Tillkännagivande • May 22
Luceco plc Approves Final Dividend Luceco plc announced that its AGM held on May 19, 2026, approved to pay a final dividend of 4.2 pence per share. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£2.70, the stock trades at a forward P/E ratio of 16x. Average trailing P/E is 24x in the Electrical industry in the United Kingdom. Total returns to shareholders of 133% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.50 per share. Tillkännagivande • Apr 02
Luceco plc Announces Changes in Directorate Roles and Responsibilities, Effective March 31, 2026 Luceco plc announced the following changes in directorate roles and responsibilities. Following a review by the Board, Tim Surridge is no longer deemed to be independent due to his length of tenure. He will remain on the Board as a non-executive director in order to facilitate an orderly handover of his Remuneration Committee Chair responsibilities. The following changes will be made to the Board Committees with immediate effect from 31 March 2026: Audit Committee: Tim Surridge to step down as a member. Nomination Committee: Janet Ryan to join as a member. Remuneration Committee: Tim Surridge to resign as Chair and a member. Martyn Coffey to be appointed as Chair. The composition of the Board Committees following these changes is as follows: Audit Committee: Janet Ryan (Chair), Julia Hendrickson, Pim Vervaat. Nomination Committee: Giles Brand (Chair), Caroline Brown, Janet Ryan, Pim Vervaat. Remuneration Committee: Martyn Coffey (Chair), Caroline Brown, Julia Hendrickson, Pim Vervaat. Disclosure Committee: Giles Brand (Chair), John Hornby, Will Hoy. Tillkännagivande • Mar 27
Luceco plc Proposes Final Dividend for the Year Ended 31 December 2025, Payable on 22 May 2026 Luceco plc announced the board proposed to pay a final dividend of 4.2 pence per share for the year ended 31 December 2025, taking the full-year dividend to 6.0 pence per share, representing a payout of 40% of earnings. If approved at the Annual General Meeting, the final dividend will be paid on 22 May 2026 to shareholders on the register on 10 April 2026. The ex-dividend date will be 9 April 2026. Annual General Meeting is 19 May 2026. Tillkännagivande • Jan 29
Luceco plc Provides Earning Guidance for the Full Year 2026 Luceco plc provided earning guidance for the full year 2026. Strong sales momentum entering 2026 and increasingly significant exposure to structural growth in the energy transition sector underpins outlook. The Board is increasing its revenue and Adjusted Operating Profit expectations for 2026 to comfortably exceed current market consensus. Tillkännagivande • Sep 09
Luceco plc to Report Fiscal Year 2025 Results on Mar 24, 2026 Luceco plc announced that they will report fiscal year 2025 results on Mar 24, 2026 Tillkännagivande • Jul 22
Luceco plc Announces Board and Committee Changes, Effective 21 July 2025 The Board of Luceco plc announced that Janet Ryan will replace Tim Surridge as Chair of the Audit Committee on 21 July 2025. Tim Surridge will remain on the Board and continue to be a member of the Audit Committee. Janet is a management accountant with considerable experience in international industrial and manufacturing businesses. Most recently, she held the position of Group Finance Director at AB Sugar, a highly complex global division of Associate British Foods plc. Previously, Janet held senior leadership roles both in the UK and overseas with Victrix plc, Cabot Corporation, Huntsman Corporation and ICI plc. Janet is currently the Audit Chair of Scott Bader, an independent member of the Audit Committee for Cancer Research UK and a Trustee for Community Integrated Care. Tillkännagivande • May 22
Luceco plc Approves Final Dividend Luceco plc at its AGM held on May 20, 2025 approved final dividend of 3.3 pence per ordinary share. Tillkännagivande • Oct 02
Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million. Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million on September 30, 2024. The transaction will be financed through senior debt of £40 million. CMD senior management team which will remain with the business, continuing to operate from its headquarters in Rotherham. For the period ending December 31, 2023, CMD Limited reported total revenue of £23.1 million and EBITDA of £4 million.
