Intermediate Capital FY22 Profit Climbs, Lifts Dividend – Quick Facts
Intermediate Capital Group PLC (ICP.L) reported Thursday that Group profit before tax for the full year 2022 increased 12 percent to 568.8 million pounds from last year’s 507.7 million pounds.
Profit after tax on an IFRS basis was 525.1 million pounds, up from 461.0 million pounds last year. On the APM basis, it was 16 percent higher at 538 million pounds, compared to 462.7 million pounds last year.
Earnings per share grew to 187.6 pence from 162.3 pence a year ago.
Third-party fee income climbed 34 percent to 448.7 million pounds from prior year’s 333.7 million pounds.
Total Assets under management or AUM 21 percent from last year to $72.1 billion. Third-party AUM grew 22 percent to $68.47 billion.
Further, the company said its Board is proposing a 57.3p per share final dividend. This would result in a total dividend of 76.0p per share being paid for the year, and increase of 36 percent compared to the prior year.
Lenovo Q4 Profit Climbs; Declares Dividend – Quick Facts
Chinese PC and mobile maker Lenovo Group Ltd. (LNVGY.PK) reported Thursday that its fourth-quarter net income attributable to equity holders climbed 58 percent to $412 million from last year’s $260 million.
Basic earnings per share were 3.52 US cents, up from 2.19 US cents last year.
Group revenue grew 7 percent to $16.69 billion from $15.63 billion in the prior year.
Further, Lenovo said its Board of Directors declared a final dividend of 3.8 US cents or 30.0 HK cents per share for the fiscal year ended March 31, 2022.
Pre-market Movers: CIG, NOVN, INO, BGXX, CSCO…
The following are some of the stocks making big moves in Thursday’s pre-market trading (as of 07.20 A.M. ET).
In the Green
Companhia Energética de Minas Gerais (CIG) is up over 25% at $2.77
Novan, Inc. (NOVN) is up over 18% at $3.09
Inovio Pharmaceuticals, Inc. (INO) is up over 16% at $2.14
Altimmune, Inc. (ALT) is up over 12% at $5.45
SELLAS Life Sciences Group, Inc. (SLS) is up over 11% at $3.49
SIGA Technologies, Inc. (SIGA) is up over 10% at $8.15
Origin Agritech Limited (SEED) is up over 10% at $7.69
Valneva SE (VALN) is up over 9% at $23.08
Nomura Holdings, Inc. (NMR) is up over 9% at $4.01
Enservco Corporation (ENSV) is up over 6% at $2.23
In the Red
Bright Green Corporation (BGXX) is down over 15% at $40.52
Cisco Systems, Inc. (CSCO) is down over 12% at $42.55
Vinco Ventures, Inc. (BBIG) is down over 12% at $2.68
Day One Biopharmaceuticals, Inc. (DAWN) is up over 10% at $8.39
Visionary Education Technology Holdings Group Inc. (VEDU) is down over 10% at $4.49
Companhia Siderúrgica Nacional (SID) is down over 10% at $3.13
Bath & Body Works, Inc. (BBWI) is down over 7% at $39.55
Nomad Foods Limited (NOMD) is down over 7% at $19.02
Olo Inc. (OLO) is down over 7% at $10.00
Under Armour, Inc. (UAA) is down over 6% at $9.87
Edinburgh Investment Trust FY Profit Rises On Revenue Basis
Edinburgh Investment Trust plc (EDIN.L) reported, on revenue basis, return on ordinary activities before tax of 39.23 million pounds compared to 28.57 million pounds, last year. Earnings per share was 22.41 pence compared to 16.21 pence.
Total return on ordinary activities before tax was 141.58 million pounds for the year ended 31 March 2022 compared to 279.05 million pounds, last year. Basic return per ordinary share was 81.88 pence compared to 160.79 pence. Total income increased to 54.25 million pounds from 43.88 million pounds.
The Board recommended a final dividend of 6.4 pence per share, which is the same as the third interim dividend declared last month implying a full year payout of 24.80 pence per share. This represents an increase of 3.3%.
Robinson Says 4-month Profit Ahead Of 2021
Robinson plc (RBN.L), a manufacturer of plastic and paperboard packaging, on Thursday announced an increase in group sales and profits in the first four months of the year.
Group sales were 22 percent higher than last year’s. Excluding the impact of the Schela Plast business in both periods, the increase is around 6 percent. The sales growth reflects the substantial sales price increases effected that helped offset the 14 percent lower sales volumes and also absorb the increase in polymer resin prices.
Profits in the 2022 financial year (excluding the uplift from the profits on disposal of properties) are expected to be inline with expectations, being comfortably ahead of 2021.
LondonMetric Property Plc FY EPRA Profit Rises
LondonMetric Property Plc (LMP.L) reported that its fiscal year EPRA earnings increased by 9.2% to 93.5 million pounds and by 5.5% on a per share basis to 10.04 pence, driven by a 7.9% increase in net rental income and supported by strong rent collection performance, with 99.5% of rent due in the year having been collected. Net rental income was 133.1 million pounds compared to 123.3 million pounds.
Profit before tax was 738.3 million pounds for the year ended 31 March 2022 compared to 258.1 million pounds, last year. Earnings per share was 78.4 pence compared to 28.5 pence. Revenue increased to 133.2 million pounds from 122.2 million pounds.
Jurnee Smollett: ‘The Past Few Years Have Been Heartbreaking’
The “Lovecraft Country” star has faced setbacks but emerged with new projects, including the Netflix movie “Spiderhead.”
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By Robert Ito