Facilities by ADF plc

ADF

GB00BNZGNM64

Hotels, Motels & Cruise Lines

Market Closed - London S.E. Other stock markets 11:35:10 2024-05-01 am EDT			5-day change	1st Jan Change
54 ^GBX	+3.85%		+8.43%	-6.09%

Apr. 26	Facilities by ADF profit hit by Hollywood strikes	AN
Apr. 26	Facilities by ADF plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Facilities by ADF confident of success despite strikes

August 03, 2023 at 09:50 am EDT

Facilities by ADF PLC - Bridgend, Wales-based provider of production facilities for UK film and television - For the six months ended June 30, 2023, expects to report unaudited revenue of GBP21.8 million and unaudited adjusted earnings before interest, tax, depreciation and amortisation of GBP5.8 million.

Says that, notwithstanding the effects on productions caused by the US writers and actors strikes, revenue from the group's unaffected UK productions and pipeline are expected to generate revenues for the full year ending December 31 of between GBP35 million and GBP40 million. This is assuming there is no resolution to the strikes in the current financial year.

Looking ahead, the board is confident that there will be significant levels of pent-up demand for film and high-end television productions as the industrial action normalises.

Current stock price: 46.00 pence

12-month change: down 27%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Facilities by ADF plc

Facilities by ADF profit hit by Hollywood strikes	Apr. 26	AN
Facilities by ADF plc Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 26	CI
Facilities by ADF down as results dip below market expectations	Feb. 29	AN
Certain Ordinary Shares of Facilities by ADF plc are subject to a Lock-Up Agreement Ending on 6-JAN-2024.	Jan. 05	CI
Facilities by Adf plc Announces Board Changes	Nov. 20	CI
The FTSE 100 Closed Down as the Prospect of Rates Staying High for Longer Solidifies	23-09-18	DJ
FTSE 100 Falls Ahead of Fed, BOE Rate Decisions	23-09-18	DJ
Elixirr record half-year revenue; Bango profit down	23-09-18	AN
Phoenix Group hails "impressive" first-half	23-09-18	AN
Facilities by ADF plc Proposes Interim Dividend for the Fiscal Year 2023, Payable on 27 October 2023	23-09-18	CI
Facilities by ADF plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-18	CI
FTSE 100 Falls For Third Straight Session	23-08-03	DJ
FTSE 100 declines but pound perks up after BoE	23-08-03	AN
Facilities by ADF confident of success despite strikes	23-08-03	AN
Facilities by ADF Seeks Acquisitions	23-08-03	CI
Facilities by ADF plc Provides Earnings Guidance for the First Half Ended June 30, 2023	23-08-03	CI
Ocado's Sales Growth, Lack of Profit Will Be in Focus at 1st Half Results	23-07-14	DJ
Certain Ordinary Shares of Facilities by ADF plc are subject to a Lock-Up Agreement Ending on 6-JUL-2023.	23-07-05	CI
Facilities by ADF plc Declares Final Dividend for the Financial Year Ended 31 December 2022	23-06-26	CI
FTSE 100 Closes Tuesday Down 1.24% as New Wave of Concerns Spook Markets	23-05-02	DJ
Carr's profit falls; Facilities by ADF profit rises	23-05-02	AN
Potential Increase in BOE Rate Rise Bets May Support Sterling	23-05-02	DJ
BOE May Lift Rates Further But it Could be Last Rise	23-05-02	DJ
FTSE 100 Rises as HSBC, Builders Gain; BP Falls	23-05-02	DJ
HSBC Among Top FTSE 100 Performers After 1Q Profit Beat	23-05-02	DJ

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Company Profile

Facilities by ADF plc is a United Kingdom-based company, which is engaged in providing serviced production facilities to the UK film and high-end television industry (HETV). The Company operates through the hire of facilities segment. Its production fleet is made up of 700 premium mobile make-up, costume and artiste trailers, production offices, mobile bathrooms, diners, schoolrooms, and technical vehicles. The Company provides these production facilities and additional services after a planning process with the customer held well in advance of filming. It serves customers in an industry with additional demand driven by a material rise in the consumption of film and HETV content via streaming platforms such as Netflix, Disney+, Apple TV+ and Amazon Prime.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-09-09 - Q2 2024 Earnings Release (Projected)

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