Announcement • May 14
Midwich Group plc Approves Final Dividend for the Year Ended December 31, 2025 Midwich Group plc at its Annual General Meeting held on May 12, 2026, approved to declare a final dividend for the financial year ended 31 December 2025 of 3.5 pence per ordinary share. Announcement • Apr 10
Midwich Group plc, Annual General Meeting, May 12, 2026 Midwich Group plc, Annual General Meeting, May 12, 2026. Location: the office of midwich group plc, vinces road, diss, norfolk, ip22 4yt, United Kingdom Announcement • Mar 18
Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2025, Payable on 3 July 2026 The board of Midwich Group plc recommended a final dividend of 3.5 pence per share for the Year Ended December 31, 2025, which, if approved by shareholders at the AGM, will be paid on 3 July 2026 to shareholders on the register on 22 May 2026. The last day to elect for dividend reinvestment ("DRIP") is 12 June 2026. Announcement • Apr 08
Midwich Group plc, Annual General Meeting, May 13, 2025 Midwich Group plc, Annual General Meeting, May 13, 2025. Location: the offices of the company, vinces road, norfolk, ip22 4yt, diss United Kingdom Announcement • Mar 20
Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2024, Payable on 4 July 2025 The board of Midwich Group plc recommended a final dividend of 7.5 pence per share for the year ended December 31, 2024 which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2024 of 13.0 pence per share (2023: 16.5 pence per share). If approved by shareholders at the AGM, the final dividend will be paid on 4 July 2025 to shareholders on the register on 23 May 2025. The last day to elect for dividend reinvestment ("DRIP") is 13 June 2025. Announcement • Jan 20
Midwich Group plc to Report Fiscal Year 2024 Results on Mar 18, 2025 Midwich Group plc announced that they will report fiscal year 2024 results on Mar 18, 2025 Recent Insider Transactions • Oct 23
Group MD & Director recently bought €492k worth of stock On the 21st of October, Stephen Fenby bought around 150k shares on-market at roughly €3.28 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of €707k worth in shares. Announcement • Oct 22
Midwich Group plc Revises Financial Guidance for the Year Ending 31 December 2024 Midwich Group plc revised financial guidance for the year ending 31 December 2024. The company now expect current market conditions to persist for at least the rest of the year. Given the challenging AV market backdrop, the Board now expects full year Group revenue to be marginally ahead of the prior year. The previously announced overhead reduction programme is also well progressed. However, whilst these overhead reductions will support increased operating profit margins in the second half of the year onwards. Reported Earnings • Sep 09
First half 2024 earnings released: EPS: UK£0.065 (vs UK£0.12 in 1H 2023) First half 2024 results: EPS: UK£0.065 (down from UK£0.12 in 1H 2023). Revenue: UK£646.1m (up 5.8% from 1H 2023). Net income: UK£6.62m (down 40% from 1H 2023). Profit margin: 1.0% (down from 1.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Declared Dividend • Sep 05
First half dividend of UK£0.055 announced Shareholders will receive a dividend of UK£0.055. Ex-date: 12th September 2024 Payment date: 18th October 2024 Dividend yield will be 4.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 03
Midwich Group plc Declares Interim Dividend, Payable on 18 October 2024 Midwich Group plc to declare an interim dividend of 5.5 pence per share (H1 2023: 5.5 pence). This will be paid on 18 October 2024 to those shareholders on the Company's register as at 13 September 2024. The last day to elect for dividend reinvestment is 27 September 2024. Announcement • Jul 18
Midwich Group plc to Report First Half, 2024 Results on Sep 03, 2024 Midwich Group plc announced that they will report first half, 2024 results on Sep 03, 2024 Announcement • May 15
Midwich Group plc Approves to Declare A Final Dividend for the Financial Year Ended 31 December 2023 Midwich Group plc at the AGM held on May 14, 2024, approved to declare a final dividend for the financial year ended 31 December 2023 of 11.0 pence per ordinary share. Announcement • Apr 12
