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Bodycote PLC (BOY.L)

BOY.L on London Stock Exchange

560.00GBp
7 Aug 2020
Change (% chg)

-13.50 (-2.35%)
Prev Close
573.50
Open
573.00
Day's High
573.00
Day's Low
536.00
Volume
251,239
Avg. Vol
295,250
52-wk High
975.00
52-wk Low
378.40

Latest Key Developments (Source: Significant Developments)

Bodycote Announces Acquisition Of Ellison Surface Technologies
Tuesday, 24 Dec 2019 

Dec 24 (Reuters) - Bodycote PLC ::BODYCOTE PLC - ACQUISITION OF ELLISON SURFACE TECHNOLOGIES.BODYCOTE PLC - GROSS CONSIDERATION FOR ACQUISITION WILL BE $200 MILLION (£154 MILLION).BODYCOTE PLC - GROSS CONSIDERATION FOR ACQUISITION WILL BE $200 MILLION (£154 MILLION)..BODYCOTE PLC - ENTERED INTO AN AGREEMENT TO ACQUIRE ELLISON SURFACE TECHNOLOGIES.BODYCOTE - ADJUSTED FOR TAX BENEFITS OF AT LEAST $30M, NET DEAL CONSIDERATION ABOUT $170 MILLION.BODYCOTE PLC - ELLISON'S BUSINESS WILL BE INTEGRATED INTO BODYCOTE'S SURFACE TECHNOLOGY AND AEROSPACE BUSINESS.BODYCOTE PLC - ANTICIPATED THAT ELLISON BUSINESS WILL BE IMMEDIATELY EARNINGS ENHANCING TO ENLARGED BODYCOTE BUSINESS.BODYCOTE PLC - ANTICIPATED THAT ELLISON'S REVENUE FOR 2019 WILL BE $58M (£44M) WITH PRO-FORMA EBITDA OF $12M (£9M).BODYCOTE PLC - DEAL CONSIDERATION WILL BE SETTLED USING BODYCOTE'S EXISTING COMMITTED CREDIT FACILITIES.  Full Article

Bodycote To Buy Ellison Surface Technologies For $200 Mln
Tuesday, 24 Dec 2019 

Dec 24 (Reuters) - Bodycote PLC ::ACQUISITION OF ELLISON SURFACE TECHNOLOGIES.GROSS CONSIDERATION FOR ACQUISITION WILL BE $200 MILLION (£154 MILLION).ENTERED INTO AN AGREEMENT TO ACQUIRE ELLISON SURFACE TECHNOLOGIES.ADJUSTED FOR TAX BENEFITS WORTH AT LEAST £30M, NET CONSIDERATION FOR TRANSACTION IS APPROXIMATELY £170 MILLION.ELLISON'S BUSINESS WILL BE INTEGRATED INTO BODYCOTE'S SURFACE TECHNOLOGY AND AEROSPACE BUSINESS.ANTICIPATED THAT ELLISON BUSINESS WILL BE IMMEDIATELY EARNINGS ENHANCING TO ENLARGED BODYCOTE BUSINESS.ANTICIPATED THAT ELLISON'S REVENUE FOR 2019 WILL BE $58M (£44M) WITH PRO-FORMA EBITDA OF $12M (£9M).DEAL CONSIDERATION WILL BE SETTLED USING BODYCOTE'S EXISTING COMMITTED CREDIT FACILITIES.  Full Article

Bodycote Says FY Headline Profit Before Taxation £136.4 Mln
Friday, 8 Mar 2019 

March 8 (Reuters) - Bodycote PLC ::FY REVENUE £728.6M VERSUS £690.2M.FY HEADLINE PROFIT BEFORE TAXATION £136.4M VERSUS £121.5M.SPECIAL DIVIDEND PER SHARE 20.0P VERSUS 25.0P.EXPECTATIONS FOR 2019 REMAIN UNCHANGED.  Full Article

BRIEF-Bodycote Keeps Dividend Under Review As Q1 Not Significantly Impacted By Pandemic

* BODYCOTE PLC - TRADING IN Q1 HAS NOT BEEN SIGNIFICANTLY IMPACTED BY DISRUPTION FROM PANDEMIC