Midwich reports highest-ever gross profit margin
19th Mar 2024 11:42
(Sharecast News) - Audio-visual specialist distributor Midwich Group reported a revenue increase of 7.1% in its full-year results on Tuesday, to £1.29bn, up from £1.2bn in 2022.
Read moreMidwich flags record-breaking revenue in 2023
17th Jan 2024 14:06
(Sharecast News) - Specialist audiovisual distributor Midwich Group reported a strong 2023 performance in a trading update on Wednesday, culminating in record-breaking revenue of £1.3bn, making for 7% growth year-on-year, or 6% when adjusting for currency fluctuations.
Read moreBerenberg lowers target price on Midwich
17th Jan 2024 13:02
(Sharecast News) - Analysts at Berenberg lowered their target price on audio-visual distributor Midwich from 800.0p to 710.0p on Wednesday following the group's recent full-year trading update.
Read moreMidwich agrees to acquire 51pc stake in ProdyTel
13th Nov 2023 12:51
(Sharecast News) - Audio-visual distributor Midwich Group announced an agreement to acquire ProdyTel on Monday - a distributor specialising in professional audio and technical solutions products located near Nuremberg, Germany.
Read moreDirector dealings: Midwich managing director raises stake
30th Oct 2023 15:15
(Sharecast News) - Midwich Group revealed on Monday that managing director Stephen Fenby had acquired 50,000 ordinary shares in the AIM-listed audio-visual distributor.
Read moreDirector dealings: Midwich finance director ups stake
12th Oct 2023 16:14
(Sharecast News) - Midwich Group revealed on Thursday that finance director Stephen Lamb had acquired 4,901 ordinary shares in the AIM-listed audio-visual distributor.
Read moreMidwich revenue, earnings rise on robust live events market
5th Sep 2023 12:12
(Sharecast News) - Trade-focussed audio-visual distributor Midwich Group reported a robust first-half financial performance on Tuesday, even amid challenging market conditions.
Read moreMidwich flags robust half-year of trading
18th Jul 2023 16:24
(Sharecast News) - Audio-visual distributor Midwich Group reported a robust first-half trading performance on Tuesday, reaching new milestones in revenue and adjusted profit before tax.
Read moreMidwich grows ahead of market in 2022
9th May 2023 08:53
(Sharecast News) - Global specialist audio visual distributor Midwich Group said in an update on Tuesday that while the pro AV market grew at an estimated 10.5% in 2022, it achieved record revenue, increasing by more than 20% organically and over 40% in total.
Read moreMidwich reports record full-year financial performance
14th Mar 2023 11:28
(Sharecast News) - Specialist audio visual distributor Midwich Group reported a record financial performance and further market share gains in its final results on Tuesday.
Read moreMidwich ends bumper year above expectations
18th Jan 2023 13:34
(Sharecast News) - Audio-visual trade distribution specialist Midwich Group said in an update on Wednesday that it finished 2022 "strongly", adding that it now expected to report full-year revenue of £1.2bn, making for year-on-year growth of 40%.
Read moreMidwich trading in line after record 2021 results
9th May 2022 09:14
(Sharecast News) - Specialist audio-visual distributor Midwich Group said in an update on Monday that trading in the first four months of 2022 had been in line with forecasts.
Read moreMidwich Group posts record revenue, adjusted profit
8th Mar 2022 12:48
(Sharecast News) - Specialist audio-visual distributor Midwich Group reported record revenue and adjusted profit before tax in its full-year results on Tuesday, as it made further market share gains despite ongoing disruption from the pandemic.
Read moreMidwich agrees £27.5m acquisition of Nimans
8th Feb 2022 10:19
(Sharecast News) - Audio visual distributor Midwich Group has entered a binding agreement to acquire Nimans and its subsidiaries from Nycomm Holdings, it announced on Tuesday, for up to £27.5m in cash.
Read moreMidwich flags forecast-beating profits after bumper 2021
19th Jan 2022 12:19
(Sharecast News) - Audio-visual trade distributor Midwich said in a trading update on Wednesday that it finished 2021 "strongly", with the company now expecting to report revenue of more than £850m, representing growth of about 20% year-on-year.
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