Share Prices & Company Research

Stockbroking

Devro Plc

Current Price 329.00p Bid 329.00p Ask 332.00p Change 0.00%
Last Updated: 09/05/2024 15:57. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Devro is one of the world's leading suppliers of collagen casings for food, used by customers in the production of a wide variety of sausages and other meat products. Collagen is a naturally occurring polymer which is transformed into gel, tubular casing and film at Devro's manufacturing sites in the USA, the Netherlands, the UK, China, Czech Republic and Australia.

Financial Highlights Year Ended 31/12/2019

Revenue
£250.00m
Operating Profit/Loss
£-14.00m
Dividend yield (%)
1.50
Total dividend for year
n/ap
Dividend cover
5.63
P/E Ratio
11.70

Key Personnel

Mr Rohan Cummings
CFO & Executive Director
Mr Rutger Helbing
Chief Executive Officer
Mr Rikke Mikkelsen
Independent Non-Executive Director
Ms Lesley Jackson
Independent Non-Executive Director
Mr Steve Good
Non-Executive Chairman
Mr Jeremy Burks
Non-Executive Director
Mr Malcolm Swift
Non-Executive Director

Stock Details

EPIC
DVOL
ISIN
GB0002670437
Shares in Issue
166.93m
Market cap
£549.21m

Analyst Views (6)

Strong Buy
 
16.67%
Buy
 
16.67%
Hold
 
66.67%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
329.00p
Bid Price
329.00p
Ask Price
332.00p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
329.00p
Previous Close
329.00p
Intraday High
329.00p
Intraday Low
329.00p
52 Week High
329.00p
52 Week Low
329.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
250.00
253.40
Operating Profit/Loss
-14.00
26.90
Net Interest
-7.80
-9.40
Pre-Tax Profit
-21.80
17.50
Profit After Tax from continuing operations
-41.40
12.50
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
-41.40
12.50
Attributable to:
Equity Holders of Parent Company
-41.40
12.50
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
9.0000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
-24.80p
7.50p
Diluted
-24.80p
7.40p
Adjusted
15.20p
14.60p
Dividend per Share
n/ap
9.0000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
213.80
278.80
Intangible Assets
10.50
10.50
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
29.40
39.60
Current Assets
Inventories
39.10
38.20
Trade & Other Receivables
27.90
36.00
Cash at Bank & In Hand
24.70
9.90
Current Asset Investments
n/a
n/a
Other Current Assets
1.40
0.20
Other Assets
n/a
n/a
Total Assets
346.80
413.20

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
1.20
4.70
Other Current Liabilities
37.20
36.40
Total Current Liabilities
38.40
41.10
Non-Current Liabilities
Borrowings
148.10
146.80
Provisions
18.80
21.40
Other Non-Current Liabilities
66.60
57.40
Total Non-Current Liabilities
233.50
225.60
Other Liabilities
n/a
n/a
Total Liabilities
271.90
266.70

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
74.90
146.50

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
16.70
16.70
Share Premium Account
9.30
9.30
Other Reserves
72.20
77.10
Retained Earnings
-23.30
43.40
Shareholders Funds
74.90
146.50
Minority Interests/Other Equity
n/a
n/a
Total Equity
74.90
146.50

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
01 Dec 2022
13 Jan 2023
2.90p
Final
09 Jun 2022
22 Jul 2022
6.50p
Interim
02 Dec 2021
14 Jan 2022
2.80p
Final
19 Aug 2021
01 Oct 2021
6.30p
Final
10 Jun 2021
20 Jul 2021
6.30p
Interim
03 Dec 2020
15 Jan 2021
2.70p
2nd Interim
20 Aug 2020
02 Oct 2020
6.30p
Interim
22 Aug 2019
04 Oct 2019
2.70p
Final
28 Mar 2019
10 May 2019
6.30p
Interim
23 Aug 2018
05 Oct 2018
2.70p
Final
29 Mar 2018
11 May 2018
6.10p
Interim
24 Aug 2017
06 Oct 2017
2.70p
Final
30 Mar 2017
12 May 2017
6.10p
Interim
25 Aug 2016
07 Oct 2016
2.70p
Final
28 Mar 2016
13 May 2016
6.10p
Interim
27 Aug 2015
02 Oct 2015
2.70p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-70.00%
2.27%
Dividend yield
1.50%
5.60%
Dividend cover
5.63
1.62


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.