image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Our latest issue will be released in 9 days, don't miss out!

Luceco

June 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LUCE
  • Price:
  • 126p
Luceco’s Q1 update stated revenues were 3% lower than Q1 ’21, a period where some customers had ordered more product than they needed because they had been so worried they would run out due to the supply chain disruptions. The group now expects a reversal of this over-ordered position this year, which will lead to a £15m revenue shortfall compared to previous expectations. In turn that will lead to a £10m operating profit shortfall. Management said notwithstanding any future changes in demand, profit growth in 2023 should be easier assuming the supply chain has rebalanced by then. Luceco said input cost inflation this year is expected to remain unchanged at £25m and will be fully offset by selling price increases, which will ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

author

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe