Midwich 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.
Read moreMidwich lifts profit expectations amid 'particularly strong' trading
15th Dec 2021 11:50
(Sharecast News) - Specialist audio visual trade distributor Midwich Group updated the market on its trading on Wednesday, reporting that despite ongoing product shortages, its performance had been "stronger than expected" since its interim results published in early September.
Read moreDirector dealings: Midwich group MD lowers stake
9th Sep 2021 15:31
(Sharecast News) - Midwich Group revealed on Thursday that managing director Stephen Fenby had disposed of 2.0m ordinary shares in the AIM-listed audio-visual distributor.
Read moreMidwich swings back to operating profit in first half
7th Sep 2021 12:27
(Sharecast News) - Trade-focussed audio-visual distributor Midwich reported a 29.2% improvement in first-half revenue on Tuesday, to £390.1m, which it put down to the strength of the ongoing recovery from the impact of Covid-19.
Read moreMidwich upbeat on first half as markets gradually reopen
20th Jul 2021 09:31
(Sharecast News) - Specialist audiovisual distributor Midwich Group updated the market on its first half of trading on Tuesday, reporting that the momentum it reported in the second half of 2020 had continued, with group revenue for the period expected to be about 29% higher year-on-year at £390m.
Read moreMonday broker round-up
10th May 2021 13:05
(Sharecast News) - St Modwen: Liberum downgrades to hold with a target price of 542p.
Read moreBerenberg raises target price on Midwich
10th May 2021 12:29
(Sharecast News) - Analysts at Berenberg raised their target price on audiovisual distributor Midwich Group from 590.0p to 620.0p on Monday, stating the firm's recovery had begun.
Read moreMidwich restarts dividends as trading beats expectations
10th May 2021 11:10
(Sharecast News) - Midwich Group restarted dividends after trading beat forecasts and the company predicted annual profit well ahead of expectations.
Read moreMidwich delivers record revenue performance, profits fall
9th Mar 2021 11:27
(Sharecast News) - Specialist audio visual distributor Midwich reported a record revenue performance in its full-year results on Tuesday, as its turnover improved 3.7% year-on-year to £711.8m, despite the challenges arising from the Covid-19 pandemic.
Read moreMonday broker round-up
14th Dec 2020 13:32
(Sharecast News) - Midwich Group: Berenberg reiterates buy with a target price of 550p.
Read moreMidwich ends Music Tribe distribution in North America
23rd Oct 2020 13:11
(Sharecast News) - Audio visual distributor Midwich Group announced on Friday that it would be ending the distribution of Music Tribe products by its North American business, Starin Marketing.
Read moreBerenberg cuts target price on Midwich
8th Sep 2020 12:46
(Sharecast News) - Analysts at Berenberg cut their target price on audiovisual distributor Midwich from 620.0p to 460.0p on Tuesday, citing "significant disruption" caused by the Covid-19 pandemic.
Read moreFriday broker round-up
14th Feb 2020 12:38
(Sharecast News) - SSE: Morgan Stanley downgrades to equal weight with a target price of 1,620p.
Read moreDirector dealings: Midwich MD makes share purchase
10th Feb 2020 15:47
(Sharecast News) - Midwich Group revealed on Monday that managing director Stephen Fenby had purchased 200,000 ordinary shares in the AIM-listed audio visual distributor.
Read moreMidwich enters US market with Starin acquisition
7th Feb 2020 09:15
(Sharecast News) - Specialist audio visual distributor Midwich has bought US value-added AV distributor Starin for an enterprise value of up to $46.1m (?35.7m).
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