FTSE 350 Companies Audited by KPMG

Total Page:16

File Type:pdf, Size:1020Kb

FTSE 350 Companies Audited by KPMG FTSE 350 companies audited by KPMG KPMG LLP1 expects to issue an audit report for 67 FTSE 350 companies within the next 12 months Data as at 30 June 2021 Company FTSE Index2 Industry classification (ICB Supersector)2 3i Group Plc FTSE 100 Financial services Aggreko Plc FTSE 250 Industrial goods and services AO World Plc FTSE 250 Retail Ascential Plc FTSE 250 Technology Ashmore Group Plc FTSE 250 Financial services Auto Trader Group Plc FTSE 100 Technology AVI Global Trust plc FTSE 250 Financial services Avon Rubber Plc FTSE 250 Industrial goods and services B&M European Value Retail SA FTSE 100 Retail Baillie Gifford Japan Trust Plc FTSE 250 Financial services Baillie Gifford Shin Nippon FTSE 250 Financial services Baillie Gifford US Growth Trust FTSE 250 Financial services Balfour Beatty Plc FTSE 250 Consumer products and services Barclays Plc FTSE 100 Banks Berkeley Group Holdings (The) Plc FTSE 100 Consumer products and services Big Yellow Group plc FTSE 250 Real estate British American Tobacco Plc FTSE 100 Food, beverage and tobacco BT Group Plc FTSE 100 Telecommunications Capita Plc FTSE 250 Industrial goods and services Chemring Group Plc FTSE 250 Industrial goods and services Compass Group Plc FTSE 100 Consumer products and services Computacenter Plc FTSE 250 Technology Croda International Plc FTSE 100 Basic resources Entain Plc FTSE 100 Travel and leisure Experian Plc FTSE 100 Industrial goods and services Grainger Plc FTSE 250 Real estate HICL Infrastructure Plc FTSE 250 Financial services International Consolidated Airlines Group SA FTSE 100 Travel and leisure IP Group Plc FTSE 250 Financial services JD Sports Fashion Plc FTSE 100 Retail Lancashire Holdings Limited (Bermuda) FTSE 250 Insurance Legal & General Group Plc FTSE 100 Insurance Liontrust Asset Management Plc FTSE 250 Financial services M&G Plc FTSE 100 Financial services Micro Focus International PLC FTSE 250 Technology Moneysupermarket.com Group Plc FTSE 250 Technology © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Document classification – Public Company FTSE Index2 Industry classification (ICB Supersector)2 Network International Holdings Plc FTSE 250 Industrial goods and services Ninety One Plc FTSE 250 Financial services Oxford Biomedica Plc FTSE 250 Health care Paragon Banking Group Plc FTSE 250 Banks Pets At Home Group Plc FTSE 250 Retail Polar Capital Technology Trust Plc FTSE 250 Financial services Premier Foods Plc FTSE 250 Food, beverage and tobacco Prudential Plc FTSE 100 Insurance PureTech Health Plc FTSE 250 Health care Reckitt Benckiser Group Plc FTSE 100 Personal care, drug and grocery stores Redrow Plc FTSE 250 Consumer products and services Rightmove Plc FTSE 100 Real estate Rio Tinto Plc FTSE 100 Basic resources Royal Mail Plc FTSE 250 Industrial goods and services Scottish American Investment Company Plc FTSE 250 Financial services Serco Group Plc FTSE 250 Industrial goods and services Smith & Nephew Plc FTSE 100 Health care Smiths Group Plc FTSE 100 Industrial goods and services SSP Group Plc FTSE 250 Travel and leisure St Modwen Properties Plc FTSE 250 Real estate Standard Life Aberdeen Plc FTSE 100 Financial services Telecom Plus Plc FTSE 250 Telecommunications TR Property Investment Trust Plc FTSE 250 Financial services Trainline Plc FTSE 250 Travel and leisure Travis Perkins Plc