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 10:10||RNS||Form 8.5 (EPT/NON-RI)|
|11Aug16 07:30||RNS||Suspension - Hydro International plc|
|08Aug16 15:57||RNS||Result of Meeting|
|02Aug16 11:00||RNS||Form 8 (DD) - Hydro International plc|
|01Aug16 09:15||RNS||Additional Listing and Total Voting Rights|
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.
N+1 Singer - Morning Song 21-03-2017
21 Mar 17
accesso Technology (ACSO LN) Full year results in line, but key trading months still ahead | Augean (AUG LN) Double digit growth in ’16, good start to ‘17 | Earthport (EPO LN) Interims show continued top line strength | Goals Soccer Centres (GOAL LN) Good momentum under new team. It’s now all about delivery | IQE (IQE LN) FY’16 results prompt further upgrades | Microsaic Systems (MSYS LN) Challenges in 2016, strategy remains in place | mporium Group (MPM LN) Funds raised to help execute strategy | RhythmOne (RTHM LN) Dawn of the independents | ScS Group (SCS LN) Strong progress on key growth initiatives albeit comps now toughen | Sinclair Pharma (SPH LN) FY results: EBITDA ahead, Instalift™ gaining pace | Vectura Group (VEC LN) FY (9-month) results
N+1 Singer - Augean - Double digit growth in ’16, good start to ‘17
21 Mar 17
Augean reported another year of double digit growth for 2016, with profits in line with our forecasts. Sales grew by 21% excluding landfill tax, while adjusted PBT grew by 18% to £7.1m before amortisation of acquired intangibles. DPS was increased by 54% to 1.0p, 25% ahead of our estimate. The business units made further strategic progress, with revenues from their top 20 customers increasing from 42% to 43% of the total, of which 88% was under contract or a framework agreement, increasing forward visibility. There has been an encouraging start to 2017 and management is confident of delivering another year of profits growth. The shares trade on undemanding single digit multiples, offering good value.