Share Prices & Company Research

Stockbroking

ADES International Holding

Current Price 12.80p Bid 12.70p Ask 12.90p Change -0.78%
Last Updated: 21/09/2019 08:42. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and North Africa, offering onshore contract drilling as well as workover and production services. Its 4,000 employees serve clients including major national oil companies (NOCs) such as Saudi Aramco and Kuwait Oil Company as well as joint ventures of NOCs with global majors including BP and Eni. While maintaining a superior health, safety and environmental record, the Group currently has a fleet of 13 jack-up offshore drilling rigs, 30 onshore drilling rigs, 1 jack-up barge, and 1 mobile offshore production unit ('MOPU'), which includes a floating storage and offloading unit.

Financial Highlights Year Ended 31/12/2018

Turnover
£205.56m
Operating Profit
£71.25m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
0.07

Stock Details

EPIC
ADES
ISIN
AEDFXA1EN018
Shares in Issue
43,793,882
Market cap
£564.90m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
12.80p
Bid Price
12.70p
Ask Price
12.90p
Volume
10000
Change Today
-0.10p
% Change Today
-0.78%
Open
12.80p
Previous Close
12.80p
Intraday High
12.80p
Intraday Low
12.80p
52 Week High
15.00p
52 Week Low
11.90p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

ADES International Holding Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Tangible Assets
710.7
322.4
Intangible Assets & Goodwill
0.5
0.5
Investments & Other Non-Current Assets
3.4
2.0
Total Non-Current Assets
714.6
324.9
Inventory
52.5
21.0
Trade & Receivables
100.8
6.0
Cash & Receivables
130.9
137.0
Other Current Assets & Assets Held for Resale
86.1
99.0
Total Assets
1,084.8
587.9

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Short Term Liabilities
132.6
114.1
Long Term Liabilities
527.7
155.8
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
660.4
269.9

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Net Assets
424.4
318.0

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Share Capital
43.8
42.2
Minority Interests
9.0
0.0
Retained Earnings
193.0
117.7
Share Premium Account
178.8
158.2
Other Equity
-0.1
-0.1
Total Equity
424.4
318.0

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Cashflow from Operating Activities
26.9
49.0
Cashflow Before Financing
-328.2
3.0
Increase / Decrease in Cash
-16.9
131.8

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Turnover
205.6
157.6
Cost of Sales
107.5
78.3
Gross Profit
98.1
79.3
Operating Profit
71.3
58.8
Pre-Tax Profit
79.4
43.4
Profit / Loss for the Year
75.6
44.6
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.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.