FTSE 250 Retail Unilever Plc FTSE 100 Personal care, drug and grocery stores United Utilities Group PLC FTSE 100 Utilities Vectura Group Plc FTSE 250 Health care Wickes Group Plc FTSE 250 Retail Wood Group (John) PLC FTSE 250 Energy Workspace Group Plc FTSE 250 Real estate Some or all of the services described herein may not be permissible for KPMG audited entities and their affiliates or related entities. Notes 1. The companies shown in the list are the FTSE 350 constituent companies that the UK limited liability partnership KPMG LLP expects to issue an audit report for between 1 July 2021 and 30 June 2022 (‘the period’). As at 13 July 2021, other firms within the KPMG organisation are expected to issue audit reports during the period for eleven other FTSE 350 companies – three in the FTSE 100 index and eight in the FTSE 250 index. The FTSE 100 companies are: DCC Plc, Flutter Entertainment Plc and Smurfit Kappa Plc. The FTSE 250 companies are: Apax Global Alpha Limited, BBGI Global Infrastructure SA, Chrysalis Investments Limited, GCP Infrastructure Investments Limited, Genesis Emerging Markets Fund Limited, IWG Plc, Sequoia Economic Infrastructure Income Fund Limited and Vietnam Enterprise Investments Limited. For further information, please refer to the annual reports and other corporate communications issued by these companies. 2. ‘Industry classification’ refers to the FTSE Russell ICB supersector that the company is assigned to. FTSE index and supersector constituent data is sourced from the London Stock Exchange Group as at 13 July 2021. home.kpmg/uk/audit The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. Document classification – Public.
Recommended publications
  • The Monks Investment Trust
    WhatSupplement February 2021 Investment TRUST A ONCE IN A LIFETIME CHANCE Nine opportunities to pick up promising trusts that you will not want to miss out on Gresham House’s Richard Staveley talks investment philosophy; and TEMIT’s Chetan Sehgal on innovative EMs THINK: GROWTH If you’re thinking about your future, • 3 long-term growth trends drive our research think Martin Currie Global Portfolio Trust. • World-class sustainability ratings Our specialist team hand pick stocks with a focus on Find out more at martincurrieglobal.com long-term growth drivers, offering investors access to a Capital at risk. Values can go up and down. We do not target diversified portfolio of between 25 and 40 of the world’s particular sustainability outcomes. leading companies. Sustainability Rating: Martin Currie Investment Management Limited, registered in Scotland (no SC066107). Registered office: Saltire Court, 20 Castle Terrace, Edinburgh EHES. Authorised and regulated by the Financial Conduct Authority. Please note that calls to the above number may be recorded. Tel: 0808 100 2125 www.martincurrie.com © 2020 Morningstar, Inc. All rights reserved. Morningstar Rating as of 22-12-20. GPTpressAds2021.indd 2 05/01/2021 10:47 THINK: GROWTH If you’re thinking about your future, • 3 long-term growth trends drive our research think Martin Currie Global Portfolio Trust. • World-class sustainability ratings Our specialist team hand pick stocks with a focus on Find out more at martincurrieglobal.com long-term growth drivers, offering investors access to a Capital at risk. Values can go up and down. We do not target > diversified portfolio of between 25 and 40 of the world’s particular sustainability outcomes.
