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Polypipe Group PLC (PLP.L)

PLP.L on London Stock Exchange

374.00GBp
16 Aug 2019
Change (% chg)

-5.20 (-1.37%)
Prev Close
379.20
Open
386.60
Day's High
387.40
Day's Low
373.20
Volume
481,678
Avg. Vol
328,267
52-wk High
459.60
52-wk Low
304.61

Latest Key Developments (Source: Significant Developments)

Polypipe Group Remains On Track To Deliver Expectations For Full Year
Thursday, 23 May 2019 

May 23 (Reuters) - Polypipe Group PLC ::POLYPIPE GRP PLC - TRADING UPDATE.POLYPIPE GROUP PLC - GROUP REVENUE FOR FOUR MONTHS ENDED 30 APRIL 2019 AT £146.6M (2018: £135.7M).POLYPIPE GROUP PLC - "ENCOURAGING START TO YEAR GIVES BOARD CONFIDENCE OF DELIVERING ITS FULL YEAR 2019 EXPECTATIONS".POLYPIPE GROUP PLC - FOR FOUR MONTHS ENDED 30 APRIL 2019 ON A LIKE-FOR-LIKE BASIS EXCLUDING IMPACT OF ACQUISITIONS, REVENUE WAS 3.0% HIGHER.POLYPIPE GROUP PLC - MANTHORPE, ACQUIRED IN OCTOBER 2018, IS PERFORMING IN LINE WITH EXPECTATIONS AND INTEGRATION IS GOING TO PLAN.POLYPIPE GROUP PLC - REMAIN ON TRACK TO DELIVER OUR EXPECTATIONS FOR FULL YEAR.POLYPIPE GROUP PLC - TRADING IN RECENT WEEKS HAS REMAINED STRONG WITH CONTINUED MARKET SHARE GAINS AND END MARKETS HOLDING UP WELL.  Full Article

Polypipe Group FY Pretax Profit 58.2 Mln stg Vs 55.6 Mln stg
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Polypipe Group PLC ::FY REVENUE £433.2M VERSUS £411.7M.FY OPERATING PROFIT £65.8M VERSUS £62.5M.FY PROFIT BEFORE TAX £58.2M VERSUS £55.6M.FY RESIDENTIAL SYSTEMS REVENUE 9.8% HIGHER AND 8.5% HIGHER ON A LIKE-FOR-LIKE BASIS WITH STRONG GROWTH IN HOUSEBUILDING SECTOR.HAVE CONCLUDED THAT POLYPIPE IS AT LOWER END OF RISK SPECTRUM WITH REGARD TO IMPACT OF BREXIT.POLYPIPE IS AT LOWER END OF RISK SPECTRUM WITH REGARD TO IMPACT OF BREXIT.WITH APPROXIMATELY 90% OF OUR REVENUES DERIVED FROM, AND MANUFACTURED IN, UK MARKET, WE HAVE RELATIVELY LITTLE CROSS BORDER TRADE.POLYPIPE GROUP - MATERIAL COSTS INCREASE AS RESULT OF INCREASED TARIFFS OR DEVALUATION OF STERLING, WILL LOOK TO RECOVER INCREASED COSTS IN SELLING PRICES.IMPACT OF BREXIT ON OUR END MARKETS IS DIFFICULT TO PREDICT, ESPECIALLY GIVEN UNCERTAINTY AROUND NATURE OF EXIT.  Full Article

Polypipe Group Says 2018 Expectations Remain Unchanged​
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Polypipe Group Plc ::‍FY REVENUE £411.7M VERSUS £387.2M​ YEAR AGO.‍FY PROFIT BEFORE TAX OF £55.6M VERSUS £53.5M​ YEAR AGO.FY ‍UNDERLYING BASIC EARNINGS PER SHARE FROM CONTINUING OPERATIONS 10.1% HIGHER AT 27.2 PENCE​.‍RECOMMENDED FINAL DIVIDEND OF 7.5 PENCE PER SHARE GIVING A FULL YEAR DIVIDEND OF 11.1 PENCE PER SHARE​.‍2018 WILL BE ANOTHER YEAR OF PROGRESS FOR GROUP AND OUR EXPECTATIONS FOR YEAR REMAIN UNCHANGED​.  Full Article

Polypipe Group Announces ‍Potential Sale Of French Operations
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Polypipe Group Plc ::POTENTIAL SALE OF FRENCH OPERATIONS/TRADING UPDATE​.‍EXCLUSIVE NEGOTIATIONS TO SELL POLYPIPE FRANCE HOLDING (POLYPIPE FRANCE), ITS FRENCH OPERATIONS, TO RYB S.A.​.‍CASH CONSIDERATION PAYABLE BY RYB WILL BE EUR 16.5 MILLION ON A DEBT FREE, CASH-FREE AND NORMALISED WORKING CAPITAL BASIS​.‍GROUP'S TRADING PERFORMANCE FOR FULL YEAR WAS IN LINE WITH MANAGEMENT EXPECTATIONS​.  Full Article

Polypipe on track to achieve FY management expectations
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Polypipe Group Plc :POLYPIPE GROUP PLC - ‍STRONG ORGANIC GROWTH IN OUR UK RESIDENTIAL SYSTEMS AND MAINLAND EUROPE SEGMENTS​.POLYPIPE GROUP PLC - ‍GROUP ON TRACK TO ACHIEVE MANAGEMENT EXPECTATIONS FOR FULL YEAR​.POLYPIPE GROUP PLC - ‍REVENUE FOR TEN MONTHS ENDED 31 OCTOBER 2017 WAS 8.2% HIGHER THAN PRIOR YEAR AT 400.6 MLN STG​.POLYPIPE GROUP PLC - ‍LIKE FOR LIKE REVENUE GROWTH IN FOUR MONTHS TO 31 OCTOBER 2017 WAS MARGINALLY HIGHER THAN THAT RECORDED IN FIRST HALF OF YEAR AT 7.3%.​.  Full Article

Polypipe Group appoints Paul James as CFO
Wednesday, 27 Sep 2017 

Sept 27 (Reuters) - POLYPIPE GROUP PLC ::‍APPOINTMENT OF PAUL JAMES AS CHIEF FINANCIAL OFFICER AND A MEMBER OF POLYPIPE BOARD ON OR BEFORE 2 APRIL 2018​.JAMES ‍SUCCEEDS MARTIN PAYNE, WHO WILL ASSUME ROLE OF CHIEF EXECUTIVE OFFICER ON 2 OCTOBER 2017, AS PREVIOUSLY ANNOUNCED ON 24 MAY 2017​.PAYNE ‍WILL CONTINUE TO OVERSEE GROUP FINANCE FUNCTION UNTIL PAUL JOINS​.  Full Article