Updates

Silverdell - Sets out target to lift margins to 10%

January 2013

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.

Silverdell has reported its full year figures, which showed adjusted pretax profit of Â£4.3m, up from Â£1.3m although with a higher number of shares in issue due to the acquisition of EDS, adjusted eps was up 7% from 1.4p to 1.5p, slightly light on the numbers. The company is paying a maiden dividend of 0.18p.Turnover increased from Â£60m to Â£82.5m and with the acquisition of EDS contributing Â£18.9m (for three months) and RDS, the small consulting business completed in 2011, another Â£4.7m, there was virtually zero organic growth at â€œoldâ€ Silverdell although the company says it outperformed the construction market, which declined by 11%. Meanwhile, EDS, which is the exciting part, is going like a train.The enlarged bus ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

James Fisher

Hutchison China Meditech -NÃ©stle deal for HMPL-004 drug

Silverdell (October 2013)

Silverdell (July 2013)

Silverdell (April 2013)

Silverdell - Secures sizeable Canadian dismantling deal (February 2013)

Silverdell (November 2012)

Silverdell - Shares break higher (July 2012)

Silverdell (June 2012)

Silverdell (May 2012)

Silverdell - Contractor on nuclear decomissoning framework (December 2011)

Silverdell - Asbestos manager targets industrial sector (October 2011)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X