Latest news with #IrishContinentalGroup
Yahoo
30-05-2025
- Business
- Yahoo
Block listing Interim Review
BLOCK LISTING SIX MONTHLY RETURN Date: 30 May 2025 1. Name of applicant: Irish Continental Group plc 2. Name of scheme: ICG Share Option Plans 3. Period of return: From: 1 October 2024 to 31 March 2025 4. Balance of unallotted securities under scheme(s) from previous return: 4,578,439 ICG Units 5. Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): Nil 6. Less: Number of securities issued/allotted under scheme(s) during period: 1,608,000 ICG Units 7. Equals: Balance under scheme(s) not yet issued/allotted at end of period: 2,970,439 ICG UnitsName of contact: Tom Corcoran Telephone number of contact: +353 1 607 5700Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Top UK Dividend Stocks To Watch In May 2025
Amidst the recent downturn in the FTSE 100, influenced by weak trade data from China and its ongoing economic challenges, investors are keeping a close eye on dividend stocks as a potential source of steady income. In such uncertain times, selecting dividend stocks with strong fundamentals and resilient business models can offer stability and regular returns, making them an attractive option for those looking to navigate the current market volatility. Name Dividend Yield Dividend Rating WPP (LSE:WPP) 6.66% ★★★★★★ Man Group (LSE:EMG) 7.47% ★★★★★☆ 4imprint Group (LSE:FOUR) 5.18% ★★★★★☆ Keller Group (LSE:KLR) 3.16% ★★★★★☆ Dunelm Group (LSE:DNLM) 6.67% ★★★★★☆ Treatt (LSE:TET) 3.00% ★★★★★☆ NWF Group (AIM:NWF) 4.97% ★★★★★☆ James Latham (AIM:LTHM) 7.31% ★★★★★☆ OSB Group (LSE:OSB) 6.97% ★★★★★☆ Grafton Group (LSE:GFTU) 3.71% ★★★★★☆ Click here to see the full list of 59 stocks from our Top UK Dividend Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Irish Continental Group plc is a maritime transport company serving Ireland, the United Kingdom, and Continental Europe, with a market cap of £709.03 million. Operations: Irish Continental Group's revenue is primarily derived from its Ferries segment, which generated €433.50 million, and its Container and Terminal segment, which contributed €203.50 million. Dividend Yield: 3% Irish Continental Group's dividend payments have been volatile over the past decade, yet they have shown growth. The company is trading at 46.8% below its estimated fair value, suggesting potential undervaluation. With a payout ratio of 42.8%, dividends are well covered by earnings and cash flows (25%). Despite a lower yield compared to top UK dividend payers, recent proposals include a final dividend of €17.2 million for 2024, highlighting ongoing commitment to shareholder returns. Click here and access our complete dividend analysis report to understand the dynamics of Irish Continental Group. Our expertly prepared valuation report Irish Continental Group implies its share price may be too high. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Kainos Group plc provides digital technology services across the United Kingdom, Ireland, North America, Central Europe, and internationally with a market capitalization of approximately £885.32 million. Operations: Kainos Group plc generates revenue from three main segments: Digital Services (£199.17 million), Workday Products (£68.08 million), and Workday Services (£102.51 million). Dividend Yield: 3.9% Kainos Group's dividend payments have been volatile and unreliable over the past decade, with a current payout ratio of 81.2% covered by earnings and a cash payout ratio of 61.5%. The company trades at 22.4% below its estimated fair value, indicating potential undervaluation. Despite a lower yield compared to top UK dividend payers, the board has proposed a final dividend of £23.6 million for 2025, reflecting ongoing shareholder return efforts amidst recent share buyback activities totaling £30 million. Delve into the full analysis dividend report here for a deeper understanding of Kainos Group. In light of our recent valuation report, it seems possible that Kainos Group is trading behind its estimated value. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Pollen Street Group, founded in 2015 and headquartered in London, operates as a financial services company with a market cap of approximately £471.65 million. Operations: Pollen Street Group generates revenue through its Asset Manager segment, contributing £66.80 million, and its Investment Company segment, which accounts for £60.38 million. Dividend Yield: 7.0% Pollen Street Group's dividend is well-covered with a payout ratio of 68.1% and a cash payout ratio of 38.9%, suggesting sustainability despite its volatile nine-year track record. The recent interim dividend was set at 27.1 pence per share, with guidance for no less than 55 pence in 2025, indicating commitment to shareholder returns. Trading at a P/E ratio of 9.5x, below the UK market average, it presents good value relative to peers amidst ongoing M&A discussions with KKR & Co. Click to explore a detailed breakdown of our findings in Pollen Street Group's dividend report. The analysis detailed in our Pollen Street Group valuation report hints at an deflated share price compared to its estimated value. Click through to start exploring the rest of the 56 Top UK Dividend Stocks now. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:ICGC LSE:KNOS and LSE:POLN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Times
08-05-2025
- Business
- Irish Times
Irish Ferries owner sees slight revenue growth despite Holyhead Port closure
