bigbobjoylove
- 29 Nov 2004 10:11
fantastic order book,profits up 250+% , div increased , bullish forward statement and .......................................
B R E A K I N G O U T
B A R G A I N S T O C K
hewittalan6
- 30 Mar 2007 10:54
- 88 of 123
Nice update, looking forward to results and more M&A.
Hyder Consulting PLC
30 March 2007
HYDER CONSULTING PLC ('Hyder Consulting' or the 'Company')
AWARD AND TRADING UPDATE
International Firm of the Year
Hyder Consulting, the international engineering design, advisory and specialist
management consultancy, is pleased to announce that it has recently been named
as 'International Firm of the Year' in the Consultants of the Year 2007 Awards
organised by the Association of Consulting Engineers and New Civil Engineer
magazine. Chief Executive, Tim Wade, commented: 'We're delighted to receive this
award in the face of strong competition. It's a great way to mark our 150th
anniversary and heritage of international projects.'
Results and Trading Update
The Company expects to announce results for the year ended 31 March 2007 on
Monday 11 June. Trading during the year taken as a whole has been a little ahead
of expectations. The Group has continued to make good progress in securing new
work with major projects secured in the second half year including:
Doha Convention Centre and Tower, Qatar - detailed design and construction
supervision
West Gate Freeway Alliance, Australia - design of improvements to M1 freeway
Brisbane Airport Link, Australia - patronage forecasts for A$4 billion toll
tunnel
N7 Nenagh to Limerick, Ireland - detailed design and supervision
Baker Street Station modernisation, UK - detailed design
The recent cash placing in October 2006 was undertaken to raise additional
finance for the Group's infill acquisition programme. We are actively
negotiating a number of potential acquisitions and the Directors hope to
complete certain of these transactions in the near future.
For further details:
Tim Wade, Chief Executive, Hyder Consulting PLC Tel: 020 7316 6000
Simon Hamilton-Eddy, Financial Director, Hyder Consulting PLC Tel: 020 7316 6000
Sandy Fraser, Bell Lawrie Tel: 0131 225 2566
Shane Dolan, Biddicks Tel: 020 7448 1000
30 March 2007
This information is provided
cynic
- 30 Mar 2007 11:19
- 89 of 123
i agree Alan; this is a really good company (like PFC) ..... i note a bit of apparent resistance as sp has hit underneath 25 dma, with perhaps something of a sterner test around 480 .... nevertheless may well be putting into my portfolio in the very foreseeable future
hewittalan6
- 30 Mar 2007 11:24
- 90 of 123
Welcome aboard.
Very well managed, must benefit from 2012 London and I see it touching 5 again soon, as it did some months ago.
cynic
- 17 Apr 2007 16:43
- 92 of 123
not sure why the sharpish drop today but with 25 and 50 dma's about to coincide imminently, there should be pretty good support and thus a buying opportunity in this quality service company presents itself.
hewittalan6
- 11 Jun 2007 07:47
- 93 of 123
Excellent results out today, showing a well managed company making the most of opportunities within a rigid operating framework.
Very happy to be a holder.
Alan
Kivver
- 11 Jun 2007 08:45
- 94 of 123
alan, any rumours about tendering for olympic contracts??
hewittalan6
- 11 Jun 2007 09:21
- 95 of 123
From the results;
Work on AMP4 frameworks continues for Thames Water, Welsh Water and
South West Water, and we are well positioned to win further work for the
Olympics in 2012.
Alan
Kivver
- 11 Jun 2007 09:29
- 96 of 123
cheers, i have been following for a while now and am pretty convinced they will win contracts for the olympics on top of all the other contracts they keep winning.
hewittalan6
- 11 Jun 2007 09:39
- 97 of 123
This years order book is now 2 months old and showing 60% of full year target.
That is without all the bonus of 2012 so it looks like a very good medium -long term play.
Alan
Count Brass
- 11 Jun 2007 15:19
- 98 of 123
hewittalan6
- 11 Jun 2007 15:33
- 99 of 123
Thanks for that CB.
I must admit that one had passed me by!!
Alan
Count Brass
- 12 Jun 2007 15:10
- 100 of 123
cynic
- 13 Jun 2007 15:10
- 101 of 123
had rather taken my eye off this one .... having had a bit of bleak time in March, sp is now firmly on the up, having breached the psychological and all-time high barriers of 500 .... definitely one to consider, especially if there is any short term reaction
hewittalan6
- 15 Jun 2007 14:51
- 102 of 123
And there goes the 550 barrier.
Though probably short term, cos it must pull back a bit soon.
dreamcatcher
- 26 Jan 2013 17:04
- 103 of 123
Kevin Taylor a non executive director has been busy buying shares (7490 at 445p) ahead of the trading update on 29 Jan
dreamcatcher
- 29 Jan 2013 19:08
- 104 of 123
Interim Management Statement
RNS
RNS Number : 5320W
Hyder Consulting PLC
29 January 2013
Hyder Consulting PLC
Interim Management Statement
Hyder Consulting PLC, the multi-national design and engineering consultancy, today issues its Interim Management Statement covering the period to 28 January 2013.
