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Momentum
Relative Strength (%)
1m
3m
1yr
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
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market
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industry
Growth & Value

Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2009 2010 2011 2012 2013 2014 2015E 2016E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
PEG x
Profitability
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Cashflow
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 13th Aug, paid: 12th Sep more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +9.3%

FINANCIAL BRIEF: For the fiscal year ended 31 March 2014, Latchways plc revenues decreased 9% to L38.5M. Net income decreased 32% to L5.7M. Revenues reflect Safety Products segment decrease of 11% to L29.3M, Safety Services segment decrease of 2% to L9.2M, United Kingdom segment decrease of 19% to L15.8M, Other segment decrease of 33% to L3.6M, Europe segment decrease of 8% to L12.4M. Net income also reflects Safety Products segment income decrease of 41% to L6.2M. more »

Health Trend

Bankruptcy Risk

  Earnings Manipulation Risk

Magic Formula Score
B+
B+

Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %

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market
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industry
Recent History
Latest interim period (ended 31st Mar '14) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Mar 2015
31st Mar 2016

Price Target: 980 (+0.31% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
3 brokers Broker Consensus Trend
Broker Recommendations for Latchways
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 0 1 0 0

Named Brokers and Analysts
Arden Partners Ralph Singleton , Peel Hunt Chris Bamberry , N+1 Singer James Tetley Jon Lienard , Cenkos Securities ,

Latchways plc is engaged in the production, distribution and installation of industrial safety products. The Company operates in two segments: Safety Products and Safety Services. The Safety Products division is engaged in the Latchways product business and a small production plant in Kozina, Slovenia. The Safety Services division allows the Company to offer turnkey solutions by installing and servicing safety products in the United Kingdom. The Company operates in the United Kingdom, a facility in Slovenia and has a branch in France and a subsidiary in Australia. The Company’s subsidiaries include HCL Group Plc, HCL Safety Limited, HCL Contracts Limited, HCL Management Limited, Height Solutions Limited, Sigma 6 d.o.o. and Latchways Australia Pty Limited.

Directors: David Hearson (CEO) 61, Rex Orton (FID) 46, Alastair Hogg (EDR) 36, N. Paul Hearson (NEC) 61, Christopher Casey (NED) 57, Brian Finlayson (NID) 65, Jamie Matheson (NID) 59,

No. of Employees: 255 No. of Shareholders: 0


Last Annual March 31st, 2014
Last Interim March 31st, 2014
Shares in Issue 11,235,695
Free Float 10.4m (92.7%)
ISIN GB0001572964
Sector Industrials
Industry Professional & Commercial Services
Index
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

Address Hopton Park, DEVIZES, SN10 2JP, United Kingdom
Web http://www.latchways.com
Phone +44 1380 732700
Contact ()
Auditors PricewaterhouseCoopers LLP

LTC Share Price Performance LTC Quote
979.4p
7.5  0.8%
Traded 3:20pm · Minimum 15 min delayed · NMS: 0.300k

Latest LTC News Announcements (delayed)

Upcoming LTC Events
Tuesday 18th November, 2014
Half Year 2014 Latchways PLC Earnings Release
Tuesday 9th June, 2015
Full Year 2014 Latchways PLC Earnings Release
Monday 7th September, 2015
Latchways PLC Annual Shareholders Meeting
Tuesday 6th September, 2016 (estimate)
Latchways PLC Annual Shareholders Meeting

Recent ↓
Friday 5th September, 2014
Latchways PLC Annual Shareholders Meeting
Wednesday 13th August, 2014
Dividend For LTC.L
Tuesday 5th August, 2014
Latchways PLC Interim Management Statement for the period 1 April 2014 to 4 August 2014
Monday 9th June, 2014
Preliminary 2013 Latchways PLC Earnings Presentation (London)
Monday 9th June, 2014
Preliminary 2013 Latchways PLC Earnings Release
Monday 10th February, 2014
Latchways Plc Interim Management Statement the Period 1 October 2013 to 7 February 2014
Wednesday 5th February, 2014
Dividend For LTC.L
Monday 18th November, 2013
Interim 2013 Latchways PLC Earnings Presentation (London)
Monday 18th November, 2013
Interim 2013 Latchways PLC Earnings Release
Friday 6th September, 2013
Latchways Plc Annual General Meeting


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