Updates

Luceco - Eps enhancing acquisition

April 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Luceco has made a nice eps enhancing bolt-on of D-Line (Europe) for an initial £8.6m. D-Line supplies cable management solutions, including decorative cable trunking and accessories, fire-rated cable supports, floor cable protectors and cable organisers, which are a natural fit to sell alongside Luceco’s existing ranges. The deal also gives Luceco a distribution facility in the US. For the year to 30 November, D-Line made £1.4m operating profit on sales of £17m. A further £3.8m is largely contingent subject to achieving a “transformational new business win.” Separately, following a stronger than expected Q4, Luceco has delivered FY23 results that are at the upper end of guidance, with pretax profit of £21.2m (+9.3%), eps of 11.1p ...

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Luceco - Eps upgraded after commercial acquisition (October 2024)

Luceco - Margins head northwards to 11.5% (August 2024)

Luceco - Set to become a growth compounder (June 2024)

Luceco (February 2024)

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Luceco - Results at top end of expectations (August 2023)

Luceco - Cluster buying by directors (June 2023)

Luceco - Massive Q4 cashflow pares down debt (February 2023)

Luceco (November 2022)

Luceco - Guidance reiterated despite headwinds; prospective PE of 6.7 (October 2022)

Luceco - Well set for acquisition frenzy (April 2022)

Luceco (February 2022)

Luceco (November 2021)

Luceco (October 2021)

Luceco (August 2021)

Luceco - Expect a WA acquisition in due course (May 2021)

Luceco (March 2021)

Luceco (November 2020)

Luceco - Moots acquisition of European wiring accessories business (October 2020)

Luceco (September 2020)

Luceco - Significantly ahead of forecasts (August 2020)

Luceco (April 2020)

Luceco - Set to exceed forecasts (March 2020)

Luceco - On cusp of upgrading forecasts (October 2019)

Luceco - Prospective PE of 8.6 (September 2019)

Luceco - Trading materially ahead (June 2019)

Luceco - Record Q1 anticipated (May 2019)

Luceco - Pretax profit forecast upgraded by Â£1m (February 2019)

Luceco - Eps forecast 8p for this year (April 2018)

Luceco - Could make for an excellent recovery buy (January 2018)

Luceco - Acquires LED street lighting supplier on 6x operating profit (November 2017)

Luceco (October 2017)

Luceco - High flying LED business (April 2017)

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