Trading performance
The Group has performed in line with our expectations.
In Asia Pacific our Australian results have been in line with plan, and we have recently secured a number of significant new contracts. Prospects in China are improving, although our operations incurred a small loss in quarter 3 as awards have been slower to come to fruition than anticipated.
In the Middle East results are higher than the prior year and in line with expectations, following mobilisation on new projects in Qatar and Saudi Arabia.
In Europe, as expected, results have improved in the second half. Our UK transport business, in particular, has performed well in the period.
Acquisitions
The Group acquired BCH Engineering Consultants Pty Ltd ("BCH") on 17 December 2012. BCH is a small Perth based consultancy, with expertise in the energy and resource sectors. Initial consideration of A$3 million (c.£2 million) was paid in cash, with a further A$2 million (c.£1.3 million) cash payable contingent on future business performance. BCH improves our access to the Western Australian market and clients, enabling us to respond to demand in the region utilising our existing Australian offices and Global Excellence Centres.
Power Systems Project & Consultancy Services Ltd ("PCS") was acquired by the Group on 19 December 2012. PCS is a specialist, independent high-voltage simulation, analysis and electrical design business employing 42 specialist staff, based in Scotland. The company works extensively in the transmission, distribution and renewable generation areas with clients including Scottish Power / Iberdrola and Scottish & Southern Energy. Initial consideration of £3 million was paid in cash, with up to a further £0.5 million cash payable contingent on future business performance. The acquisition builds on Hyder's growing expertise in the energy sector and follows on from its purchase of ESR Technology Ltd in June 2011.
Financial position
The Group retains a strong balance sheet with a net cash position, and has significant headroom against its banking facilities with which to pursue new opportunities.
Outlook
Although market conditions remain variable, the Group's favourable positioning and its diversified international base give us confidence for the full year.
dreamcatcher
- 16 Jun 2013 10:20
- 105 of 123
Questor share tip: Buy Hyder Consulting as its reveals record order book
Hyder Consulting has secured 65pc of this year's revenue. Questor says buy.
Garry White By Garry White
6:00AM BST 14 Jun 2013
Hyder Consulting
440p+14
Questor says BUY
Hyder Consulting
Shares in Hyder Consulting were weak in the first half 2013, a trait common across the engineering sector. However, this week’s full-year results revealed a record order book, strong cashflow and management raised its dividend a third. Now looks like a good entry point.
Hyder has provided engineering and design services for famous buildings including Sydney Harbour Bridge, Tower Bridge in London and the world’s tallest, Burj Khalifa, in Dubai. It has a market value of around £150m.
The business has a global presence, but it operates three “design excellence” centres. One in the Philippines undertakes the design of highways and property projects, with its Indian centre focusing on utility and rail projects. A third in Bulgaria opened in 2011 to support its German business.
These centres employ more than 10pc of group headcount. The advantage of carrying out global business from these regions instead of the UK, is their highly educated and motivated workforce and overall costs are much lower.
The group’s businesses are plugged into some major bullish investment themes. These are urbanisation, increased investment in mass transit schemes worldwide, low carbon design to tackle climate change and water and power scarcity.
In the 12 months to March, revenues rose by 8pc to £298.1m and pre-tax profit jumped 9pc to £18.8m. The group’s net cash balance soared to £24.3m from £15.6m, which is a useful war chest for strategic acquisitions.
The group’s order book increased by 14pc to a record £413.2m, which means about 65pc of the current year’s forecast revenue is already secured.
This has created a degree of confidence in the future great enough for the group to increase its dividend by much more than the market expected. The final payment of 8p, which will be made on August 9, brings the total for the year to 12p, an increase of 33pc.
Analysts had pencilled in a dividend of 11.99p next year, which is below the full-year announced this week. This means that the prospective yield next year of around 2.8pc is likely to be understated as analysts will increase their forecast this week.
The company’s business in Australia has low exposure to the resources sector, which makes up just 5pc of its revenues. Mining giants in the country are reining in expenditure after years of runaway investment.
In its Middle Eastern business, operating profits rose 82pc over the year to £7.1m and the company has won some major contracts recently, including a £70m contract for the design and supervision for a section of Doha Expressway. It has increased exposure to the infrastructure market in Saudi Arabia, which should help make up for a slowdown in Dubai and the wider United Arab Emirates.
The shares are trading on a 2014 earnings multiple of 9.8, falling to 9.3. This does not seem overstretched for a company with such a solid underlying performance. Questor thinks the recent fall is a buying opportunity.
dreamcatcher
- 16 Jun 2013 10:22
- 106 of 123
Consensus recommendation
As of Jun 10, 2013, the consensus forecast amongst 9 polled investment analysts covering Hyder Consulting PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Jun 10, 2013. The previous consensus forecast advised that Hyder Consulting PLC would outperform the market.
Summary
On Friday, Hyder Consulting PLC (HYC:LSE) closed at 469.00, 4.29 % below its 52-week high of 490.00, set on Apr 15, 2013.
.
dreamcatcher
- 16 Jun 2013 20:57
- 107 of 123
12 Jun Investec 535.00 Buy
12 Jun Liberum Capital 520.00 Buy