AUS
NZ
UK
CA
USA
IND
Highlights
- Northern Bear clocked a total revenue of GBP 69.7 million in FY23, around 14% higher than GBP 61.1 million revenue reported in the previous corresponding period.
- Its Adjusted EBITDA registered an increase of approximately 13.9% to GBP 4.1 million in FY23.
United Kingdom-based Northern Bear PLC (LSE:NTBR) is an FTSE AIM All share-listed company offering specialist building services across segments, such as materials handling activities, roofing activities, and construction activities. The company renders its services to universities, NHS trusts, housing associations, local authorities, construction companies, and national house builders in England.
In fiscal year 2023, the company clocked a total revenue of GBP 69.7 million, around 14% higher than GBP 61.1 million revenue reported in the previous corresponding period. This growth in revenue can be attributed to increased demand for its products and higher pricing during the year.
Furthermore, the Adjusted EBITDA registered an increase of approximately 13.9% to GBP 4.1 million in FY23, as compared to Adjusted EBITDA of GBP 3.6 million in FY22.
Northern Bear has announced to pay a final dividend of GBX 5.0 cents per share, of which the remaining GBX 2.0 per share will be paid on in March 2024. With this, the dividend yield for the full year rises to 3.64%, as per the closing stock price on 20 September 2023.
Top 10 Shareholders
Around 58.56% of the total shareholdings are owned by its top ten shareholders. While Cedarvale Holdings, Ltd. holds approximately 25.30% shareholding, Beaumont-Dark (Nicholas Adrian) owns around 17.04% stake in the company.
Stock price Performance
The company’s stock price increased by approximately 14.07% in the last three months. It jumped around 39.73% in the past six months. The 52-week high and low price for the stock stand at GBX 62.97 and GBX 34.73, respectively.
Please note markets are trading in a highly volatile zone currently due to certain macroeconomic and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 20 September 2023. The reference data in this report has been partly sourced from EODHD/Others.
