 thousand self-invested personal pensions (SIPP) and small self-administered pension schemes (SSAS) throughout the United Kingdom along with a broader wealth management proposition consisting of its administration expertise and its strong pensions advisory. The Group has around £9.4 billion worth of assets under management (AUM’s).

The Group aims to provide all its clients with the highest level of personal service along with maintaining very close relationships with them and having a strong focus on holistic planning. The company is known for its relationships which have led to high levels of retention and referrals, client satisfaction.

Mattioli Woods PLC reports interim results for H1 FY20

The company reported its interim results for the six-month period ended 30 November 2019 on 4th February 2020. The company’s revenue surged by 3.8 per cent to £30.3 million, primarily driven by increases in discretionary portfolio & property management fees in the first half of the fiscal year 2020 as against £29.2 million in the first half of 2019.

The recurring revenues contributed to about 91.5 per cent of total revenue during the period as against 89.9 per cent in the first half of 2019. The company’s operating profit was up by 7.4 per cent to 5.8 million during the period as against £5.4 million in the first half of 2019.

The company’s adjusted EBITDA was up by 11.7 per cent to £8.6 million in the first half of 2020 as against £7.7 million in the first half of 2019. The company’s adjusted EBITDA margin increased to 28.4 per cent during the period as against 26.4 per cent in the first half of 2019. The company’s profit before taxation was up by 7.1 per cent to £6 million during the period as against £5.6 million in the first half of 2019.

The company’s adjusted profit before taxation was up by 9.2 per cent to £7.1 million in the first half of 2020 as against £6.5 million in the first half of 2019. The company’s basic EPS was up by 6.5 per cent to 18 pence during the period as against 16.9 pence in the first half of 2019. The company’s adjusted EPS was up by 8.1 per cent to 21.4 pence during the period as against 19.8 pence in the first half of 2019. The company’s interim dividend was up by 15.3 per cent to 7.3 pence in the first half of 2020 as against 6.33 pence in the first half of 2019.  The company has a sound financial position with cash balances of £20.1 million in the first half of 2020 as against £16.8 million in the first half of 2019.

Mattioli Woods PLC-Stock price performance

Daily Chart as at Feb-04-20, before the market close (Source: Thomson Reuters)

On 4th February 2020, at the time of writing (before market close, GMT 11:22 AM), Mattioli Woods PLC shares were trading at GBX 859.99. Stock's 52 weeks High and Low is GBX 845.00 /GBX 655.00. Stock’s average traded volume for 5 days was 11,437.40; 30 days - 11,257.07 and 90 days - 17,171.11. The average traded volume for 5 days was up by 1.60% as compared to 30 days average traded volume. The company’s stock beta was 0.48, reflecting lower volatility as compared to the benchmark index. The outstanding market capitalisation was around £229.47 million.

Business overview: RM PLC (LON: RM.)

Holding many specialised divisions- RM Resources, RM Results and RM Education, RM PLC company is a leader in the education industry, providing support functions through various stages of education.

For early learning centres, primary schools and secondary schools across the UK as well as other parts of the globe, RM Resources is the established provider of education resources. TTS & Consortium, the group’s trusted brands, develop and supply resources to upgrade the curriculum and makes it more interesting for students around the world.

The leading provider of e-Assessment services in the market, RM Results facilitates e-testing, e-marking, along with data management and analysis. RM Results provides the technology to help the users deliver 15 million exams each year in accordance with the world-renowned exam providers, education establishments & governments and professional bodies.

The market-leading supplier of ICT software, technology and services in the United Kingdom, RM Education, empowers the schools to enhance the impact of technology on teaching and learning and helping them save time and money.

RM PLC released full-year results for FY19

The Group’s revenue surged by 1 per cent to £223.8 million for the fiscal year 2019 as against £221 million in the fiscal year 2018. The company’s revenues increased notably internationally and were up by 18 per cent to £4.9 million over the previous year due to development of customers in RM results.

The Group’s adjusted operating profit margins were recorded at 12.4 per cent during the year, remained flat in comparison to the previous year. The company’s adjusted operating profit was recorded at £27.6 million in FY19, which was almost similar to the operating profit recorded in FY18. The Group’s statutory profit before tax improved to £23.2 million in FY19 as against £21 million in FY18.

The company’s revenues from the UK education plunged by 4 per cent to £90.1 million in FY19 as against £93.7 million in FY18 due to prevailing uncertainty for schools including the announcement of a required increase in teachers' pension funding from 16.5 per cent to 23.6 per cent in FY19.

To augment the Group’s software capability to enable full end-to-end digital assessment, the company acquired e-testing company, SoNET. However, the net debt of the company increased to £15 million following the financing of the acquisition. The company’s adjusted diluted earnings per share grew by 2 per cent to 26.4 pence during the period. The company’s proposed dividend surged by 5 per cent to 8 pence during the period.

RM PLC-Stock price performance

Daily Chart as at Feb-04-20, before the market close (Source: Thomson Reuters)

On 4th February 2020, at the time of writing (before market close, GMT 11:26 AM), RM PLC shares were trading at GBX 282.40. Stock's 52 weeks High and Low is GBX 310.00 /GBX 223.00. Stock’s average traded volume for 5 days was 14,187.00; 30 days - 95,778.03 and 90 days - 191,128.46. The average traded volume for 5 days was down by 85.19% as compared to 30 days average traded volume. The company’s stock beta was 0.53, reflecting lower volatility as compared to the benchmark index. The outstanding market capitalisation was around £244.54 million.

Business overview: Ryanair Holdings PLC (LON:RYA)

Ryanair Holdings plc, a holding company for Ryanair Limited, operates an economical & low-cost passenger airline, covering short distances across Continental Europe, Morocco and Israel and the United Kingdom.

The company also provides ancillary services along with its core air passenger service, which includes the in-flight sale of beverages, food and merchandise, Internet-related services and non-flight scheduled services. In addition, the Group also provides travel insurance, hotel and accommodation services.

Ryanair Holdings reported Q3 FY20 results

The company reported a Q3 profit of €88 million as against a loss of €66 million in the same quarter last year. The traffic of the company grew by 6 per cent to 36 million guests. The company’s Revenue per guest rose by 13 per cent with 9 per cent rise in fares, while ancillary revenue was up by 21 per cent. The company’s flights always operate on schedule.

Ryanair Holdings PLC -Stock price performance

Daily Chart as at Feb-04-20, before the market close (Source: Thomson Reuters)

On 4th February 2020, at the time of writing (before market close, GMT 11:33 AM), Ryanair Holdings PLC shares were trading at EUR 15.81.  Stock's 52 weeks High and Low is EUR 16.97 /EUR 8.39. Stock’s average traded volume for 5 days was 4,086,204.00; 30 days - 2,514,480.63 and 90 days - 2,557,473.58. The average traded volume for 5 days was up by 62.51% as compared to 30 days average traded volume. The company’s stock beta was 1.22, reflecting higher volatility as compared to the benchmark index. The outstanding market capitalisation was around EUR 17.38 billion.


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