New Risk • 5h
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (UK£15.8m market cap, or US$21.2m). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Jane Dumeresque was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (368% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (UK£14.8m market cap, or US$19.9m). Announcement • Apr 23
Diales Group Plc to Report First Half, 2026 Results on Jun 10, 2026 Diales Group Plc announced that they will report first half, 2026 results on Jun 10, 2026 New Risk • Feb 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (367% cash payout ratio). Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (UK£13.4m market cap, or US$18.1m). Announcement • Feb 20
Diales Group plc Announces Final Dividend for the Financial Year Ended 30 September 2025 to Be Paid on 9 April 2026 Diales Group Plc approved Final dividend of 0.75 pence per ordinary share for the financial year ended 30 September 2025 to be paid on 9 April 2026 to the ordinary shareholders on the Company's register of members at the close of business on 27 February 2026, with an ex-dividend date of 26 February 2026. Announcement • Jan 27
Diales Group Plc, Annual General Meeting, Feb 19, 2026 Diales Group Plc, Annual General Meeting, Feb 19, 2026. Location: dawson house, 5 jewry street, london ec3n 2ex United Kingdom New Risk • Dec 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (365% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (UK£11.5m market cap, or US$15.5m). Reported Earnings • Dec 11
Full year 2025 earnings released: EPS: UK£0.017 (vs UK£0.008 in FY 2024) Full year 2025 results: EPS: UK£0.017 (up from UK£0.008 in FY 2024). Revenue: UK£43.0m (flat on FY 2024). Net income: UK£911.0k (up 114% from FY 2024). Profit margin: 2.1% (up from 1.0% in FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Construction industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Dec 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director John Mullen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 25
Diales Group Plc to Report Fiscal Year 2025 Results on Dec 09, 2025 Diales Group Plc announced that they will report fiscal year 2025 results on Dec 09, 2025 Announcement • Nov 24
Diales Group plc Appoints Jane Dumeresque as Non-Executive Director with Effect from 24 November 2025 Diales Group Plc announced the appointment of Jane Dumeresque as a Non-Executive Director of the Company with effect from 24 November 2025. Jane brings to Diales extensive relevant experience from a career in executive leadership and non-executive director roles in a range of listed and private companies in the financial services sector. Jane is a chartered accountant and has served as a Non-Executive Director in a number of corporate, mutual and not for profit businesses. Jane will serve as Chair of the Group's remuneration committee and will become a member of the audit committee. Announcement • Oct 29
Diales Group plc Provides Earnings Guidance for the Year 2025 Diales Group Plc provided earnings guidance for the year 2025. The Group expects to report revenue from continuing operations in FY2025 of £42.6 million (FY2024: £43.0 million). The Group expects to deliver an increased underlying* operating profit in FY2025, from continuing operations, in line with guidance of not less than £1.3 million (FY2024: £1.2 million). Announcement • Oct 08
Diales Group Plc Announces Step Down of Elizabeth Filkin as Non-Executive Director, Effective 31 December 2025 Diales Group Plc announced that Elizabeth Filkin will step down from her role as a Non-Executive Director of the Company by the end of her notice period (being 31 December 2025). Board Change • Sep 03
High number of new directors Non-Executive Chair Nick Stagg was the last director to join the board, commencing their role in the last week. Announcement • Aug 26
Diales Group Plc Announces the Appointment of Nicholas Stagg as its Non-Executive Chair, Effective 1 September 2025 Diales Group Plc announced the appointment of Nicholas Stagg as its new Non-Executive Chair. Nicholas will take up this role on 1 September 2025. With experience as a non-executive director and chair of a range of listed and private companies and a Fellow Chartered Accountant, Nicholas brings exceptional expertise to Diales from a career leading international people businesses in sectors and disciplines relevant to the Group. Nicholas' professional and sectoral experience spans financial and legal services, management consulting, commercial property and aviation. New Risk • Jun 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 1.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 364% Cash payout ratio: 126% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (UK£12.0m market cap, or US$16.3m). Announcement • Jun 13
