Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on HYDRO INTERNATIONAL PLC. We currently have 6 research reports from 1 professional analysts.
|15Aug16 13:12||RNS||Scheme Becomes Effective|
|11Aug16 16:16||RNS||Court sanction of scheme of arrangement|
|11Aug16 07:30||RNS||Suspension - Hydro International plc|
|08Aug16 15:57||RNS||Result of Meeting|
|01Aug16 09:15||RNS||Additional Listing and Total Voting Rights|
|26Jul16 14:24||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|22Jul16 14:06||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
Frequency of research reports
Research reports on
HYDRO INTERNATIONAL PLC
HYDRO INTERNATIONAL PLC
Strong Finals – Growth Strategy Delivering
01 Mar 16
Hydro International’s growth strategy is working. 2015 revenues grew 18% to £37.9m, gross profits increased 21% to £17.6m, adjusted operating profits grew 23% to £2.3m and adjusted PBT grew 29% to £2.4m. Adjusted EPS grew 39% to 10.29p, helped by a reduction in the tax rate. Year end net cash of £2.3m was unchanged despite the £1m spent on acquisitions and the dividend was increased by 6% from 3.6p to 3.8p.
Acquisition of M2R
24 Dec 15
Hydro has announced that it has acquired the intellectual property and technology assets of M2 Renewables (M2R) from Sail Capital Partners, for an initial payment of $1m in cash, plus additional deferred consideration of 10% of sales incorporating the acquired intellectual property across the first five years. This additional consideration is capped at $10.0 million. The acquisition will be funded from existing cash and debt facilities.
Interims – Investment strategy delivering
08 Sep 15
In the last few years Hydro has made very significant revenue investments, to broaden the product range, expand its geographical reach, enter adjacent market segments and increase service revenues. Interim results showed good progress with this strategy, with revenues up 32% to £17.4m and adjusted profits up nine fold to £0.80m, ahead of our expectations.
Growth strategy delivering
03 Mar 15
Given the profit headwinds from FX, the lower revenues on the Thames contracts and the significant investment in growth initiatives, we think the 19% increase in PBT in 2014 is highly creditable and confirms that the company’s strategy is delivering. Hydro has a wealth of growth opportunities and is continuing to invest heavily to realise these, which will create a larger business that is more diversified and more profitable. Given the good prospects and low valuation, the shares are very attractive and we move our recommendation from Add to Buy.
The tide is turning
20 Apr 17
Any investor worth their salt knows it is impossible to precisely call a bottom in a particular stock. For Gattaca, though, we believe this moment has now passed given the compelling valuation (6.9x EV/EBIT vs 9.8x sector average), attractive 9.8% unlevered cashflow yield and constructive secular trends supporting its specialist markets. Sure, Net Fee Income (NFI) like-for-likes (LFL) have fallen of late, yet equally there are now early indications that organic growth may soon turn positive.
19 Apr 17
We take a look at the supply and demand dynamics of the world’s largest diamonds. Less than 200 very large (>200 carat) gem quality diamonds have ever been found, yet 23 of these have been found in the past three years. This dramatic increase is being driven by a combination of the rapid increase in the number of billionaires and hence price and demand, combined with technological developments that have improved large diamond recovery and a certain amount of geological good luck.
Small Cap Breakfast
19 Apr 17
Global Ports Holding—Intention to float on Standard List. International cruise ports operator. Seeking $250m raise including $75m primary offer. Dorcaster—Schedule One Update. Admission now expected 3 May. RTO of Escape Hunt raising £14m at 135p Verditek— Intention to float on AIM. On Admission, the Company's subsidiaries will be involved in advanced solar photovoltaic, filtration and absorption technologies specialising in providing environmental services. Raising £3.5m. Admission in May. Eddie Stobart Logistics— Schedule 1. Admission expected 25 April but capital raising details TBC. ADES International Holding— Intends to join the Standard List in May raising up to $170m plus a vendor sale. Provider of offshore and onshore oil and gas drilling and production services in the Middle East and Africa. Admission expected in May. Tufton Oceanic Assets– Offer extended to 9 May to enable investors to complete further due diligence.
19 Apr 17
Lombard Risk Management* (LRM): Beats demanding growth and profit forecasts (CORP) | Frontier Developments* (FDEV): Steaming ahead (CORP) | Tax Systems* (TAX): Right place, right time (CORP) | Acal (ACL): Stronger H2 and brighter outlook (BUY) | Fenner (FENR): Interim results signal upgrades (BUY) | Minds + Machines* (MMX): US and Europe domain sales (CORP)