Electrocomponents FY revenues up 26% on LFL basis
12th Apr 2022 07:04
(Sharecast News) - Industrial and electronics products distributor Electrocomponents said on Tuesday that revenues had grown 26% on a like-for-like basis in the twelve months ended 31 March.
Read moreElectrocomponents shares jump on upbeat trading statement
9th Mar 2022 07:04
(Sharecast News) - Electrocomponents shares jumped on Wednesday as the company said it expected full year profits to be ahead of consensus estimates after a strong performance in the last nine weeks.
Read moreBerenberg raises target price on Electrocomponents
30th Nov 2021 10:36
(Sharecast News) - Analysts at Berenberg raised their target price on industrial and electronics products distributor Electrocomponents from 890.0p to 1,230.0p on Tuesday, highlighting that the firm had continued to win market share in the first half of its trading year, especially on the industrial side of its business.
Read moreElectrocomponents H1 profits rise amid market share gains
4th Nov 2021 15:34
(Sharecast News) - Electrocomponents posted a rise in first-half profit and revenue on Thursday amid market share gains and an increase in customer numbers.
Read moreElectrocomponents lifts FY guidance but warns on costs
8th Oct 2021 07:29
(Sharecast News) - Electronic parts distributor Electrocomponents lifted annual guidance after reporting interim trading ahead of expectations, but said supply chain issues would persist.
Read moreRBC Capital upgrades Electrocomponents to 'outperform'
28th Sep 2021 09:44
(Sharecast News) - RBC Capital Markets upgraded Electrocomponents on Tuesday to 'outperform' from 'sector perform' and hiked the price target to 1,350p from 1,070p as it said the company will be a long-term winner.
Read moreWednesday broker round-up
14th Jul 2021 13:23
(Sharecast News) - Carnival: Berenberg upgrades to hold with a target price of 1,400p.
Read moreFriday broker round-up
9th Jul 2021 14:40
(Sharecast News) - Burberry: Goldman Sachs upgrades to buy with a target price of 2,475p.
Read moreMonday broker round-up
14th Jun 2021 13:49
(Sharecast News) - Serco: Numis upgrades to buy with a target price of 180p.
Read moreTuesday broker round-up
1st Jun 2021 13:43
(Sharecast News) - Tekmar Group: Berenberg reiterates buy with a target price of 75p.
Read moreElectrocomponents revenue rises, earnings fall in Covid year
25th May 2021 07:35
(Sharecast News) - Electrocomponents reported revenue growth of 2.5% to £2bn in its final results on Tuesday, with like-for-like growth of 1.4%, which it put down to "strong" market share gains in its key markets.
Read moreMonday broker round-up
1st Mar 2021 13:43
(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.
Read moreElectrocomponents acquiring PPE firm Liscombe in £11m deal
1st Mar 2021 07:36
(Sharecast News) - Electrocomponents announced the acquisition of industrial safety and personal protective equipment supplier John Liscombe on Monday, for £11m on a cash-free, debt-free basis.
Read moreElectrocomponents a 'great' company with 'OK' valuation, says JPMorgan
9th Feb 2021 07:51
(Sharecast News) - Electrocomponents rallied on Tuesday as JPMorgan Cazenove upped the stock to 'overweight' from 'neutral' and hiked the price target to 1,103p from 799p, arguing that it's a "great" company with an "OK" valuation.
Read moreElectrocomponents growth offset by higher costs
8th Feb 2021 07:04
(Sharecast News) - Electrocomponents predicted annual profit in line with expectations as stronger growth offset higher operating costs at the electronic products company.
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