    [Show full text]
  • Xtrackers Etfs
    Xtrackers*/** Société d’investissement à capital variable R.C.S. Luxembourg N° B-119.899 Unaudited Semi-Annual Report For the period from 1 January 2018 to 30 June 2018 No subscription can be accepted on the basis of the financial reports. Subscriptions are only valid if they are made on the basis of the latest published prospectus of Xtrackers accompanied by the latest annual report and the most recent semi-annual report, if published thereafter. * Effective 16 February 2018, db x-trackers changed name to Xtrackers. **This includes synthetic ETFs. Xtrackers** Table of contents Page Organisation 4 Information for Hong Kong Residents 6 Statistics 7 Statement of Net Assets as at 30 June 2018 28 Statement of Investments as at 30 June 2018 50 Xtrackers MSCI WORLD SWAP UCITS ETF* 50 Xtrackers MSCI EUROPE UCITS ETF 56 Xtrackers MSCI JAPAN UCITS ETF 68 Xtrackers MSCI USA SWAP UCITS ETF* 75 Xtrackers EURO STOXX 50 UCITS ETF 80 Xtrackers DAX UCITS ETF 82 Xtrackers FTSE MIB UCITS ETF 83 Xtrackers SWITZERLAND UCITS ETF 85 Xtrackers FTSE 100 INCOME UCITS ETF 86 Xtrackers FTSE 250 UCITS ETF 89 Xtrackers FTSE ALL-SHARE UCITS ETF 96 Xtrackers MSCI EMERGING MARKETS SWAP UCITS ETF* 111 Xtrackers MSCI EM ASIA SWAP UCITS ETF* 115 Xtrackers MSCI EM LATIN AMERICA SWAP UCITS ETF* 117 Xtrackers MSCI EM EUROPE, MIDDLE EAST & AFRICA SWAP UCITS ETF* 118 Xtrackers MSCI TAIWAN UCITS ETF 120 Xtrackers MSCI BRAZIL UCITS ETF 123 Xtrackers NIFTY 50 SWAP UCITS ETF* 125 Xtrackers MSCI KOREA UCITS ETF 127 Xtrackers FTSE CHINA 50 UCITS ETF 130 Xtrackers EURO STOXX QUALITY
    [Show full text]
  • Annual Report and Audited Financial Statements
    Annual report and audited financial statements BlackRock Charities Funds • BlackRock Armed Forces Charities Growth & Income Fund • BlackRock Catholic Charities Growth & Income Fund • BlackRock Charities Growth & Income Fund • BlackRock Charities UK Bond Fund • BlackRock Charities UK Equity ESG Fund • BlackRock Charities UK Equity Fund • BlackRock Charities UK Equity Index Fund For the financial period ended 30 June 2020 Contents General Information 2 About the Trust 3 Charity Authorised Investment Fund 4 Charity Trustees’ Investment Responsibilities 4 Fund Manager 4 Significant Events 4 Investment Report 5 Report on Remuneration 15 Accounting and Distribution Policies 21 Financial Instruments and Risks 24 BlackRock Armed Forces Charities Growth & Income Fund 37 BlackRock Catholic Charities Growth & Income Fund 56 BlackRock Charities Growth & Income Fund 74 BlackRock Charities UK Bond Fund 95 BlackRock Charities UK Equity ESG Fund 111 BlackRock Charities UK Equity Fund 125 BlackRock Charities UK Equity Index Fund 138 Statement of Manager’s and Trustee’s Responsibilities 162 Independent Auditor’s Report 165 Supplementary Information 169 1 General Information Advisory Committee Members - BlackRock manager of the Funds, each of which is an alternative Armed Forces Charities Growth & Income investment fund for the purpose of the Alternative Fund: Investment Fund Managers Directive. Mr Michael Baines (Chairman) Mr Guy Davies Directors of the Manager Major General A Lyons CBE G D Bamping* Major General Ashley Truluck CB, CBE M B Cook Colonel
    [Show full text]
  • To Arrive at the Total Scores, Each Company Is Marked out of 10 Across
    BRITAIN’S MOST ADMIRED COMPANIES THE RESULTS 17th last year as it continues to do well in the growing LNG business, especially in Australia and Brazil. Veteran chief executive Frank Chapman is due to step down in the new year, and in October a row about overstated reserves hit the share price. Some pundits To arrive at the total scores, each company is reckon BG could become a take over target as a result. The biggest climber in the top 10 this year is marked out of 10 across nine criteria, such as quality Petrofac, up to fifth from 68th last year. The oilfield of management, value as a long-term investment, services group may not be as well known as some, but it is doing great business all the same. Its boss, Syrian- financial soundness and capacity to innovate. Here born Ayman Asfari, is one of the growing band of are the top 10 firms by these individual measures wealthy foreign entrepreneurs who choose to make London their operating base and home, to the benefit of both the Exchequer and the employment figures. In fourth place is Rolls-Royce, one of BMAC’s most Financial value as a long-term community and environmental soundness investment responsibility consistent high performers. Hardly a year goes past that it does not feature in the upper reaches of our table, 1= Rightmove 9.00 1 Diageo 8.61 1 Co-operative Bank 8.00 and it has topped its sector – aero and defence engi- 1= Rotork 9.00 2 Berkeley Group 8.40 2 BASF (UK & Ireland) 7.61 neering – for a decade.
