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Meggitt

Current Price 321.70p Bid 321.50p Ask 322.60p Change 3.77%
Last Updated: 06/07/2020 21:19. Prices delayed by at least 15 minutes.
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Company Overview

Meggitt designs and supplies systems and components for the global aerospace, defence and electronics industries. Products include unmanned air vehicles, aircraft fire detection systems and automobile climate control systems.

Financial Highlights Year Ended 31/12/2019

Revenue
£2,276.20m
Operating Profit/Loss
£325.30m
Dividend yield (%)
0.80
Total dividend for year
n/ap
Dividend cover
6.72
P/E Ratio
17.60

Key Personnel

Ms Louisa Burdett
CFO & Executive Director
Mr Tony Wood
Chief Executive Officer
Ms Marina Thomas
Company Secretary
Sir Nigel Rudd
Non-Executive Chairman
Mr Colin R Day
Non-Executive Director
Mr Guy Hachey
Non-Executive Director
Mrs Nancy Gioia
Non-Executive Director
Ms Alison Goligher
Non-Executive Director
Ms Caroline Silver
Non-Executive Director
Mr Guy Berruyer
Senior Independent Director

Stock Details

EPIC
MGGT
ISIN
GB0005758098
Shares in Issue
780.71m
Market cap
£2,511.53m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
33.33%
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 view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
321.70p
Bid Price
321.50p
Ask Price
322.60p
Volume
3,272,233
Change Today
11.70p
% Change Today
3.77%
Open
318.90p
Previous Close
321.70p
Intraday High
327.60p
Intraday Low
318.50p
52 Week High
697.40p
52 Week Low
217.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,276.20
2,080.60
Operating Profit/Loss
325.30
256.60
Net Interest
-38.60
-40.50
Pre-Tax Profit
286.70
216.10
Profit After Tax from continuing operations
222.60
179.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
222.60
179.00
Attributable to:
Equity Holders of Parent Company
222.60
179.00
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
16.6500p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
28.80p
23.20p
Diluted
28.30p
22.80p
Adjusted
37.30p
34.20p
Dividend per Share
n/ap
16.6500p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
449.40
404.00
Intangible Assets
3,064.10
3,221.00
Investment Properties
n/a
n/a
Investments
14.10
12.90
Other Financial Assets
14.60
10.00
Other Non-Current Assets
95.50
98.90
Current Assets
Inventories
489.80
441.20
Trade & Other Receivables
391.00
420.00
Cash at Bank & In Hand
155.30
181.90
Current Asset Investments
n/a
n/a
Other Current Assets
70.10
67.50
Other Assets
n/a
n/a
Total Assets
4,743.90
4,857.40

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
235.80
26.30
Other Current Liabilities
649.30
591.70
Total Current Liabilities
885.10
618.00
Non-Current Liabilities
Borrowings
830.70
1,229.70
Provisions
219.70
245.60
Other Non-Current Liabilities
351.60
271.70
Total Non-Current Liabilities
1,402.00
1,747.00
Other Liabilities
n/a
n/a
Total Liabilities
2,287.10
2,365.00

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
2,456.80
2,492.40

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
38.80
38.80
Share Premium Account
1,226.50
1,223.90
Other Reserves
441.10
509.50
Retained Earnings
750.40
720.20
Shareholders Funds
2,456.80
2,492.40
Minority Interests/Other Equity
n/a
n/a
Total Equity
2,456.80
2,492.40

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
05 Sep 2019
04 Oct 2019
5.55p
Final
21 Mar 2019
03 May 2019
11.35p
Interim
06 Sep 2018
28 Sep 2018
5.30p
Final
22 Mar 2018
04 May 2018
10.80p
Interim
07 Sep 2017
29 Sep 2017
5.05p
Final
23 Mar 2017
05 May 2017
10.30p
Interim
08 Sep 2016
30 Sep 2016
4.80p
Final
28 Mar 2016
06 May 2016
9.80p
Interim
03 Sep 2015
02 Oct 2015
4.60p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-66.67%
5.05%
Dividend yield
0.80%
3.50%
Dividend cover
6.72
2.05
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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