Earnings Updates From 3 Diversified FTSE Stocks – McCarthy & Stone Plc, NWF Group Plc And Airtel Africa Plc

7 min read | January 28, 2020 10:48 AM EST | By Team Kalkine Media
McCarthy & Stone Plc

McCarthy & Stone Plc (LON:MCS) is a household construction company based out of the South Coast of England, Bournemouth-United Kingdom, that engages in the development of retirement homes through its subsidiaries.

MCS Full Year Results

On 28th January 2020, McCarthy and Stone Plc announced its results for the 14 month period ended 31st October 2019 in comparison to a 12 month period in 2018. The company primarily highlighted that the results were in line with expectations of the board against the challenging market and strategic structural changes. The company reported that the revenue had increased by 8 per cent to £725.00 million in FY 2019 as opposed to £671.6 million in a 12 month period in FY 2018. This was because of a 3 per cent rise on average in the selling price of all the products. The gross profit was reported almost flatlined in comparison with the previous year at £104.9 million in FY 2019, as opposed to £104.6 million in FY 2018. The underlying operating profit increased by 1 per cent year on year and was reported to be at £68.1 million in the 14-month period ended 31st October 2019. The profit before tax surged by 2 per cent year on year, and as a reflection of this, the underlying basic earnings per share were also reported at GBX 9.5 per share, an increase of GBX 0.3 per share as against FY 2018. The company proposed a dividend of GBX 5.4 per share, exactly the same dividend as paid in FY 2018.

MCS Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 28-January-20, before the closing of the LSE Market

As on 28th January 2020, at 1:30 P.M (Greenwich Mean Time), by the time of writing this report, the McCarthy & Stone Plc Stock was trading at a price of GBX 155.00 per stock on the London Stock Exchange market, a rise in the value of 0.71 per cent or GBX 1.10 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 153.90 per stock. At the time of writing, the stock of McCarthy & Stone Plc was reported to have been trading 27.68 per cent above the 52-week low stock price, that was GBX 121.40 per stock, which the company set on March 08, 2019. At this time, the stock price was reported to have been trading 3.06 per cent lower than the 52-week high price of GBX 159.90, that the company achieved as on Oct 22, 2019. The market capitalisation (M-Cap) of the stock stood at a value of GBP 827.00 million, with respect to the current market price of the stock of the company at the time of writing this report.

The beta of the McCarthy & Stone Plc’s stock has been reported to be at -0.13, giving an idea that the movement in the stock price is inversely correlated with the movement of the comparative benchmark index.

NWF Group Plc

NWF Group Plc (LON:NWF) is a Nantwich, United Kingdom headquartered support services company that mainly engages in the sale and distribution of fuel oils as well as in providing logistics services.

NWF Half Year Results

On 28th January 2020, the company issued a press release to announce its half-year results for the six months ended 30th November 2019. The company reported that the revenue surged by 5.6 per cent year on year from £330.50 million in H1 FY 2019 to £348.9 million in H1 FY 2020. The headline operating profit was reported to be at an increase of 34.6 per cent year on year from £2.6 million in H1 FY 2019 to £3.5 million in H1 FY 2020. While the headline profit before tax was highlighted to have jumped about 25 per cent year on year from £2.4 million in H1 FY 2019 to £3.0 million in H1 FY 2020. The company also reported that the fully diluted headline earnings per share increased by 34.2 per cent year on year from GBX 3.8 per share in H1 FY 2019 to GBX 5.1 per share in H1 FY 2020. As a reflection of this excellent performance during the six months, period ended 30th November 2019; the company proposed an interim dividend of GBX 1.0 per share.

NWF Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 28-January-20, before the closing of the LSE Market

As on 28th January 2020, at 1:35 P.M (Greenwich Mean Time), by the time of writing this report, the NWF Group Plc Stock was trading at a price of GBX 182.55 per stock on the London Stock Exchange market, a rise in the value of 0.86 per cent or GBX 1.55 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 181.00 per stock. At the time of writing, the stock of NWF Group Plc was reported to have been trading 42.62 per cent above the 52-week low stock price, that was GBX 128.00 per stock, which the company set on April 03, 2019. At this time, the stock price was reported to have been trading 1.32 per cent lower than the 52-week high price of GBX 185.00, that the company achieved as on January 27, 2020. The market capitalisation (M-Cap) of the stock stood at a value of GBP 88.24 million, with respect to the current market price of the stock of the company at the time of writing this report.

The beta of the NWF Group Plc’s stock has been reported to be at 0.45, giving an idea that the movement in the stock price, is less fickle, as against the movement of the comparative benchmark index.

 Airtel Africa Plc

Airtel Africa Plc (LON:AAF) is a London, United Kingdom based telecommunications company that provides network, data and virtual money services in 14 countries based in East, Central as well as Western Africa.

AAF Q3 2020 results

On 28th January 2020, the company announced its third-quarter 2020 and the nine months ended 31st December 2019. The company’s customer base for the period increased by around 9.4 per cent year on year to 107.1 million. In terms of the Alternative performance measures in the financial highlights for the period, the company reported that there was a growth of 9.9 per cent year on year in the revenue from US $2296 million in the nine months ended 31st December 2018 to US $2522 million in the nine months ended 31st December 2019. The underlying EBITDA for the same period was reported at a growth of 13.2 per cent from US $988 million in the first nine months of FY 19 to US $1118 million in the first nine months of FY 20. The underlying EBITDA margin for the period was up by 129 basis points year on year in the nine months ended 31st December 2019. The Earnings per share before exceptional items had declined by around 50.1 per cent from US Cents 11.5 per share to US Cents 5.8 per share. When restated, the EPS before exceptional items had increased by 7.1 per cent in the nine months ended 31st December 2018, from US Cents 5 million to US Cents 5.4 million in the nine months ended 31st December 2019.

AAF Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 28-January-20, before the closing of the LSE Market

As on 28th January 2020, at 1:40 P.M (Greenwich Mean Time), by the time of writing this report, the Airtel Africa Plc Stock was trading at a price of GBX 71.85 per stock on the London Stock Exchange market, a rise in the value of 1.20 per cent or GBX 0.85 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 71.00 per stock. At the time of writing, the stock of Airtel Africa Plc was reported to have been trading 52.87 per cent above the 52-week low stock price, that was GBX 47.00 per stock, which the company set on September 26, 2019. At this time, the stock price was reported to have been trading 12.86 per cent lower than the 52-week high price of GBX 82.45, that the company achieved as on December 13, 2019. The market capitalisation (M-Cap) of the stock stood at a value of GBP 2.668 billion, with respect to the current market price of the stock of the company at the time of writing this report. The company’s annual dividend yield has been reported to be at 3.28 per cent, and the company’s last dividend payment date was November 29, 2019.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.