    [Show full text]
  • Description Iresscode Exchange Current Margin New Margin 3I
    Description IRESSCode Exchange Current Margin New Margin 3I INFRASTRUCTURE PLC 3IN LSE 20 20 888 HOLDINGS PLC 888 LSE 20 20 ASSOCIATED BRITISH ABF LSE 10 10 ADMIRAL GROUP PLC ADM LSE 10 10 AGGREKO PLC AGK LSE 20 20 ASHTEAD GROUP PLC AHT LSE 10 10 ANTOFAGASTA PLC ANTO LSE 15 10 ASOS PLC ASC LSE 20 20 ASHMORE GROUP PLC ASHM LSE 20 20 ABERFORTH SMALLER COM ASL LSE 20 20 AVEVA GROUP PLC AVV LSE 20 20 AVIVA PLC AV LSE 10 10 ASTRAZENECA PLC AZN LSE 10 10 BABCOCK INTERNATIONAL BAB LSE 20 20 BARR PLC BAG LSE 25 20 BARCLAYS PLC BARC LSE 10 10 BRITISH AMERICAN TOBA BATS LSE 10 10 BAE SYSTEMS PLC BA LSE 10 10 BALFOUR BEATTY PLC BBY LSE 20 20 BARRATT DEVELOPMENTS BDEV LSE 10 10 BARING EMERGING EUROP BEE LSE 50 100 BEAZLEY PLC BEZ LSE 20 20 BH GLOBAL LIMITED BHGG LSE 30 100 BOWLEVEN PLC BLVN LSE 60 50 BANKERS INVESTMENT BNKR LSE 20 20 BUNZL PLC BNZL LSE 10 10 BODYCOTE PLC BOY LSE 20 20 BP PLC BP LSE 10 10 BURBERRY GROUP PLC BRBY LSE 10 10 BLACKROCK WORLD MININ BRWM LSE 20 65 BT GROUP PLC BT-A LSE 10 10 BRITVIC PLC BVIC LSE 20 20 BOVIS HOMES GROUP PLC BVS LSE 20 20 BROWN GROUP PLC BWNG LSE 25 20 BELLWAY PLC BWY LSE 20 20 BIG YELLOW GROUP PLC BYG LSE 20 20 CENTRAL ASIA METALS PLC CAML LSE 40 30 CLOSE BROTHERS GROUP CBG LSE 20 20 CARNIVAL PLC CCL LSE 10 10 CENTAMIN PLC CEY LSE 20 20 CHARIOT OIL & GAS LTD CHAR LSE 100 100 CHEMRING GROUP PLC CHG LSE 25 20 CONYGAR INVESTMENT CIC LSE 50 40 CALEDONIA INVESTMENTS CLDN LSE 25 20 CARILLION PLC CLLN LSE 100 100 COMMUNISIS PLC CMS LSE 50 100 CENTRICA PLC CNA LSE 10 10 CAIRN ENERGY PLC CNE LSE 30 30 COBHAM PLC
    [Show full text]
  • Annual Report of Proxy Voting Record Date Of
    ANNUAL REPORT OF PROXY VOTING RECORD DATE OF REPORTING PERIOD: JULY 1, 2018 - JUNE 30, 2019 FUND: VANGUARD FTSE 250 UCITS ETF --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ISSUER: 3i Infrastructure plc TICKER: 3IN CUSIP: ADPV41555 MEETING DATE: 7/5/2018 FOR/AGAINST PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT PROPOSAL #1: ACCEPT FINANCIAL STATEMENTS AND ISSUER YES FOR FOR STATUTORY REPORTS PROPOSAL #2: APPROVE REMUNERATION REPORT ISSUER YES FOR FOR PROPOSAL #3: APPROVE FINAL DIVIDEND ISSUER YES FOR FOR PROPOSAL #4: RE-ELECT RICHARD LAING AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #5: RE-ELECT IAN LOBLEY AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #6: RE-ELECT PAUL MASTERTON AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #7: RE-ELECT DOUG BANNISTER AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #8: RE-ELECT WENDY DORMAN AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #9: ELECT ROBERT JENNINGS AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #10: RATIFY DELOITTE LLP AS AUDITORS ISSUER YES FOR FOR PROPOSAL #11: AUTHORISE BOARD TO FIX REMUNERATION OF ISSUER YES FOR FOR AUDITORS PROPOSAL #12: APPROVE SCRIP DIVIDEND SCHEME ISSUER YES FOR FOR PROPOSAL #13: AUTHORISE CAPITALISATION OF THE ISSUER YES FOR FOR APPROPRIATE AMOUNTS OF NEW ORDINARY SHARES TO BE ALLOTTED UNDER THE SCRIP DIVIDEND SCHEME PROPOSAL #14: AUTHORISE ISSUE OF EQUITY WITHOUT PRE- ISSUER YES FOR FOR EMPTIVE RIGHTS PROPOSAL #15: AUTHORISE MARKET PURCHASE OF ORDINARY ISSUER YES FOR FOR
    [Show full text]
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • MVIS United Kingdom Equal Weight Index
    FACTSHEET MVIS United Kingdom Equal Weight Index The MVIS United Kingdom Equal Weight Index (MVGBEQ) index tracks the performance of the largest and most liquid companies incorporated in the United Kingdom of Great Britain and Northern Ireland, employing an equal weighting scheme. The index also includes non-local companies incorporated outside the United Kingdom and Northern Ireland that generate at least 50% of their revenues in the United Kingdom. MVGBEQ covers at least 80% of the investable universe. Key Features All Time High/Low 52-Week High/Low Total Return Net Index 1,143.74/375.85 1,143.74/782.80 Index Data INDEX PARAMETERS FUNDAMENTALS* ANNUALISED PERFORMANCE* Launch Date 01 Jun 2017 Components 107.00 Price/Earnings Trailing 21.32 1 Month -5.00% Type Country Volatility (1 year) 17.06 Price/Book 2.04 1 Year 33.01% Currency USD Full MCap bn USD 2,666.49 Price/Sales 1.47 3 Years 4.02% Base Date 29 Dec 2006 Float MCap bn USD 2,117.83 Price/Cash Flow 12.30 5 Years 4.55% Base Value 1,000.00 Correlation* (1 year) 0.96 Dividend Yield 2.54 Since Inception 0.48% * as of 30 Sep 2021 * MSCI United Kingdom IMI * Total Return Net Index Country and Size Weightings COUNTRY WEIGHTINGS EXCL. OFFSHORE* COUNTRY WEIGHTINGS INCL. OFFSHORE* SIZE WEIGHTINGS GB Large-Cap ES Mid-Cap IM GB LU Small-Cap BM Micro-Cap Others Country Count Weight Country Offshore Count Weight Size Count Weight United Kingdom 99 92.21% United Kingdom 8 107 100.00% Large-Cap ( > 6 bn) 98 91.93% Spain 1 1.12% Mid-Cap (1.5 bn - 6 bn) 9 8.07% Isle of Man 1 1.07% Small-Cap (0.2 bn - 1.5 bn) 0 0.00% Luxembourg 1 0.98% Micro-Cap (0.0 bn - 0.2 bn) 0 0.00% Bermuda 1 0.96% Others 4 3.66% *Companies incorporated outside of a certain region or country that generate at least 50.00% of their revenues (or, where applicable, have at least 50.00% of their assets) in that region or country.