Luceco plc (LSE:LUCE) completed the acquisition of CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners on September 30, 2024. Tillkännagivande • Sep 10
Luceco plc Announces Interim Dividend, Payable on 25 October 2024 The Board of Luceco plc will pay an interim dividend of 1.7 pence per share, up 6.3% over the prior year. This will be paid to shareholders on 25 October 2024 who are on the register on 20 September 2024 and the last day for dividend reinvestment (DRIP) elections is 4 October 2024. This compares to a 1.6 pence interim dividend in 2023. Tillkännagivande • Jul 23
Luceco plc Provides Earning Guidance for the Full Year 2024 Luceco plc provided earning guidance for the full year 2024. The Board is encouraged by the strong start to the year with performance expectations for the full year in line with market expectations. Tillkännagivande • Jun 18
Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024 The Board of Luceco plc announced the appointment of Janet Ryan as a Non-Executive Director with effect from 1 July 2024. Janet is a management accountant with considerable experience in international industrial and manufacturing businesses. Most recently, she has been Group Finance Director at AB Sugar, part of Associated British Foods. Previously, she has held leadership roles with Cabot Corporation, ICI and Victrex, and has led a number of acquisitions across her successful finance career. Janet is an independent member of the Audit Committee for Cancer Research UK, and a Trustee for Community Integrated Care. Janet will become a member of the Audit Committee with effect from 1 July 2024. Tillkännagivande • May 15
Luceco plc Declares Final Dividend Luceco plc at its Annual General Meeting held on 14 May 2024, declared a final dividend of 3.2 pence per ordinary share. Recent Insider Transactions • Apr 08
CFO & Executive Director recently bought UK£92k worth of stock On the 3rd of April, William Hoy bought around 65k shares on-market at roughly UK£1.42 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. William has been a buyer over the last 12 months, purchasing a net total of UK£259k worth in shares. Declared Dividend • Mar 28
Final dividend of UK£0.032 announced Shareholders will receive a dividend of UK£0.032. Ex-date: 11th April 2024 Payment date: 17th May 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 49% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: UK£0.11 (vs UK£0.071 in FY 2022) Full year 2023 results: EPS: UK£0.11 (up from UK£0.071 in FY 2022). Revenue: UK£209.0m (up 1.3% from FY 2022). Net income: UK£16.7m (up 52% from FY 2022). Profit margin: 8.0% (up from 5.3% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 01
Luceco plc acquired D-Line (Europe) Ltd £12.4 million. Luceco plc acquired D-Line (Europe) Ltd. on for £12.4 million on March 01, 2024. The consideration will be paid in an initial cash consideration of £8.6 million, with another £3.8 million to be paid if the firm secures a “transformational” new business win and if certain working capital balances.
Luceco plc completed the acquisition of D-Line (Europe) Ltd. for on March 01, 2024. Tillkännagivande • Jan 30
Luceco plc Provides Earnings Guidance for the Year 2023 Luceco plc provided earnings guidance for the year 2023. The Group expects to report full year 2023 revenue of £209 million. New Risk • Jan 30
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 8.0% 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 High level of debt (43% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to UK£1.62, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Electrical industry in the United Kingdom. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.34 per share. Buy Or Sell Opportunity • Jan 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to UK£1.62. The fair value is estimated to be UK£1.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Board Change • Oct 01
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. Independent Non-Executive Director Julia Hendrickson 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. Buying Opportunity • Sep 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.4%. The fair value is estimated to be UK£1.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 39% in the next 2 years. Reported Earnings • Sep 06
First half 2023 earnings released: EPS: UK£0.034 (vs UK£0.027 in 1H 2022) First half 2023 results: EPS: UK£0.034 (up from UK£0.027 in 1H 2022). Revenue: UK£101.1m (down 5.0% from 1H 2022). Net income: UK£5.30m (up 26% from 1H 2022). Profit margin: 5.2% (up from 3.9% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% 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. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.22, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Electrical industry in the United Kingdom. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.04 per share. Tillkännagivande • May 11
Luceco plc Approves Final Dividend Luceco plc at its AGM held on May 10, 2023 approved final dividend of 3.0 pence per ordinary share. Tillkännagivande • May 10
Luceco plc Proposes Final Dividend, Payable on 19 May 2023 Luceco plc proposing to pay a final dividend of 3.0p, subject to approval at the AGM This final dividend takes the full-year dividend to 4.6p representing a payout of 41% of 2022 earnings and 100% increase on 2019. The final dividend will be paid on 19 May 2023 to shareholders on the register on 11 April 2023. Upcoming Dividend • Mar 31