Diales Group plc Announces Step Down of Shaun Smith as Chair of the Board Diales Group Plc announced that Shaun Smith will step down from his role as Chair of the Board by the end of his notice period (being 11 September 2025), to concentrate on his other business interests. Throughout his tenure, Shaun has provided invaluable insights and strategic guidance, contributing significantly to the Company's transformation and resilience. His expertise and leadership have been instrumental in shaping the Company's direction through its integrated strategy launched in December 2023, and are grateful for his commitment and contribution. The Board extends its sincere appreciation for Shaun's contribution and wishes him continued success in the future. Declared Dividend • Jun 12
First half dividend of UK£0.0075 announced Dividend of UK£0.0075 is the same as last year. Ex-date: 18th September 2025 Payment date: 24th October 2025 Dividend yield will be 6.5%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (186% earnings payout ratio) nor is it covered by cash flows (126% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 107% to bring the payout ratio under control. However, EPS has declined by 40% over the last 5 years so the company would need to reverse this trend. New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 373% Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (UK£12.0m market cap, or US$16.2m). Announcement • Jun 10
Diales Group Plc Recommends Interim Dividend, Payable on October 24, 2025 Diales Group Plc recommended the payment of an interim dividend of 0.75 pence per share for 2025 (2024: 0.75 pence per share). The interim dividend will be paid on October 24, 2025 to shareholders who are on the register of members at the close of business on September 19, 2025, with an ex-dividend date of September 18, 2025. Announcement • Apr 24
Diales Group Plc to Report First Half, 2025 Results on Jun 10, 2025 Diales Group Plc announced that they will report first half, 2025 results on Jun 10, 2025 Announcement • Mar 22
Diales Group Plc (AIM:DIAL) commences an Equity Buyback for 5,239,067 shares, representing 10% of its issued share capital, under the authorization approved on February 26, 2025. Driver Group plc (AIM:DRV) commences share repurchases on March 18, 2025, under the program mandated by the shareholders in the Annual General Meeting held on February 26, 2025. As per the mandate, the company is authorized to repurchase up to 5,239,067 shares, representing 10% of its issued share capital. The minimum purchase price will be 0.4 pence per share and the maximum repurchase price will be 105% of the average market value of an ordinary share in the company for the five business days prior to the day the purchase is made and the value of an ordinary share calculated on the basis of the higher of the price quoted for the last independent trade of and the highest current independent bid for any number of the company’s ordinary shares on the trading venue where the purchase is carried out. The authority shall expire on the date which is 15 months from the passing of this resolution or if earlier, at the conclusion of the company’s next annual general meeting save that the company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase ordinary shares which will or may be executed wholly or partly after the expiry of such authority. As of February 2, 2025, the company had 52,390,671 shares in outstanding and 1,572,197 shares in treasury.
On March 18, 2025, the company announces a share repurchase program. Under the program, the company will repurchase up to £0.1 million worth of its shares. The repurchase program will be funded from the company's existing cash resources. The repurchase shares will be held in treasury. Reported Earnings • Feb 04
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.008 (up from UK£0.002 in FY 2023). Revenue: UK£43.0m (flat on FY 2023). Net income: UK£426.0k (up 241% from FY 2023). Profit margin: 1.0% (up from 0.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 175%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Construction industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Feb 04
Diales Plc, Annual General Meeting, Feb 26, 2025 Diales Plc, Annual General Meeting, Feb 26, 2025. Location: 125 old broad street, london, ec2n 1ar United Kingdom Declared Dividend • Dec 05
Final dividend of UK£0.0075 announced Dividend of UK£0.0075 is the same as last year. Ex-date: 27th February 2025 Payment date: 10th April 2025 Dividend yield will be 5.4%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (376% earnings payout ratio) nor is it covered by cash flows (377% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 317% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Dec 04