Irish Ferries brand owner Irish Continental Group (ICG) said revenue grew 7.1 per cent for the first four months of the year, driven by growth in their container freight division amid 'uncertainty' caused by the introduction of tariffs. ICG said consolidated group revenue rose to €189.5 million in the period, having stood at €177 million in the same period of 2024 but warned that economic uncertainty 'may damped world growth prospects'. The company sees the 'uncertainties created in the macro environment by tariffs as opportunities,' Eamonn Rothwell, the chief executive of the group, said. 'We bought two ships in the last few weeks at really good deals because there was nervousness about the macro,' he said referring to the company's purchase of the James Joyce cruise ferry and an additional container ship. READ MORE The group said the rise in its net debt to €247.9 million since the end of 2024 when it stood at €162.2 million, was 'due primarily to the vessel acquisitions [ ...] and share buy-backs during the period'. The group said there had been a decrease in revenue at its ferries division, from €119.7 million during the first four months of 2024, to €118.8 million due to the 'detrimental impact' of the closure of Holyhead Port. Ferry services at the port were suspended following damage caused by Storm Darragh at the start of December, one of piers reopened to ferry traffic in January. 'The beginning of 2025 was impacted by the closure of Holyhead Port,' the company said in a trading update issued to shareholders at its AGM. 'This has had a detrimental impact on volumes in the Ferries Division,' the company said and noted that the partial reopening of the port has led to a 'more normalised market' and welcomed the planned full-reopening of the port on 1st of July. The maritime transport group's container freight division saw a 28.6 per cent growth in volume year to date and an increase of 17.6 per cent in revenue for the division. 'Some of that growth,' chief executive said, 'is undoubtedly due to people moving goods before tariffs kicked in, so some of it might be inflated and could unwind a little bit as tariffs come in, but I still think fundamentally there has been underlying growth in the container business.'
Yahoo
08-05-2025
- Business
- Yahoo
Institutional investors own a significant stake of 33% in Irish Continental Group plc (LON:ICGC)
Significantly high institutional ownership implies Irish Continental Group's stock price is sensitive to their trading actions The top 5 shareholders own 51% of the company Insiders have bought recently Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Irish Continental Group plc (LON:ICGC) should be aware of the most powerful shareholder groups. With 33% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Hence, having a considerable amount of institutional money invested in a company is often regarded as a desirable trait. Let's take a closer look to see what the different types of shareholders can tell us about Irish Continental Group. See our latest analysis for Irish Continental Group Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Irish Continental Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Irish Continental Group's historic earnings and revenue below, but keep in mind there's always more to the story. It looks like hedge funds own 5.7% of Irish Continental Group shares. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. With a 31% stake, CEO Eamonn Rothwell is the largest shareholder. Meanwhile, the second and third largest shareholders, hold 5.7% and 5.1%, of the shares outstanding, respectively. To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of Irish Continental Group plc. It has a market capitalization of just UK£753m, and insiders have UK£237m worth of shares in their own names. That's quite significant. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Case in point: We've spotted 1 warning sign for Irish Continental Group you should be aware of. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
RTÉ News
08-05-2025
- Business
- RTÉ News
ICG's revenues for the first four months of 2025 sail 7% higher
Irish Ferries owner Irish Continental Group has reported higher revenues for the early part of the year on the back of strength in its Container and Terminal business. In a trading update for the year to May 3, ICG said its consolidated group revenue for the period rose by 7.1% to €189.5m from €177m the same time last year. ICG said the introduction of tariffs by the US has created uncertainty for some trading flows and risks damaging consumer confidence which may lead to some companies deferring investment plans. "All these factors may dampen world growth prospects," the company stated. But it added that due to the strength of its business model and its balance sheet, it continues to avail of macro market weakness to expand its footprint on financially attractive terms. "Recent examples are the purchase of the James Joyce cruise ferry and the purchase of another container ship," it added. ICG said that revenues in its Ferries divison rose dipped by 0.8% to €118.9m from €119.7m the same time last year. For the year to May 3, the number of cars it carried fell by 7.1% to 140,800 from 151,500, while freight carryings dipped by 0.6% to 259,400 RoRo units from 260,900 units in 2024. The company said the start of the year was impacted by the closure of Holyhead Port in the UK, which had a detrimental impact on volumes. "However, with the partial reopening of the Port in mid-January 2025 we have seen a more normalised market. We look forward to the full reopening of the Port on 1 July," the company added. Meanwhile, total revenues at its Container and Terminal Division saw a 17.6% increase to reach €80.9m from €68.8m the same time last year. Container freight volumes shipped jumped by 28.6% to 132,800 teu from 103,300 teu in 2024, it noted. Volumes handled at ICG's terminals in Dublin and Belfast totalled 123,500 units, an increase of almost 10% on the 112,500 units last year, the company added.