Upcoming dividend of UK£0.03 per share at 3.7% yield Eligible shareholders must have bought the stock before 06 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.3%). Reported Earnings • Mar 21
Full year 2022 earnings released: EPS: UK£0.071 (vs UK£0.18 in FY 2021) Full year 2022 results: EPS: UK£0.071 (down from UK£0.18 in FY 2021). Revenue: UK£206.3m (down 9.6% from FY 2021). Net income: UK£11.0m (down 59% from FY 2021). Profit margin: 5.3% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 22% share price gain to UK£1.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electrical industry in the United Kingdom. Total loss to shareholders of 3.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.16 per share. Tillkännagivande • Jan 19
Luceco plc Provides Earnings Guidance for 2022 Full Year Luceco plc provided earnings guidance for 2022 full year. For the period, the Group expects to report full year revenue of £206 million. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 23% share price gain to UK£1.13, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 17x in the Electrical industry in the United Kingdom. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.22 per share. Reported Earnings • Sep 07
First half 2022 earnings released: EPS: UK£0.027 (vs UK£0.087 in 1H 2021) First half 2022 results: EPS: UK£0.027 (down from UK£0.087 in 1H 2021). Revenue: UK£106.4m (down 1.7% from 1H 2021). Net income: UK£4.20m (down 69% from 1H 2021). Profit margin: 3.9% (down from 12% in 1H 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 27% share price gain to UK£1.16, the stock trades at a trailing P/E ratio of 6.6x. Average forward P/E is 16x in the Electrical industry in the United Kingdom. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.32, the stock trades at a trailing P/E ratio of 7.4x. Average forward P/E is 17x in the Electrical industry in the United Kingdom. Total returns to shareholders of 8.5% over the past three years. Upcoming Dividend • Mar 31
Upcoming dividend of UK£0.055 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 20 May 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to UK£2.12, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Electrical industry in Europe. Total returns to shareholders of 249% over the past three years. Recent Insider Transactions • Feb 08
CEO & Executive Director recently sold UK£8.8m worth of stock On the 7th of February, Jonathan Hornby sold around 3m shares on-market at roughly UK£3.00 per share. This was the largest sale by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months. Recent Insider Transactions • Sep 29
Insider recently sold UK£1.1m worth of stock On the 24th of September, Wayne Hill sold around 312k shares on-market at roughly UK£3.50 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£2.2m more than they bought in the last 12 months. Recent Insider Transactions • Sep 24
Insider recently sold UK£202k worth of stock On the 17th of September, Wayne Hill sold around 54k shares on-market at roughly UK£3.71 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£1.1m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 22% share price decline to UK£3.83, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 29x in the Electrical industry in the United Kingdom. Total returns to shareholders of 653% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.17 per share. Reported Earnings • Sep 09
First half 2021 earnings released: EPS UK£0.087 (vs UK£0.044 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£108.2m (up 51% from 1H 2020). Net income: UK£13.4m (up 97% from 1H 2020). Profit margin: 12% (up from 9.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 18% share price gain to UK£4.78, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 30x in the Electrical industry in the United Kingdom. Total returns to shareholders of 905% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£5.30 per share. Upcoming Dividend • Apr 16
Upcoming dividend of UK£0.047 per share Eligible shareholders must have bought the stock before 22 April 2021. Payment date: 28 May 2021. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.2%). Higher than average of industry peers (1.8%). Reported Earnings • Mar 25
Full year 2020 earnings released: EPS UK£0.18 (vs UK£0.083 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£176.2m (up 2.4% from FY 2019). Net income: UK£27.9m (up 113% from FY 2019). Profit margin: 16% (up from 7.6% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 72% per year. Recent Insider Transactions • Feb 20
Insider recently sold UK£235k worth of stock On the 17th of February, Wayne Hill sold around 89k shares on-market at roughly UK£2.65 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of UK£884k more than they bought in the last 12 months. Is New 90 Day High Low • Jan 06
New 90-day high: UK£2.72 The company is up 27% from its price of UK£2.15 on 08 October 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.50 per share. Is New 90 Day High Low • Dec 18
New 90-day high: UK£2.66 The company is up 23% from its price of UK£2.16 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.52 per share.