WYG (WYG)

Business description

WYG is a multidiscipline, project management and management service consultancy. Over half of revenues are generated in the UK, with the remainder in a spread of international markets.

Stock data

Market cap.£46.5m
Last close64.00p
High / Low (52 weeks)136.5p / 54.0p
Stock market listingLN
Forecast net debt (£m)4.6
Forecast gearing ratio (%)14
TeamIndustrials
SectorIndustrial Support Services

Price performance

%1m3m12m
Actual18.5(35)(45.3)
Relative *19.9(34.1)(48.6)

* % Relative to local index

Other companies in sector Show

Company news

Wyg Plc's Buy Rating Reaffirmed at WH Ireland (WYG)

Mon, 15 Sep 2014 09:22:30 GMT

Wyg Plc Rating Reiterated by WH Ireland (WYG)

Thu, 11 Sep 2014 20:03:45 GMT

Wyg Plc's Corporate Rating Reiterated at N+1 Singer (WYG)

Mon, 08 Sep 2014 10:30:00 GMT

Wyg Plc's "Corporate" Rating Reaffirmed at N+1 Singer (WYG)

Thu, 04 Sep 2014 11:48:45 GMT

Wyg Plc Stock Rating Reaffirmed by N+1 Singer (WYG)

Fri, 05 Sep 2014 09:52:28 GMT

Investment summary

WYG trading has been affected by funding transition delays, underperformance in UK planning and contract adjustments in other areas. International development has seen slower new project progression as a number of instruments move into their next programme funding cycles. In the UK, WYG started the year with a reasonably good order book position and has announced some sizeable framework appointments, although workflow has been slow to build. Lastly, in the UK, a review of engineering contracts has highlighted the likelihood of some less favourable outcomes than previously anticipated. Therefore, we have reduced our EBIT estimates by around one-third in all forecast years. Notionally, the funding transition effects should be temporary and we may well revisit our estimates for FY19 and FY20 if there is evidence to support this.

Last updated on 06/09/2017

Y/E Mar Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2016A 133.5 9.0 7.0 10.6 6.0 N/A
2017A 151.8 10.6 8.2 11.9 5.4 13.4
2018E 157.5 9.2 6.5 7.5 8.5 12.1
2019E 167.0 10.5 7.8 9.1 7.0 5.3

Last updated on 31/08/2017

Latest video

Executive Interview - WYG

Industry outlook

Management is clearly focused on margin improvement predicated on the efficient delivery of high-quality consultancy services and rigorous operational and financial control. Extending the multi-discipline service offering along seven identified sector lines, particularly in international markets, is a key component. Market diversity offers both challenges and opportunities, requiring proactive and reactive approaches to business development.

Last updated on 06/09/2017

Key management

Mike McTighe, Chairman
Douglas McCormick, CEO
Iain Clarkson, CFO
Steve Oldroyd, Group Financial Controller

Company address

WYG, Arndale Court, Headingly,
Leeds
West Yorkshire
LS6 2UJ
United Kingdom
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