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.008 (up from UK£0.002 in FY 2023). Revenue: UK£43.0m (flat on FY 2023). Net income: UK£426.0k (up 241% from FY 2023). Profit margin: 1.0% (up from 0.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 175%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Construction industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Dec 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 376% Cash payout ratio: 377% Earnings have declined by 53% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (UK£15.3m market cap, or US$19.4m). Buy Or Sell Opportunity • Dec 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to UK£0.29. The fair value is estimated to be UK£0.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Dec 03
Diales plc Proposes Final Dividend for the Year 2024, Payable on April 10, 2025 Diales Plc proposed a final dividend for 2024 of 0.75 pence per share (2023: 0.75 pence per share) in addition to the interim dividend paid in October 2024 of 0.75 pence per share (2023: 0.75 pence). This will be paid on 10 April 2025 to shareholders who are on the register of members at the close of business on 28 February 2025, with an ex-dividend date of 27 February 2025, subject to approval at the Group's Annual General Meeting. Announcement • Nov 29
Diales Plc to Report Fiscal Year 2024 Results on Dec 03, 2024 Diales Plc announced that they will report fiscal year 2024 results on Dec 03, 2024 Announcement • Oct 30
Diales plc Provides Group Earnings Guidance for the Year Ended 30 September 2024 Diales Plc provided group earnings guidance for the year ended 30 September 2024. The group expects to report revenue from continuing operations in fiscal year 2024 of £43.0 million (fiscal year 2023: £42.6 million). Announcement • Jun 18
Driver Group plc (AIM:DRV) commences an Equity Buyback Plan for 5,261,072 shares, representing 10% of its issued share capital, under the authorization approved on March 5, 2024. Driver Group plc (AIM:DRV) commences share repurchases on June 17, 2024, under the program mandated by the shareholders in the Annual General Meeting held on March 5, 2024. As per the mandate, the company is authorized to repurchase up to 5,261,072 shares, representing 10% of its issued share capital. The minimum purchase price will be 0.4 pence per share and the maximum repurchase price will be 105% of the average market value of an ordinary share in the company for the five business days prior to the day the purchase is made and the value of an ordinary share calculated on the basis of the higher of the price quoted for the last independent trade of and the highest current independent bid for any number of the company’s ordinary shares on the trading venue where the purchase is carried out. The authority shall expire on the date which is 15 months from the passing of this resolution or if earlier, at the conclusion of the company’s next annual general meeting save that the company may, before the expiry of the authority granted by this resolution, enter into a contract to purchase ordinary shares which will or may be executed wholly or partly after the expiry of such authority. As of February 5, 2024, the company had 1,352,140 shares in treasury.
On June 12, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to £0.25 million worth of its shares. The repurchase program will be funded from the company's existing cash resources. The repurchase shares will be held in treasury. Declared Dividend • Jun 14
First half dividend of UK£0.0075 announced Dividend of UK£0.0075 is the same as last year. Ex-date: 19th September 2024 Payment date: 25th October 2024 Dividend yield will be 6.0%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not covered by earnings (213% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 136% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Jun 13
First half 2024 earnings released: EPS: UK£0.006 (vs UK£0.006 in 1H 2023) First half 2024 results: EPS: UK£0.006 (in line with 1H 2023). Revenue: UK£22.5m (down 7.2% from 1H 2023). Net income: UK£406.0k (up 35% from 1H 2023). Profit margin: 1.8% (up from 1.2% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Jun 13
Driver Group plc Recommends Interim Dividend, Payable on 25 October 2024 The Board of Driver Group plc recommended the payment of an interim dividend of 0.75 pence per share for 2024 (2023: 0.75 pence per share). The interim dividend will be paid on 25 October 2024 to shareholders who are on the register of members at the close of business on 20 September 2024, with an ex-dividend date of 19 September 2024. Announcement • Apr 27
Driver Group plc Provides Revenue Guidance for the Six-Month Period Ended 31 March 2024 Driver Group plc provided revenue guidance for the six-month period ended 31 March 2024. The Board expects to report revenue for the half year of £22.5 million (first half of fiscal year 2023: £24.2 million). Announcement • Mar 06