    [Show full text]
  • Ascential Secure
    Ascential Secure Enhanced Health & Safety Standards at Ascential’s Events in a Post-COVID-19 World 1 ​ About Ascential Secure Ascential Secure is our approach to enhanced health and safety standards at our events following COVID-19. From exhibitors to sponsors, speakers, visitors and journalists, those who come to our events do so to gain the information, insights, connections, data and digital tools that they need, effectively and safely. The standards and practices that make up Ascential Secure are designed to provide confidence that at every Ascential event, we are striving to provide the highest standards of safety, hygiene, cleanliness and quality. Whether they are exhibitors, attendees, visitors, speakers or sponsors, people come to events to connect, learn, know more and do more business, effectively, safely and with confidence. Ascential Secure is based on a set of event industry standards, called AllSecure. The AllSecure industry standards were developed collaboratively by a group including industry associations UFI, AEO and SISO, event organisers Informa, Reed Exhibitions and Clarion, a range of event venues, suppliers and with input from health, government and local authorities. Ascential Secure is the way these industry-wide AllSecure standards are being applied to Ascential live events. You can expect to see that health and safety continues to be a priority, and that a range of measures are in place to ensure everyone involved is able to enjoy a safe, hygienic, productive and high-quality organised event experience. As a starting point, Ascential Secure events will be run according to the guidance of the government or official local authority for that location, and according to any venue-specific regulations.
    [Show full text]
  • A TRANSFORMED OUTLOOK Paul Mcdonald
    AVON RUBBER P.L.C. UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2019 A TRANSFORMED OUTLOOK Paul McDonald, Chief Executive Officer: “2019 has been a transformational year for Avon Rubber. We have delivered strong results ahead of expectations, secured $340m of long-term contracts, announced the $91m acquisition of 3M’s ballistic protection business, and continued to build our order book to provide excellent visibility for 2020. These results reflect the success of our strategic focus on growing our presence in our core markets and investing further in our product portfolio to meet more of the requirements of our expanding customer base. In the last two years, we have built visibility and breadth within our contract portfolio, enabling us to deliver another record performance, and we enter the new year from a position of strength. The acquisition of 3M’s ballistic protection business will significantly bolster our personal protection offering and accelerate our long-term growth prospects. The transformation during the year leaves us well positioned to deliver further success in 2020 and beyond.” 30 Sept 30 Sept % Increase % Increase 2019 2018 Reported Constant Currency Orders received £181.9m £173.3m 5.0% 1.4% Closing order book £40.4m £37.8m 6.9% (0.7%) Revenue £179.3m £165.5m 8.3% 4.2% Adjusted1 operating profit £31.3m £27.3m 14.7% 10.4% Operating profit £14.4m £22.8m (36.8%) (39.4%) Adjusted1 profit before tax £31.4m £27.2m 15.4% 11.2% Profit before tax £13.7m £21.6m (36.6%) (39.2%) Adjusted1 basic earnings per share2 91.7p 77.1p 18.9% 14.1% Basic earnings per share2 46.9p 64.9p (27.7%) (37.3%) Diluted basic earnings per share2 46.5p 64.4p (27.8%) (37.3%) Dividend per share 20.83p 16.02p 30.0% 30.0% Net cash £48.3m £46.5m Operational highlights • $91m agreement to acquire 3M’s ballistic protection business expected to complete during H120 • First deliveries under the $246m, 5-year M53A1 mask and powered air system contract with the U.S.
