Reported Earnings • Jun 16
First half 2026 earnings released: EPS: UK£0.26 (vs UK£0.27 in 1H 2025) First half 2026 results: EPS: UK£0.26 (down from UK£0.27 in 1H 2025). Revenue: UK£83.4m (up 1.3% from 1H 2025). Net income: UK£7.89m (down 3.2% from 1H 2025). Profit margin: 9.5% (in line with 1H 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Declared Dividend • Jun 15
First half dividend increased to UK£0.096 Dividend of UK£0.096 is 8.8% higher than last year. Ex-date: 25th June 2026 Payment date: 10th July 2026 Dividend yield will be 4.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but not covered by cash flows (dividend approximately 41x free cash flows). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 8.2% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 13
Jersey Electricity plc Declares Interim Dividend for the Six Months Ended 31 March 2026, Payable on 10 July 2026 Jersey Electricity plc approved at a meeting on 12 June 2026 the Interim Management Report for the six months ended 31 March 2026 and declared an interim dividend of 9.26p compared to 8.82p for 2024/25. The dividend will be paid on 10 July 2026 to those shareholders registered in the records of the Company at the close of business on 26 June 2026. Announcement • Jun 11
Jersey Electricity plc to Report Fiscal Year 2026 Results on Dec 18, 2026 Jersey Electricity plc announced that they will report fiscal year 2026 results on Dec 18, 2026 Upcoming Dividend • Feb 12
Upcoming dividend of UK£0.13 per share Eligible shareholders must have bought the stock before 19 February 2026. Payment date: 13 March 2026. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of British dividend payers (5.3%). Higher than average of industry peers (3.7%). Announcement • Jan 31
Jersey Electricity plc Announces Board and Committee Changes Jersey Electricity plc announced that, following completion of his nine-year term, Mr. Tony Taylor will resign from the Board at the quarterly board meeting on 03 September 2026. In preparedness, Mr. Paul Savery, who joined the Board on 01 December 2025, will become a Member of the Audit and Risk Committee and the Nominations Committee, with effect from 04 March 2026, to allow for a shadow period. Declared Dividend • Dec 18
Final dividend of UK£0.13 announced Shareholders will receive a dividend of UK£0.13. Ex-date: 19th February 2026 Payment date: 13th March 2026 Dividend yield will be 4.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Reported Earnings • Dec 17
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: UK£0.36 (down from UK£0.38 in FY 2024). Revenue: UK£146.2m (up 7.7% from FY 2024). Net income: UK£11.0m (down 5.3% from FY 2024). Profit margin: 7.5% (down from 8.6% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. 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 3% per year, which means it is significantly lagging earnings. New Risk • Dec 16
New major risk - Revenue and earnings growth Earnings have declined by 3.5% 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 Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Announcement • Dec 16
Jersey Electricity plc, Annual General Meeting, Mar 05, 2026 Jersey Electricity plc, Annual General Meeting, Mar 05, 2026. Location: the powerhouse, queens road, st helier, Jersey Announcement • Jul 25
Jersey Electricity plc Announces Changes to the Composition of the Board Committees with Immediate Effect Jersey Electricity plc announced the following changes to the composition of the Board Committees with immediate effect: Kayte O'Neill will step down as Member of the Audit and Risk Committee. Katye O'Neill will be appointed as the Remuneration Committee Chair. Kayte O'Neill will be appointed as a Member of the Nomination Committee. Tony Taylor will step down as the Chair and as a Member of the Remuneration Committee. Tony Taylor will be appointed as a Member of the Audit and Risk Committee. Roger Blundell will be appointed as a Member of the Remuneration Committee. Roger Blundell will step down as a Member of the Nomination Committee. Reported Earnings • Jun 09
First half 2025 earnings released: EPS: UK£0.27 (vs UK£0.26 in 1H 2024) First half 2025 results: EPS: UK£0.27 (up from UK£0.26 in 1H 2024). Revenue: UK£82.4m (up 9.0% from 1H 2024). Net income: UK£8.15m (up 1.7% from 1H 2024). Profit margin: 9.9% (in line with 1H 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 08
First half dividend increased to UK£0.088 Dividend of UK£0.088 is 5.0% higher than last year. Ex-date: 12th June 2025 Payment date: 27th June 2025 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.7% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • Jun 06
New major risk - Revenue and earnings growth Earnings have declined by 3.8% 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 Risk Earnings have declined by 3.8% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (99% cash payout ratio). Announcement • Apr 17
Jersey Electricity plc Announces Phil Austin to Step Down as Chair of the Board Jersey Electricity plc announced its intention to commence the search for a new Chair of the Board as Mr. Phil Austin MBE is planning to step down at the AGM in 2026, having served a full term. Upcoming Dividend • Feb 13
