Performance Updates of Three FTSE Stocks – The Restaurant Group Plc, Iconic Labs Plc and Homeserve Plc

6 min read | November 04, 2019 04:35 AM PST | By Team Kalkine Media

Restaurant Group Plc

Restaurant Group Plc (RTN) is a London, the United Kingdom based hospitality company that mainly engages in the operations of Casual Dine-in Restaurants, Pubs and Bars as well as Concessions. The company is one of the most significant players in the United Kingdom Casual Dining restaurant space. The company has a diverse portfolio and runs approximately 650 Restaurants and Pubs and around 70 Concession outlets across the country. The company’s brands include the likes of Wagamama, Frankie and Bennie’s, TRG concessions, Brunning and Price, Chiquito, Coast to Coast, Firejacks, Garefunkel’s and Joe’s Kitchen among many more. The company is now looking for growth opportunities in spaces like dining, online brands, delivery, grab and go centres, etc.

RTN Financial Performance

The company announced its interim results for the 26 weeks ended 30th June 2019 on 3rd September 2019 in a press release. The company reported that the like for like sales increased by 4.0 per cent in the H1 2019 with the total revenue increasing 58.2 per cent to £515.9 million as compared to the revenue in H1 2018 at £326.1 million. Adjusted profit before tax for the period was reported to be at £28.1 million as compared to the PBT in H1 2018 at £20.7 million, with adjusted profit after tax of £22.1 million up from £16.2 million in the first half of 2018. The company reported that the Adjusted earnings per share were at GBX 4.5 per share in H1 2019.

 26 weeks ended 30th June 2019 26 weeks ended 1st July 2018 % change
 £m £m
Revenue 515.9 326.1 58.20%
Adjusted1Â EBITDA 61.4 38.4 60.10%
Adjusted1Â operating profit 36.5 21.3 70.80%
Adjusted1Â operating margin 7.10% 6.50%
Adjusted1Â profit before tax 28.1 20.7 35.60%
Adjusted1Â tax -5.90 -4.50
Adjusted1Â profit after tax 22.1 16.2 36.90%
Adjusted1Â EPS (pence) 4.5p 5.9p -23.40%

Source: Company Website

RTN Share Price Performance

On 4th November 2019, at 08:25 A.M. GMT, by the time of writing, Restaurant Group Plc’s share price was trading at GBX 136.84 per share, an increase of 0.47 per cent or GBX 0.635 per share as compared to the previous day’s closing price, which was reported to be at GBX 136.20 per share. The company’s share price was presently trading 24.28 per cent above the 52-week low share price, of GBX 110.10 per share, set on April 08, 2019 and was 29.20 per cent above the 52-week high price of GBX 193.28 per share, set on November 05, 2018. The m-cap (market capitalisation) of the Restaurant Group Plc is around GBP 669.42 million.

The share has reportedly shown a negative change of 45.87 per cent in value in the last one year, from the price of GBX 252.8 per share. There also has been a negative change in the last six months in the value of company’s share of about 5.62 per cent.

The beta of the Restaurant Group Plc’s share is 1.3376, implying that the movement in the company’s share price is more volatile in nature, as compared to the movement of the benchmark market index.

Iconic Labs Plc

Iconic Labs Plc (ICON) is a London, the United Kingdom based technology company that is engaged in the provision of media and technology services and is involved in the consulting, production, marketing and distribution of products in the media space. The company uses its technological capabilities to dig data insights and use those to exploit new trends with a focus on its content platform as well as digital brands. The company has a special focus on its group company Social Alchemist, which, through its follower network of the founder, produces social content to engage the audiences organically and expand the outreach of the company.

ICON Financial Performance

On 31st October 2019, the company announced its preliminary results for the year ended 30th June 2019. The company reported that the Widecells Group PLC business had been discontinued and the group had administrative expenses of £5.8 million during the period and a total loss for the period ending 30th June 2019 at around £5.8 million as no revenue has been reported as yet. On March 18th, 2019 a new media and technology division of the business called Iconic Labs was formed which became the main operating division of the business. The administration expenses of Iconic Labs were £303,902 by the 30th June 2019. These costs were reported to be related to cleaning up to the time of management and team in restructuring the old business as well as the launch of the new media and technology business.

ICON Share Price Performance

On 4th November 2019, at 08:35 A.M. GMT, Iconic Labs Plc’s share price was trading at GBX 0.0775 per share, no change in share price as against the previous day’s closing price. At the time of writing, the company’s share price was 94.50 per cent below the 52-week high share price of GBX 1.41 per share, set on February 27, 2019. This was also 10.71 per cent above the 52-week low price at GBX 0.07 per share, which the company’s share set on November 01, 2019. The m-cap (market capitalisation) of the Iconic Labs Plc has been reported at GBP 99.22 million.

The average volume of trading per day, for the company’s share in the last one year in the market, was 15.70 million stocks. The share has reportedly shown a negative change of 80.86 per cent in value in the last one year, from the price of GBX 0.4050 per share. There also has been a negative change in the last six months in the value of Iconic Labs Plc’s share of about 79.05 per cent from the price of GBX 0.3700.

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Homeserve Plc

Homeserve Plc (HSV) is a London, the United Kingdom based support services company that is engaged in the business of Providing Home emergency and convenience services like repair, heating and installation services. The company operates in the United Kingdom, the United States of America, France, Spain as well as other countries. The company’s services include Plumbing and drainage, Boiler installation, repairs and services, electricity as well as leakbot, etc.

HSV Share Price Performance

On 4th November 2019, at 08:15 A.M. GMT, by the time of writing, Homeserve Plc’s share price was trading at GBX 1209.98 per share, a decrease of 0.17 per cent or GBX 2.02 per share as compared to the previous day’s closing price, which was reported to be at GBX 1212.00 per share. The Homeserve Plc share price was trading 5.10 per cent below the 52-week high share price of GBX 1275.00 per share, set on June 10, 2019 and 42.77 per cent above the 52-week low price of GBX 847.5 per share, set on December 27, 2018. The m-cap (market capitalisation) of the Homeserve Plc has been reported at GBP 4.055 billion.

The beta of the Homeserve Plc’s share stood at 0.5947, implying that the movement in the company’s share price is less volatile in nature, as against the movement of the benchmark market index.


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