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Connect Group

Current Price 29.80p Bid 29.80p Ask 29.90p Change 3.29%
Last Updated: 15/11/2019 16:39. Prices delayed by at least 15 minutes.
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Company Overview

Connect Group plc (formerly Smiths News plc) is a UK based specialist distributor and a leading provider of distribution solutions in complex and fragmented markets. The Group's networks are focused on serving high density early morning deliveries and the demands of mixed and irregular sized freight. The Group's core businesses are each leading players in their markets: Smiths News is the UK's largest newspaper and magazine wholesaling business with an approximate 55 per cent. market share. It distributes newspapers and magazines on behalf of the major national and regional publishers, delivering to approximately 27,000 customers across England and Wales on a daily basis. The speed of turnaround in the UK and density of Smiths News' coverage is critical to one of the world's fastest physical supply chains. Dawson Media Direct (DMD) supplies newspapers, magazines and inflight entertainment technology and content to over 80 airlines in 50 countries. Delivering to strict time windows with security accreditation, DMD serves the specialist needs of airlines and travel points in the UK and worldwide with printed and digital media. Tuffnells is a leading distributor of mixed and irregular freight, serving approximately 5,000 small and medium sized enterprises across the UK. Its network of 37 depots collects and delivers mixed parcel freight consignments, specialising in items of irregular dimension and weight, examples of which include bulky items, building materials and automotive parts. With a mix of local and national clients, Tuffnells completes up to 70,000 daily deliveries, offering a range of timed services that are responsive to customer demand.

Financial Highlights Year Ended 31/08/2019

Turnover
£1,467.90m
Operating Profit
£-31.30m
Dividend Yield
3.46
Dividend Per Share
1.00
Dividend Cover
0.00
P/E Ratio
-2.24

Key Personnel

Jozef Opdeweegh
Chief Executive Officer
Anthony Liam Grace
Chief Financial Officer
Jonathan Michael Bunting
Executive Director
Paul Gareth Kennedy
Non-Executive Chairman
Mark Argent Whiteling
Non-Executive Director
Michael John Holt
Non-Executive Director
Denise Rosemary Collis
Non-Executive Director

Stock Details

EPIC
CNCT
ISIN
GB00B17WCR61
Shares in Issue
247,659,200
Market cap
£71.57m

Analyst Views (1)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
100.00%
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
29.85p
Bid Price
29.80p
Ask Price
29.90p
Volume
239713
Change Today
0.95p
% Change Today
3.29%
Open
29.30p
Previous Close
28.90p
Intraday High
29.96p
Intraday Low
29.00p
52 Week High
46.10p
52 Week Low
27.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Connect Group Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Tangible Assets
10.9
38.8
Intangible Assets & Goodwill
10.1
50.8
Investments & Other Non-Current Assets
10.5
5.1
Total Non-Current Assets
31.5
94.7
Inventory
16.2
13.3
Trade & Receivables
124.2
81.7
Cash & Receivables
24.0
18.0
Other Current Assets & Assets Held for Resale
16.8
0.8
Total Assets
212.7
208.5

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Short Term Liabilities
229.7
191.6
Long Term Liabilities
57.3
62.8
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
287.0
254.4

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Net Assets
-74.3
-45.9

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Share Capital
12.4
12.4
Minority Interests
0.0
0.0
Retained Earnings
134.3
163.2
Share Premium Account
60.5
60.5
Other Equity
-281.5
-282.0
Total Equity
-74.3
-45.9

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Cashflow from Operating Activities
23.0
37.5
Cashflow Before Financing
15.0
42.1
Increase / Decrease in Cash
-0.9
2.5

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Aug 2019
31 Aug 2018
Turnover
1,467.9
1,534.3
Cost of Sales
1,387.0
0.0
Gross Profit
80.9
0.0
Operating Profit
-31.3
-30.0
Pre-Tax Profit
-37.6
-35.5
Profit / Loss for the Year
-31.5
-47.0

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H2 Dividend
16 Jan 2020
13 Feb 2020
H1 Dividend
07 Jun 2018
06 Jul 2018
H2 Dividend
11 Jan 2018
09 Feb 2018
H1 Dividend
08 Jun 2017
07 Jul 2017
H2 Dividend
12 Jan 2017
10 Feb 2017
H1 Dividend
09 Jun 2016
08 Jul 2016
H2 Dividend
14 Jan 2016
12 Feb 2016
H1 Dividend
11 Jun 2015
10 Jul 2015
H2 Dividend
08 Jan 2015
06 Feb 2015
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.
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