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Ultra Electronics Holdings plc

ULE.L

Latest Trade

1,930.00GBp

Change

22.00(+1.15%)

Volume

188,255

Today's Range

1,857.00

 - 

1,949.00

52 Week Range

1,446.00

 - 

2,346.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Ultra Electronics Says COVID-19 Is Not Impacting Current Trading

March 10 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::FY ORDER BOOK GREW BY 4.0% TO £1,022.9M (2018: £983.9M).FY REVENUE GREW BY 7.7% TO £825.4M (2018: £766.7M).FY STATUTORY OPERATING PROFIT INCREASED BY 44.3% TO £94.2M (2018: £65.3M).FY UNDERLYING OPERATING PROFIT WAS £118.2M (2018: £112.7M).2019 PROPOSED FINAL DIVIDEND OF 39.2P (2018: 37.0P) PER SHARE.COVID-19 IS NOT IMPACTING CURRENT TRADING.

Ultra Electronics Says Trading In Line With Expectations

Nov 6 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::ONGOING STRATEGIC EVOLUTION IS PROGRESSING AND THERE REMAINS GOOD LONG TERM OPPORTUNITIES AND GROWTH POTENTIAL.GOOD ORDER BOOK DEVELOPMENT SINCE INTERIM RESULTS AND GROUP CONTINUES TO TRADE IN LINE WITH EXPECTATIONS.

Ultra Electronics Appoints Jos Sclater As Group Finance Director

Sept 5 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::JOS SCLATER WILL JOIN GROUP AND BE APPOINTED TO BOARD AS GROUP FINANCE DIRECTOR ON 9 DECEMBER 2019.

Ultra Electronics-Sparton Deleon JV Awarded U.S. Navy Sonobuoy Contract

Aug 16 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::ULTRA ELECTRONICS - CONTRACT WIN.ULTRA ELECTRONICS - ULTRA ELECTRONICS USSI AND SPARTON DELEON SPRINGS JOINT VENTURE (ERAPSCO) AWARDED NOT-TO-EXCEED $1.04B FOR U.S. NAVY SONOBUOY CONTRACT.CONTRACT PROVIDES BASE YEAR AWARD OF A FIVE YEAR INDEFINITE DELIVERY INDEFINITE QUANTITY (IDIQ) CONTRACT.ULE AND SPARTON DELEON SPRINGS, LLC ANNOUNCE AWARD OF AN IDIQ CONTRACT VALUED AT NOT-TO-EXCEED AMOUNT OF $1.04 BILLION.AWARD OF CONTRACT TO ERAPSCO JOINT VENTURE, FOR MANUFACTURE OF SONOBUOYS FOR UNITED STATES NAVY.

Ultra Electronics Says Confident 2019 Will Be A Year Of Good Progress

Aug 7 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::INTERIM RESULTS.HY REVENUE £387.1M VERSUS £350.5M AS REPORTED A YEAR EARLIER.HY TOTAL ORDER BOOK £1,014.1M VERSUS £969.2M AS REPORTED A YEAR EARLIER.INTERIM DIVIDEND PER SHARE 15.0P.HY UNDERLYING PBT £46.5M VERSUS £43.6M AS REPORTED A YEAR EARLIER.HY UNDERLYING OPERATING PROFIT 52.9 MILLION POUNDS VERSUS 47.9 MILLION POUNDS AS REPORTED A YEAR EARLIER.HAVE POSITIVE MOMENTUM INTO SECOND HALF.REMAIN CONFIDENT THAT 2019 WILL BE A YEAR OF GOOD PROGRESS FOR ULTRA.EXPECT UNDERLYING OPERATING MARGINS TO RECOVER TO MORE NORMAL LEVELS IN H2..TOTAL CAPITAL EXPENDITURE IS EXPECTED TO BE IN RANGE OF £20M - 25M IN 2019.HY UNDERLYING OPERATING MARGIN 11.2% VERSUS 16.1%.PREPARING FOR BREXIT IS A CHALLENGE DUE TO DIFFERENT POSSIBLE SCENARIOS..CONTINUES TO WORK WITH SUPPLIERS TO PROACTIVELY MANAGE BREXIT INTERRUPTION RISK..IMPACT OF BREXIT IS CURRENTLY DIFFICULT TO ESTIMATE WITH COMBINATION OF DIFFERENT SCENARIOS THAT COULD OCCUR.