Driver Group plc Approves Final Dividend for the Year Ended 30 September 2023 Driver Group plc at its AGM held on March 5, 2024 approved final dividend of 0.75p per share for the year ended 30 September 2023. New Risk • Feb 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 41% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (dividend per share is over 6x earnings per share). Large one-off items impacting financial results. Market cap is less than US$100m (UK£15.0m market cap, or US$18.9m). Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: UK£0.002 (vs UK£0.055 loss in FY 2022) Full year 2023 results: EPS: UK£0.002 (up from UK£0.055 loss in FY 2022). Revenue: UK£42.6m (down 9.1% from FY 2022). Net income: UK£125.0k (up UK£3.01m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Driver Group plc, Annual General Meeting, Mar 05, 2024 Driver Group plc, Annual General Meeting, Mar 05, 2024, at 11:00 Coordinated Universal Time. Reported Earnings • Dec 15
Full year 2023 earnings released: EPS: UK£0.002 (vs UK£0.055 loss in FY 2022) Full year 2023 results: EPS: UK£0.002 (up from UK£0.055 loss in FY 2022). Revenue: UK£42.6m (down 9.1% from FY 2022). Net income: UK£125.0k (up UK£3.01m from FY 2022). Profit margin: 0.3% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Dec 14
Driver Group plc Proposes Final Dividend for 2023, Payable on 11 April 2024 Driver Group plc proposed a final dividend for 2023 of 0.75p per share (2022: 0.75p per share) in addition to the interim dividend paid in October 2023 of 0.75p per share (2022: 0.75p). This will be paid on 11 April 2024 to shareholders who are on the register of members at the close of business on 1 March 2024, with an ex-dividend date of 29 February 2024, subject to approval at the Group's Annual General Meeting. Announcement • Dec 05
Driver Group plc to Report Fiscal Year 2023 Results on Dec 14, 2023 Driver Group plc announced that they will report fiscal year 2023 results on Dec 14, 2023 Announcement • Sep 26
Driver Group PLC Provides Earnings Guidance for the Fiscal Year 2023 Driver Group PLC provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue to be close to that reported in fiscal year 2022 and profitability for the full year will show a substantial improvement on the prior year, with a further improved cash position. Reported Earnings • Jun 14
First half 2023 earnings released: EPS: UK£0.006 (vs UK£0.003 loss in 1H 2022) First half 2023 results: EPS: UK£0.006 (up from UK£0.003 loss in 1H 2022). Revenue: UK£24.2m (flat on 1H 2022). Net income: UK£301.0k (up UK£480.0k from 1H 2022). Profit margin: 1.2% (up from net loss in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 24
Full year 2022 earnings released: UK£0.055 loss per share (vs UK£0.021 profit in FY 2021) Full year 2022 results: UK£0.055 loss per share (down from UK£0.021 profit in FY 2021). Revenue: UK£46.9m (down 3.8% from FY 2021). Net loss: UK£2.88m (down 359% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Feb 15
Driver Group plc, Annual General Meeting, Mar 23, 2023 Driver Group plc, Annual General Meeting, Mar 23, 2023. Announcement • Feb 10
Driver Group plc to Report Fiscal Year 2022 Results on Feb 23, 2023 Driver Group plc announced that they will report fiscal year 2022 results on Feb 23, 2023 Price Target Changed • Nov 16
Price target decreased to UK£0.49 Down from UK£0.72, the current price target is provided by 1 analyst. New target price is 92% above last closing price of UK£0.26. Stock is down 63% over the past year. The company posted earnings per share of UK£0.021 last year. Announcement • Jun 21
Driver Group plc Announces Interim Dividend, Payable on 27 October 2022 Driver Group PLC announced that further to the interim results announcement, the interim dividend of 0.75 pence per share will be paid on 27 October 2022 to shareholders who are on the register of members at the close of business on 23 September 2022, with an ex-dividend date of 22 September 2022. Reported Earnings • Jun 15
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£564.0k from profit in 1H 2021). Profit margin: (down from 2.3% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 5.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jun 14
Driver Group plc Recommends Interim Dividend for 2022 Driver Group plc recommends the payment of an interim dividend of 0.75 pence per share for 2022. Announcement • May 26
Driver Group plc to Report First Half, 2022 Results on Jun 14, 2022 Driver Group plc announced that they will report first half, 2022 results on Jun 14, 2022 Announcement • May 23
Driver Group Provides Earnings Guidance for the Six Months Ended 31 March 2022 Driver Group provided earnings guidance for the six months ended 31 March 2022. For the period, the company expects to report interim profit before tax in line with recent guidance of between £300,000 and £500,000. Announcement • May 03