Upcoming dividend of UK£0.12 per share Eligible shareholders must have bought the stock before 20 February 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 54% and the cash payout ratio is 99%. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (4.9%). Declared Dividend • Dec 22
Final dividend of UK£0.12 announced Shareholders will receive a dividend of UK£0.12. Ex-date: 21st February 2025 Payment date: 14th March 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not adequately covered by cash flows (99% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • Dec 20
Jersey Electricity plc, Annual General Meeting, Mar 05, 2025 Jersey Electricity plc, Annual General Meeting, Mar 05, 2025. Location: the powerhouse, queens road, st helier, Jersey Reported Earnings • Dec 19
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: UK£0.38 (up from UK£0.37 in FY 2023). Revenue: UK£135.7m (up 8.5% from FY 2023). Net income: UK£11.6m (up 3.0% from FY 2023). Profit margin: 8.6% (down from 9.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 31%. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. New Risk • Dec 06
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.8% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Dividend is not well covered by cash flows (138% cash payout ratio). Buy Or Sell Opportunity • Nov 27
Now 21% overvalued Over the last 90 days, the stock has fallen 1.1% to UK£4.40. The fair value is estimated to be UK£3.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 9.6% in a year. Earnings are forecast to decline by 17% in the next year. Buy Or Sell Opportunity • Nov 07
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at UK£4.45. The fair value is estimated to be UK£3.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 9.6% in a year. Earnings are forecast to decline by 17% in the next year. Buy Or Sell Opportunity • Oct 22
Now 21% overvalued Over the last 90 days, the stock has fallen 2.7% to UK£4.40. The fair value is estimated to be UK£3.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 9.6% in a year. Earnings are forecast to decline by 17% in the next year. Announcement • Sep 11
Jersey Electricity plc Announces Directorate Appointments, Effective October 1, 2024 Jersey Electricity Plc announced the appointments of Iman Hill and Roger Blundell as non-executive Directors with effect from 1 October 2024. Iman is an experienced executive in the oil and gas industry. Until recently she was CEO of the International Oil and Gas Producers' Association, where she led the development of their Carbon Transition Strategy, supporting the industry in reducing emissions, and improving performance in health and safety, environmental and engineering asset management. She is currently a non-executive director of United Oil and Gas and ReconAfrica. Over a career spanning forty years in the energy industry, she has held senior technical and managerial roles, leading engineering operations and working closely with stakeholders, including foreign governments and regulators. She has recently been appointed as Country Manager and Managing Director in Egypt for VAALCO Energy Inc. Iman holds a Masters degree in Computer Science and a BSc in Biochemistry from Aberdeen University and is a graduate of the Shell MBA programme at INSEAD. Roger was CFO at Grosvenor Property UK from 2007-2022, with overall responsibility for all financial aspects of the business. He is currently a board member of the UK Government Property Agency and chair of the Investment Committee, a member of the Council of University College London where he chairs the Finance committee and a trustee of the National Portrait Gallery, where he chairs the Audit and Risk Committee. Over a period of over thirty years, Roger has held senior roles in finance, including Group Finance Director at Kensington Group plc, Director of Group Finance, Tax and Treasury at Kingfisher plc, and Finance Director of Sky Interactive at BSkyB plc Roger holds a BSc in Mathematics and Statistics from Edinburgh University and is a FCA of the ICAEW, having trained as an auditor with Arthur Andersen. Both appointments are being made as part of the Board's planned succession for Alan Bryce and Wendy Dorman to step down from the Board, respectively in December 2024 and July 2025. Both appointments will bring further diversity of background and experience to the Board. Independence: The Board considers that Iman and Roger are independent in character and judgment, and that there are no relationships or circumstances that are likely to affect their judgment. Selection: Both appointees were selected through a process overseen by the Nominations Committee with the use of an external recruitment consultant. Announcement • May 23
Jersey Electricity plc Announces Company Secretary Change Jersey Electricity plc announced the resignation of Fiona Wilson as Company Secretary with effect from 20 May 2024. The company announced that Andrew Welsby has been appointed by the Board as the new Company Secretary. Declared Dividend • May 22
