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Good Energy Group

Current Price 191.00p Bid 185.00p Ask 195.00p Change -2.05%
Last Updated: 25/05/2020 20:13. Prices delayed by at least 15 minutes.
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Company Overview

Good Energy Group PLC Good Energy Group PLC operates in the Renewable Electricity market. It is the holding company of Good Energy Ltd and of Good Energy Generation Ltd. Electricity sold to customers by Good Energy is matched 100% (over 12 month periods) by purchases from wholly renewable sources including wind power, sun, and naturally falling water. It submits itself to an audit verification by a Top 10 firm of Chartered Accountants to give customers the assurance that such is the case. Good Energy Ltd has over 23,000 customers including business customers. See www.good-energy.co.uk Good Energy Ltd is regulated by OFGEM and has a Supply Licence to operate in England Wales and Scotland. It entered the market in 1999. Good Energy Ltd also operates a home renewable electricity generation scheme where the Company undertakes to buy the output from small-scale renewable generation plant installed on private premises. Good Energy Generation Ltd is the Group"s acquisition vehicle for renewable generation assets. It acquired a 4MW wind farm in 2002 which supplies part of Good Energy"s needs. More acquisitions are being sought to support Good Energy"s growth. The Group is based in Chippenham, Wiltshire. It has around 1,180 shareholders, nearly all of whom are Good Energy customers. In July 2004, prior to its introduction to PLUS-quoted, Good Energy Group PLC completed its second public offer of shares, which raised GBP1,028,225 of new funds.

Financial Highlights Year Ended 31/12/2019

Revenue
£124.26m
Operating Profit/Loss
£6.44m
Dividend yield (%)
1.80
Total dividend for year
2.6000p
Dividend cover
2.03
P/E Ratio
28.10

Key Personnel

Mr Rupert Sanderson
CFO & Executive Director
Mr Juliet Davenport
Chief Executive Officer
Mr Denise Cockrem
Chief Financial Officer
Mr Stephen Rosser
Company Secretary
Mr Rick Squires
Independent Non-Executive Director
Mr Timothy Jones
Independent Non-Executive Director
Ms Emma Tinker
Independent Non-Executive Director
Mr John N Maltby
Non-Executive Chairman
Ms Nemone Louise Wynn-Evans nee Bridges
Non-Executive Director
Mr Will Whitehorn
Non-Executive Director & Chairman

Stock Details

EPIC
GOOD
ISIN
GB0033600353
Shares in Issue
16.64m
Market cap
£31.79m

Analyst Views (1)

Strong Buy
 
100.00%
Buy
 
0%
Hold
 
0%
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 view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
191.00p
Bid Price
185.00p
Ask Price
195.00p
Volume
3,963
Change Today
-4.00p
% Change Today
-2.05%
Open
191.00p
Previous Close
191.00p
Intraday High
192.00p
Intraday Low
185.00p
52 Week High
245.00p
52 Week Low
123.50p
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
124.26
116.92
Operating Profit/Loss
6.44
6.65
Net Interest
-4.27
-4.34
Pre-Tax Profit
1.26
2.30
Profit After Tax from continuing operations
1.22
1.64
Discontinued Operations
Profit After Tax
-0.96
-0.74
Profit/Loss for the Year
0.25
0.90
Attributable to:
Equity Holders of Parent Company
0.25
0.90
Minority Interests
n/a
n/a
Total Dividend Paid
2.6000p
3.5000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
7.50p
10.20p
Diluted
7.20p
10.00p
Adjusted
1.60p
5.60p
Dividend per Share
2.6000p
3.5000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
52.81
50.35
Intangible Assets
4.45
3.59
Investment Properties
n/a
n/a
Investments
0.43
n/a
Other Financial Assets
5.16
4.17
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
9.94
8.58
Trade & Other Receivables
29.43
29.80
Cash at Bank & In Hand
13.67
15.66
Current Asset Investments
n/a
n/a
Other Current Assets
0.47
6.65
Other Assets
n/a
n/a
Total Assets
116.36
118.79

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
3.06
6.26
Other Current Liabilities
35.55
36.86
Total Current Liabilities
38.60
43.13
Non-Current Liabilities
Borrowings
56.74
54.46
Provisions
2.20
2.37
Other Non-Current Liabilities
0.04
n/a
Total Non-Current Liabilities
58.98
56.84
Other Liabilities
n/a
n/a
Total Liabilities
97.58
99.96

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
18.78
18.83

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
0.83
0.83
Share Premium Account
12.79
12.72
Other Reserves
-0.55
-0.81
Retained Earnings
5.71
6.09
Shareholders Funds
18.78
18.83
Minority Interests/Other Equity
n/a
n/a
Total Equity
18.78
18.83

Dividend History

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
5.71%
6.06%
Dividend yield
1.80%
3.70%
Dividend cover
2.03
2.91
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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