Midwich Group plc, Annual General Meeting, May 14, 2024 Midwich Group plc, Annual General Meeting, May 14, 2024, at 09:00 Coordinated Universal Time. Location: Midwich Group plc, Vinces Road, Diss Norfolk United Kingdom Announcement • Mar 23
Midwich Group plc Recommends Final Dividend, Payable on June 14, 2024 Midwich Group plc recommending a final dividend of 11.0 pence per share which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2023 of 16.5 pence per share (2022: 15.0 pence). If approved by shareholders at the AGM, the final dividend will be paid on 14 June 2024 to shareholders on the register on 10 May 2024. Declared Dividend • Mar 21
Final dividend of UK£0.11 announced Shareholders will receive a dividend of UK£0.11. Ex-date: 9th May 2024 Payment date: 14th June 2024 Dividend yield will be 3.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 20
Midwich Group plc Appoints Alison Seekings as an Independent Non-Executive Director Midwich Group plc announced it has appointed Alison Seekings as an independent Non-Executive Director with effect from 19 March 2024. Upon her appointment, Alison will be a member of the Group's Board, Audit, Nominations, Remuneration and Sustainability Committees. With over 35 years of experience, Alison has held senior audit positions at Deloitte and Grant Thornton, where she was recently Audit Partner. Alison has a wealth of experience working with AIM quoted companies, particularly in the technology sector, and will further strengthen the Board's skillset due to her extensive technical accounting, financial governance, and board-level advisory experience. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: UK£0.28 (vs UK£0.17 in FY 2022) Full year 2023 results: EPS: UK£0.28 (up from UK£0.17 in FY 2022). Revenue: UK£1.29b (up 7.1% from FY 2022). Net income: UK£26.8m (up 75% from FY 2022). Profit margin: 2.1% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jan 17
Midwich Group plc to Report Fiscal Year 2023 Results on Mar 19, 2024 Midwich Group plc announced that they will report fiscal year 2023 results on Mar 19, 2024 Recent Insider Transactions • Oct 31
Group MD & Director recently bought €216k worth of stock On the 27th of October, Stephen Fenby bought around 50k shares on-market at roughly €4.31 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of €446k worth in shares. Recent Insider Transactions • Oct 13
Group MD & Director recently bought €116k worth of stock On the 10th of October, Stephen Fenby bought around 25k shares on-market at roughly €4.63 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months. Upcoming Dividend • Sep 14
Upcoming dividend of UK£0.055 per share at 3.6% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%). Reported Earnings • Sep 06
First half 2023 earnings released: EPS: UK£0.12 (vs UK£0.079 in 1H 2022) First half 2023 results: EPS: UK£0.12 (up from UK£0.079 in 1H 2022). Revenue: UK£610.4m (up 7.4% from 1H 2022). Net income: UK£11.0m (up 57% from 1H 2022). Profit margin: 1.8% (up from 1.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Announcement • Sep 05
Midwich Group plc Declares an Interim Dividend, Will Be Paid on 27Th October 2023 Midwich Group plc declare an interim dividend of 5.5 pence per share (H1 2022: 4.5 pence), an increase of 22%. This will be paid on 27th October 2023 to those shareholders on the Company's register as at 22nd September 2023. The last day to elect for dividend reinvestment ("DRIP") is 6thOctober 2023. Announcement • Aug 11
Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited. Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited on August 9, 2023. The existing leadership team of managing director Mike Beatty and chief operating officer Kapes Patel will continue to manage the team post-acquisition. Midwich Group plc (AIM:MIDW) completed the acquisition of Pulse Cinemas Limited on August 9, 2023. Announcement • Aug 05
Midwich Group plc to Report First Half, 2023 Results on Sep 05, 2023 Midwich Group plc announced that they will report first half, 2023 results on Sep 05, 2023 Board Change • Jul 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Group Finance Director & Director Stephen Lamb was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.