First half dividend increased to UK£0.084 Dividend of UK£0.084 is 5.0% higher than last year. Ex-date: 6th June 2024 Payment date: 24th June 2024 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (138% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • May 22
Jersey Electricity plc to Report Fiscal Year 2024 Results on Dec 18, 2024 Jersey Electricity plc announced that they will report fiscal year 2024 results on Dec 18, 2024 Upcoming Dividend • Feb 15
Upcoming dividend of UK£0.11 per share at 4.3% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (5.9%). Reported Earnings • Dec 21
Full year 2023 earnings: Revenues in line with analyst expectations Full year 2023 results: Revenue: UK£125.1m (up 6.5% from FY 2022). Net income: UK£11.3m (up 36% from FY 2022). Profit margin: 9.0% (up from 7.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. New Risk • Dec 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.08% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kayte O'Neill was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 25
Upcoming dividend of UK£0.08 per share at 3.9% yield Eligible shareholders must have bought the stock before 01 June 2023. Payment date: 20 June 2023. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (5.0%). Reported Earnings • May 19
First half 2023 earnings released First half 2023 results: Revenue: UK£69.4m (up 6.7% from 1H 2022). Net income: UK£8.04m (up 46% from 1H 2022). Profit margin: 12% (up from 8.4% in 1H 2022). Announcement • May 18
Jersey Electricity plc Declares an Interim Dividend for 2023, Payable on 20 June 2023 Jersey Electricity plc at Board meeting on 17 May 2023 declared an interim dividend of 8.00 pence for 2023 compared to 7.60 pence for 2022. The dividend will be paid on 20 June 2023 to those shareholders registered in the records of the Company at the close of business on 2 June 2023. The final dividend for 2022 of 10.80 pence, paid in late March in respect of the last financial year, was an increase of 5% on the previous year. Buying Opportunity • May 03
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 9.8%. The fair value is estimated to be UK£5.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • Mar 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.8%. The fair value is estimated to be UK£5.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Upcoming Dividend • Feb 09
Upcoming dividend of UK£0.11 per share at 3.5% yield Eligible shareholders must have bought the stock before 16 February 2023. Payment date: 23 March 2023. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (4.4%). Announcement • Jan 20
Jersey Electricity plc Announces Board Changes Jersey Electricity plc announced that as previously announced in August 2022 Executive Director on the Board of the Company, Martin Magee, will be retiring during 2023. The company announce that following an extensive executive search, Lynne Fulton will be joining the Business in the Spring and will work alongside Martin to enable an orderly handover of responsibilities to take place in the Summer. Lynne is currently Financial Controller at United Utilities. A further announcement will be made when the date of the handover has been confirmed. Announcement • Dec 22
Jersey Electricity plc Announces Final Dividend for the Period Ended September 30, 2022, Payable on March 23, 2023 Jersey Electricity plc announced a final dividend of 10.80p on the Ordinary and 'A' Ordinary shares in respect of the year ended 30 September 2022 was recommended (2021: 10.20p).Together with the interim dividend of 7.60p (2021: 7.20p) the proposed total dividend declared for the year was 18.40p on each share (2021: 17.40p). The final dividend will be paid on 23 March 2023 to those shareholders registered on 17 February 2023 (not 16 February as earlier stated). Announcement • Dec 21
Jersey Electricity plc, Annual General Meeting, Mar 08, 2023 Jersey Electricity plc, Annual General Meeting, Mar 08, 2023, at 14:00 Coordinated Universal Time. Location: Powerhouse, Queens Road, St. Helier, Jersey Helier Jersey Reported Earnings • Dec 20
Full year 2022 earnings released Full year 2022 results: Revenue: UK£117.4m (down 1.0% from FY 2021). Net income: UK£8.33m (down 49% from FY 2021). Profit margin: 7.1% (down from 14% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Announcement • Aug 12
Jersey Electricity plc Announces Resignation of Martin Magee as Finance Director and Executive Director on the Board, Effective September 30, 2023 Jersey Electricity plc announced that Mr. Martin Magee, Finance Director and Executive Director on the Board of the Company, has given advanced notice of his intention to retire from the Company by 30 September 2023. Upcoming Dividend • May 25
Upcoming dividend of UK£0.076 per share Eligible shareholders must have bought the stock before 01 June 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (4.8%). In line with average of industry peers (4.2%). Announcement • May 21
Jersey Electricity plc to Report Fiscal Year 2022 Results on Dec 20, 2022 Jersey Electricity plc announced that they will report fiscal year 2022 results on Dec 20, 2022 Reported Earnings • May 20