    [Show full text]
  • Finn-Ancial Times Finncap Financials & Insurance Quarterly Sector Note
    finn-ancial Times finnCap Financials & Insurance quarterly sector note Q3 2020 | Issue 9 Highlights this quarter: Elevated uncertainty and volatility have been hallmarks of the last 18 months, with Brexit, the UK General Election and more recently COVID-19 all contributing to the challenges that face investors wishing to carve out solid and stable returns amid these ‘unprecedented’ times. With this is mind, and simulating finnCap’s proven Slide Rule methodology, we found the highest quality and lowest value stocks across the financials space, assessing how the make-up of these lists changed over the period January 2019 to July 2020, tracking indexed share price performance over the period as well as movements in P/E and EV/EBIT valuations. The top quartile list of Quality companies outperformed both the Value list and the FTSE All Share by rising +2.5% over the period versus -5.4% for the All Share and -14.3% for Value stocks. Furthermore, the Quality list had protection on the downside in the market crash between February and March 2020, and accelerated faster amid the market rally between late March and July 2020. From high to low (January to March), Quality moved -36.3% against the Value list at -45.5%, while a move off the lows to July was +37.4% for Quality and +34.0% for Value. There was some crossover between the Quality and Value lists, with 7 companies of the top quartile (16 companies in total) appearing in both the Quality and Value lists. This meant that a) investors could capture what we call ‘Quality at Value’ (i.e.
    [Show full text]
  • Download the 2020 Annual Report
    ANNUAL REPORT AND ACCOUNTS 2020 Focusing on protection Avon Rubber p.l.c. | Annual Report & Accounts 2020 Overview Governance 152 Parent Company Balance Sheet 01 Highlights 58 Board of Directors 153 Parent Company Statement 02 At a Glance 60 Corporate Governance Report of Changes in Equity 04 Strategy in Action 64 Nomination Committee Report 154 Parent Company Accounting Policies 10 Why Invest in Avon Rubber? 66 Audit Committee Report 157 Notes to the Parent Company 12 Chair’s Statement 71 Remuneration Report Financial Statements 96 Directors’ Report 162 Glossary of Financial Terms Strategic Report 163 Abbreviations 16 Military Market Financial Statements 18 First Responder Market 102 Independent Auditor’s Report Other Information 20 Product Portfolio 110 Consolidated Statement 164 Notice of Annual General Meeting 22 Delivering Our Strategy of Comprehensive Income 172 Shareholder Information 24 Chief Executive Officer’s Review 111 Consolidated Balance Sheet 30 Financial Review 112 Consolidated Cash Flow Statement 38 How We Measure Our Performance 113 Consolidated Statement 40 Principal Risks and Risk Management of Changes in Equity 46 Environmental, Social 114 Accounting Policies and Critical For the latest investor relations information, and Governance Accounting Judgements go to our website at: 54 Section 172(1) Statement 120 Notes to the Group Financial Statements www.avon-rubber.com/investors Overview Highlights £160.8m £79.8m £168.0m £124.6m £129.8m £128.4m £115.7m £35.3m £36.7m 18 19 20 18 19 20 18 19 20 Orders received Closing order book Revenue £160.8 m £79.8m £168.0m £30.2m £16.3m £93.2m £22.6m £18.3m £9.9m £34.3m £35.4m £5.9m 18 19 20 18 19 20 18 19 20 Adjusted operating profit Operating profit Net cash £30.2m £5.9m £93.2m 76.5p 447.4p 27.08p 67.2p 20.83p 52.3p 16.02p 46.1p 46.2p 18 19 20 18 19 20 18 19 20 Adjusted basic earnings per share Basic earnings per share Dividend per share 76.5p 4 47.4 p 27.08 p The Directors believe that adjusted measures provide a more useful comparison of business trends and performance.
    [Show full text]