Updates

Silverdell - Shares break higher

July 2012

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 H1 figures, which showed adjusted pretax profit of Â£1.1m, down a tad from Â£1.2m. That was pretty much as expected with the decline being due to a step change in its cost base / the muscling up of operational management that came in ahead of the transformational acquisition of Euro Dismantling Services (EDS) last month. Sales were Â£31.4m, up 12%. With a higher number of shares in issue, adjusted eps was 0.4p down from 0.6p. Silverdell's consulting arm was boosted by a contribution from last year's acquisitions of RDS and Allen and recorded sales of Â£6.9m (22% of total). Operating profit improved from Â£0.6m to Â£0.92m before central costs. Margins were 13.4%, down from 17.4% due to the lower margins ...

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

Subscribe now

Already a subscriber? Login

SQS

Albemarle & Bond

Silverdell (October 2013)

Silverdell (July 2013)

Silverdell (April 2013)

Silverdell - Secures sizeable Canadian dismantling deal (February 2013)

Silverdell - Sets out target to lift margins to 10% (January 2013)

Silverdell (November 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