Ultra Electronics Says Confident Of Underlying Progress In 2019

May 3 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::SEEING FURTHER POSITIVE DEVELOPMENTS IN OUR ORDER BOOK AND CONTINUES TO TRADE IN LINE WITH EXPECTATIONS.REMAINS CONFIDENT THAT 2019 WILL BE A YEAR OF GOOD UNDERLYING PROGRESS.

Ultra Electronics Says FY Underlying PBT 101.4 Mln Stg

March 6 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::FY REVENUE £766.7M VERSUS £775.4M AS REPORTED A YEAR EARLIER.FY UNDERLYING PBT 101.4 MILLION STG VERSUS 110 MILLION STG AS REPORTED A YEAR EARLIER.FINAL DIVIDEND PER SHARE 37.0 P VERSUS 35.0 P.FY TOTAL ORDER BOOK 983.9 MILLION STG VERSUS 897.4 MILLION STG.2019 ORGANIC OPENING ORDER BOOK UP 5.2% (66% OPENING ORDER COVER)."ANTICIPATE THAT 2019 WILL BE A YEAR OF GOOD UNDERLYING PROGRESS".FY IFRS PBT £42.6M VERSUS £60.6M AS REPORTED A YEAR EARLIER."ANTICIPATE THAT 2019 WILL BE A YEAR OF GOOD UNDERLYING PROGRESS".SEES 2019 OPERATING MARGIN TO REMAIN IN MID-TEENS RANGE.FY UNDERLYING OPERATING MARGIN WAS 14.7% (2017: 15.5%).FOR 2019, TARGETING AN INCREASE IN OWN RESEARCH AND DEVELOPMENT INVESTMENT TO BETWEEN 4% AND 5% OF REVENUE COMPARED WITH 3.7% LAST YEAR.FIRST HALF OF 2019 WILL LIKELY SEE A NET CASH OUT-FLOW FOR GROUP.ANTICIPATED THAT CASH CONVERSION WILL RETURN TO GROUP'S HISTORICAL RANGE OF 80-85% IN MEDIUM TERM.INVESTMENT PROGRAMME IN IT INFRASTRUCTURE & SYSTEMS TO BE 3-4-YEAR OPERATIONAL EXPENDITURE IMPROVEMENT PROGRAMME AT COST OF C.£5M/YEAR.2019 WILL HAVE A SIMILAR SECOND HALF WEIGHTING TO 2018.£2.9M GAIN IN FY 2018 WILL THEREFORE NOT RECUR IN 2019.WORKING TO ESTABLISH BREXIT PLANS WITHIN SUPPLY CHAIN DURING 2018.CONTINUES TO WORK WITH SUPPLIERS TO PROACTIVELY MANAGE BREXIT INTERRUPTION RISK.IMPACT FROM BREXIT CURRENTLY DIFFICULT TO ESTIMATE WITH COMBINATION OF DIFFERENT SCENARIOS THAT COULD OCCUR.

Ultra Electronics completes sale of airport systems business

Feb 1 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::HAS COMPLETED SALE OF ITS AIRPORT SYSTEMS BUSINESS TO ADB SAFEGATE FOR A TOTAL CONSIDERATION OF £22M.FURTHER DETAILS OF THE DISPOSAL WILL BE PROVIDED IN THE GROUP'S PRELIMINARY RESULTS ANNOUNCEMENT ON 6 MARCH 2019 AND IN THE GROUP'S 2018 ANNUAL REPORT & ACCOUNTS.ULTRA ELECTRONICS IS A GROUP OF BUSINESSES WHICH MANAGE A PORTFOLIO OF SPECIALIST CAPABILITIES, GENERATING HIGHLY DIFFERENTIATED SOLUTIONS AND PRODUCTS IN THE DEFENCE & AEROSPACE, SECURITY & CYBER, TRANSPORT AND ENERGY MARKETS .

Ultra Electronics Says Tony Rice Appointed As Chair

Jan 28 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::TONY RICE WAS TODAY APPOINTED AS CHAIR OF BOARD OF ULTRA ELECTRONICS HOLDINGS PLC.

Ultra Electronics Names Tony Rice As Chair Designate

Dec 18 (Reuters) - Ultra Electronics Holdings PLC <ULE.L>::ULTRA ANNOUNCES APPOINTMENT OF TONY RICE AS CHAIR DESIGNATE.TONY RICE WILL SUCCEED DOUGLAS CASTER, WHO INTENDS TO STEP DOWN AS CHAIR AND RETIRE FROM BOARD.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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