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Devro (DVO)

Sector:

Food Producers & Processors

Index:

FTSE Small Cap

Market Cap

£127.03m

Change Today

Price Up0.50p ()

Share Price

78.00p

Sausage skin demand still high, Devro says

By Rory Gallivan

Date: Tuesday 01 Jul 2008

LONDON (ShareCast) - Sausage skin maker Devro's trading is in line with expectations despite higher energy and commodity costs, adding that demand for its products remained strong despite the economic environment.

The company, which is based in Moodiesburn near Glasgow, said sales volumes, revenues and profits will be ahead of last year.

“The achievement of price increases has been a priority for the business during the period, and will continue to be a prime area of focus,” the company said.

“Despite rising energy and commodity prices, the directors are satisfied with the company's overall performance.”

It continued: “Consumer demand does not appear to have been reduced by the economic environment, and emerging markets continue to give us reason to forecast continuing growth in global demand for our products.”

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 78.00p Price Up
Change Today +0.50p
52 Week High 96.25
52 Week Low 63.75
Volume 5,801
Shares Issued 162.86m
Market Cap £127.03m
Beta 0.18
RiskGrade 222

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
69.78% below the market average69.78% below the market average69.78% below the market average69.78% below the market average69.78% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
67.63% above the market average67.63% above the market average67.63% above the market average67.63% above the market average67.63% above the market average
65.96% above the sector average65.96% above the sector average65.96% above the sector average65.96% above the sector average65.96% above the sector average
Income
5.35% below the market average5.35% below the market average5.35% below the market average5.35% below the market average5.35% below the market average
13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average
Growth
93.93% below the market average93.93% below the market average93.93% below the market average93.93% below the market average93.93% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Chg 6m
76.47% above the market average76.47% above the market average76.47% above the market average76.47% above the market average76.47% above the market average
82.98% above the sector average82.98% above the sector average82.98% above the sector average82.98% above the sector average82.98% above the sector average
P/E
24.01% below the market average24.01% below the market average24.01% below the market average24.01% below the market average24.01% below the market average
48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average
PEG Not Available
Dividend Yield
5.07% above the market average5.07% above the market average5.07% above the market average5.07% above the market average5.07% above the market average
37.93% above the sector average37.93% above the sector average37.93% above the sector average37.93% above the sector average37.93% above the sector average
EPS Growth
58.59% below the market average58.59% below the market average58.59% below the market average58.59% below the market average58.59% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Operating Margin
21.93% above the market average21.93% above the market average21.93% above the market average21.93% above the market average21.93% above the market average
59.09% above the sector average59.09% above the sector average59.09% above the sector average59.09% above the sector average59.09% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Devro Dividends

  Latest Previous
  Interim Final
Ex-Div 17-Sep-08 16-Apr-08
Paid 17-Oct-08 14-May-08
Amount 1.43p 3.02p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Devro Key Personnel

Chair Pat Barratt
CEO Peter Page
Finance Director Peter Williams

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