Driver Group plc Appoints Charlotte Parsons to the Board as Chief Financial Officer, Effective 20 July 2022 Driver Group plc announced the appointment of Charlotte Parsons to the Board as Chief Financial Officer, with effect from 20 July 2022. Ahead of her appointment on 20 July 2022, Charlotte will be available to the Company on a part time basis in a consultancy capacity. Charlotte brings with her a wealth of relevant disciplinary and sectoral experience in senior finance and operational roles over 23 years in international property, engineering, and construction consultancies. In the period between now and Charlotte joining the Board, the Company's Finance Controller, James Keenan, will report directly to the Driver Board. Price Target Changed • Apr 27
Price target decreased to UK£0.62 Down from UK£0.72, the current price target is provided by 1 analyst. New target price is 130% above last closing price of UK£0.27. Stock is down 51% over the past year. The company is forecast to post earnings per share of UK£0.035 for next year compared to UK£0.021 last year. Announcement • Mar 29
Driver Group plc Announces the Resignation of David Kilgour as Chief Financial Officer Driver Group plc announces that David Kilgour has tendered his resignation as Chief Financial Officer and will leave the Group to pursue other ventures. Announcement • Feb 05
Driver Group plc, Annual General Meeting, Mar 08, 2022 Driver Group plc, Annual General Meeting, Mar 08, 2022, at 15:00 Coordinated Universal Time. Location: 110 Cannon Street Lodon, United Kingdom Reported Earnings • Jan 25
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£0.021 (down from UK£0.026 in FY 2020). Revenue: UK£48.8m (down 8.1% from FY 2020). Net income: UK£1.11m (down 17% from FY 2020). Profit margin: 2.3% (down from 2.5% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 2.5%, compared to a 3.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 12
First half 2021 earnings released: EPS UK£0.011 (vs UK£0.018 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: UK£25.0m (down 11% from 1H 2020). Net income: UK£564.0k (down 41% from 1H 2020). Profit margin: 2.3% (down from 3.4% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Is New 90 Day High Low • Feb 10
New 90-day low: UK£0.49 The company is down 6.0% from its price of UK£0.52 on 11 November 2020. The British market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 12% over the same period. Announcement • Jan 30
Driver Group plc, Annual General Meeting, Mar 01, 2021 Driver Group plc, Annual General Meeting, Mar 01, 2021, at 15:00 Coordinated Universal Time. Location: 110 cannon street London United Kingdom Reported Earnings • Dec 16
Full year 2020 earnings released: EPS UK£0.026 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£53.1m (down 9.3% from FY 2019). Net income: UK£1.34m (down 51% from FY 2019). Profit margin: 2.5% (down from 4.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Dec 16
Revenue misses expectations Revenue missed analyst estimates by 0.06%. Is New 90 Day High Low • Dec 10
New 90-day high: UK£0.58 The company is up 4.0% from its price of UK£0.56 on 10 September 2020. The British market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 14% over the same period. Announcement • Nov 13
Driver Group plc to Report Fiscal Year 2020 Results on Dec 15, 2020 Driver Group plc announced that they will report fiscal year 2020 results on Dec 15, 2020 Announcement • Nov 03
Driver Group Announces Appointment David Merritt as Quantum Expert Driver Group has appointed David Merritt as a Quantum Expert. With a major global presence for over 40 years, the company has grown to over 500 members of staff, with offices across the Americas, Asia Pacific, Europe, and the Middle East. Based in Dubai, Merritt has been engaged by contractors, private and public sector employers and various professional practices. His major sector experience includes buildings, infrastructure, marine and energy projects across Europe, Africa, the Far East and the Middle East where he has worked on many high-profile projects with values in excess of $5 billion. Merritt's main area of technical expertise is in evaluating contractual claims, covering such subject matters as prolongation, disruption, acceleration, cost escalation, depreciation, head office overheads, and loss of profit claims. Is New 90 Day High Low • Oct 16
New 90-day low: UK£0.47 The company is down 31% from its price of UK£0.67 on 17 July 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 9.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: UK£0.48 The company is down 4.0% from its price of UK£0.51 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 12% over the same period.