First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First half 2022 results: EPS: UK£0.18 (down from UK£0.27 in 1H 2021). Revenue: UK£65.0m (down 3.1% from 1H 2021). Net income: UK£5.49m (down 34% from 1H 2021). Profit margin: 8.4% (down from 12% in 1H 2021). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 100%. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Announcement • May 19
Jersey Electricity plc Declares Interim Dividend for the Year 2022, Payable on 21 June 2022 Jersey Electricity plc approved at a meeting on 18 May 2022 the Interim Management Report for the six months ended 31 March 2022 and declared an interim dividend of 7.60p compared to 7.20p for 2021. The dividend will be paid on 21 June 2022 to those shareholders registered in the records of the Company at the close of business on 3 June 2021. Announcement • Mar 07
Jersey Electricity plc Approves the Appointment of K O'neill as Director Jersey Electricity plc at the AGM, the shareholders approved the appointment of K O'Neill as a Director. Upcoming Dividend • Feb 10
Upcoming dividend of UK£0.10 per share Eligible shareholders must have bought the stock before 17 February 2022. Payment date: 24 March 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (4.2%). Lower than average of industry peers (4.2%). Reported Earnings • Jan 31
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: UK£0.53 (up from UK£0.38 in FY 2020). Revenue: UK£118.6m (up 6.1% from FY 2020). Net income: UK£16.2m (up 39% from FY 2020). Profit margin: 14% (up from 10% in FY 2020). Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 9.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Dec 17
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: UK£118.6m (up 6.1% from FY 2020). Net income: UK£16.2m (up 39% from FY 2020). Profit margin: 14% (up from 10% in FY 2020). Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to stay flat compared to a 7.9% growth forecast for the industry in the United Kingdom. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Non-Executive Director Lis Iceton was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Executive Departure • Sep 03
Independent Non-Executive Director Peter Simon has left the company On the 31st of August, Peter Simon's tenure as Independent Non-Executive Director ended after 2.5 years in the role. As of June 2021, Peter still personally held only 2.21k shares (UK£10k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.50 years. Upcoming Dividend • May 27
Upcoming dividend of UK£0.072 per share Eligible shareholders must have bought the stock before 03 June 2021. Payment date: 25 June 2021. Trailing yield: 3.1%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (3.7%). Reported Earnings • May 19
First half 2021 earnings released: EPS UK£0.27 (vs UK£0.26 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: UK£67.1m (up 4.5% from 1H 2020). Net income: UK£8.27m (up 4.0% from 1H 2020). Profit margin: 12% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • May 14
Jersey Electricity plc Declares Interim Dividend for the Year 2021, Payable on 25 June 2021 The Board of Jersey Electricity plc approved at a meeting on 13 May 2021 declared an interim dividend of 7.20 pence compared to 6.80 pence for 2020. The dividend will be paid on 25 June 2021 to those shareholders registered in the records of the Company at the close of business on 4 June 2021. Executive Departure • Mar 09
Senior Independent Director has left the company On the 4th of March, Aaron Le Cornu's tenure as Senior Independent Director ended after 10.2 years in the role. We don't have any record of a personal shareholding under Aaron's name. Aaron is the only executive to leave the company over the last 12 months. Upcoming Dividend • Feb 11
Upcoming Dividend of UK£0.097 Per Share Will be paid on the 25th of March to those who are registered shareholders by the 18th of February. The trailing yield of 3.9% is below the top quartile of British dividend payers (4.6%), but is in line with industry peers (3.6%). Analyst Estimate Surprise Post Earnings • Jan 22
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.7%. Analyst Estimate Surprise Post Earnings • Jan 20
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.7%. Reported Earnings • Jan 20
Full year 2020 earnings released: EPS UK£0.38 The company reported a soft full year result with weaker earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: UK£111.7m (flat on FY 2019). Net income: UK£11.6m (down 1.3% from FY 2019). Profit margin: 10% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Is New 90 Day High Low • Jan 06
New 90-day high: UK£5.30 The company is up 8.0% from its price of UK£4.92 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 15% over the same period. Analyst Estimate Surprise Post Earnings • Dec 17
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.7%. Is New 90 Day High Low • Oct 21
New 90-day high: UK£4.98 The company is up 6.0% from its price of UK£4.70 on 22 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day high: UK£4.82 The company is up 3.0% from its price of UK£4.70 on 02 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period.