Devro (DVO)

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241.75p
   
  • Change Today:
    -0.75p
  • 52 Week High: 338.00
  • 52 Week Low: 210.00
  • Currency: UK Pounds
  • Shares Issued: 166.90m
  • Volume: 325,284
  • Market Cap: £403.48m
  • RiskGrade: 133
  • Beta: 0.17

Devro on track

Date: Tuesday 08 Nov 2011

LONDON (ShareCast) - Sausage skin maker Devro has reported that it is on course to meet board expectations for the current year.

Sales volumes have shown strong growth compared to the corresponding period last year, while the momentum seen in the second quarter has continued, helped by growth in Western Europe, Eastern Europe and Russia.

Latin America and South East Asia have also shown good growth, with volumes in the UK and Australia declining slightly.

The firm's new co-generation plant in Australia will be commissioned by the end of the year, and the savings generated will partially offset the expected energy cost increases across the group in 2012.

In line with expectations, net debt has risen since 30 June, reflecting the substantial ongoing capital expenditure.

During the period three manufacturing locations achieved accreditation to FS22000, the international standard defining food safety management requirements for organisations in the food chain.

The previously announced the sale of Devro GmbH, the German distribution business, to ViskoTeepak was completed at the end of September 2011 for €1.9m.

The share price rose 1% to 252.2p by 16:18.

NR

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Devro Market Data

Currency UK Pounds
Share Price 241.75p
Change Today -0.75p
% Change -0.31 %
52 Week High 338.00
52 Week Low 210.00
Volume 325,284
Shares Issued 166.90m
Market Cap £403.48m
Beta 0.17
RiskGrade 133

Devro Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.68% below the market average50.68% below the market average50.68% below the market average50.68% below the market average50.68% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Price Trend
73.14% below the market average73.14% below the market average73.14% below the market average73.14% below the market average73.14% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Income
60.08% above the market average60.08% above the market average60.08% above the market average60.08% above the market average60.08% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average
Growth
74% below the market average74% below the market average74% below the market average74% below the market average74% below the market average
67.57% below the sector average67.57% below the sector average67.57% below the sector average67.57% below the sector average67.57% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 5
Sell 0
Strong Sell 3
Total 10
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Devro Dividends

  Latest Previous
  Final Interim
Ex-Div 26-Mar-14 28-Aug-13
Paid 16-May-14 04-Oct-13
Amount 6.10p 2.70p

Trades for 24-Jul-2014

Time Volume / Share Price
16:35 21,769 @ 241.75p
16:29 541 @ 242.75p
16:29 178 @ 242.75p
16:29 600 @ 242.75p
16:29 138 @ 242.50p

Devro Key Personnel

CEO Peter Page
Chair Gerard Hoetmer

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