CML Microsystems (CML)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 265.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 380.00
  • 52 Week Low: 210.00
  • Currency: UK Pounds
  • Shares Issued: 15.91m
  • Volume: 5,605
  • Market Cap: £42.16m
  • RiskGrade: 224

CML Microsystems trading ahead of expectations

By Josh White

Date: Wednesday 28 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Radiofrequency and microwave semiconductor developer CML Microsystems said in an update on Wednesday that trading for its first half had been "strong".
The AIM-traded firm said revenues were expected to be "well ahead" of last year on a constant currency basis, and had been further boosted by an exchange rate tailwind.

Gross margin remained robust, while overheads were in line with expectations.

As a result, profitability was expected to be "significantly ahead" of management's earlier expectations.

"At the current rate of trading and based on current exchange rates, the board expects that for the full year ending 31 March 2023 both revenues and profitability will be ahead of market expectations," the board said in its statement.

"Research and development activities, operational investments and the introduction to market of new products are all proceeding well, and the forward order book remains healthy.

"The board remains confident in the Group's strategy and its ability to deliver significant, sustainable growth over the coming years."

CML said it would publish its results for the six months ending 30 September on 22 November.

At 1553 BST, shares in CML Microsystems were up 10.73% at 387.55p.

Reporting by Josh White at Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CML Market Data

Currency UK Pounds
Share Price 265.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 380.00
52 Week Low 210.00
Volume 5,605
Shares Issued 15.91m
Market Cap £42.16m
RiskGrade 224

CML Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.44% above the market average47.44% above the market average47.44% above the market average47.44% above the market average47.44% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Price Trend
30.61% below the market average30.61% below the market average30.61% below the market average30.61% below the market average30.61% below the market average
4.00% above the sector average4.00% above the sector average4.00% above the sector average4.00% above the sector average4.00% above the sector average
Income Not Available
Growth
63.61% above the market average63.61% above the market average63.61% above the market average63.61% above the market average63.61% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

CML Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-24 01-Aug-24
Paid 13-Dec-24 16-Aug-24
Amount 5.00p 6.00p

Trades for 30-May-2025

Time Volume / Share Price
14:11 1,500 @ 269.00p
12:26 634 @ 267.80p
10:22 271 @ 267.80p
08:32 2,500 @ 269.40p
08:06 700 @ 267.75p

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