APC Investor Relations - General Information
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This website was updated on 7th October 2008 to comply with the requirements of Rule 26 of the AIM Rules for Companies.
Company description
APC plc is a leading specialist distributor of electronic components. It was established in 1982 and has been a publicly listed company since 1996. Its shares traded on the Official List of the London Stock Exchange between 1996 and 2002, transferring to AIM in November 2002 as this market was believed to be more appropriate and cost efficient for a company of the size of APC.
The Company was incorporated in England and Wales and registered in England (Registration Number 1635609) and it`s Registered Office is at 47 Riverside, Rochester, Kent, England, ME2 4DP. It`s main area of operations is the United Kingdom.
The Company distributes a wide range of specialist electronic components. APC acts as a manufacturers’ representative for a number of companies and therefore many of these components are available on an exclusive basis.
The Company’s operations include:
• | APC-Hi Rel: the UK`s number one distributor of high reliability electronic components to aerospace, defence and specialist industrial customers |
| • | APC-Hero: distributes a wide range of specialist electronic components into commercial and industrial markets |
• | APC-Displays+: provides support from “concept to production” for customers across a number of sectors in display technology |
• | APC-Locator: one of the premier solution providers for obsolescence and allocation component problems |
| • | APC-Contech: a leading supplier of computer input products |
• | APC-Novacom: a leading representative organisation specialising in microwave and RF products |
• | APC-Go!: provides a kitting and materials management service to companies wishing to outsource non core activities |
• | APC-Kvar: has been created to develop a wider global market for the energy saving technologies developed in North America by the KVAR Energy Savings Corporation |
Aimzine Featured Company Update - 2nd February 2009
Advanced Power Components (APC) issued their final results for the year to 31 August 2008 on 27 January. The results were in line with forecasts and showed a profit before tax of £732,000. However, issues with exchange rates will probably mean that the Group will miss their forecasts for the current year.
Latest Analyst Comments - 15th October 2008
 | Advanced Power Components (APC.L) | Mkt. Cap.:£3.1m |
Recommendation: BUY | Price/Target:13.5p/21p |
Event: Initiation | |
APC distributes specialist electronic components via technically knowledgeable sales teams to an equally specialised customer base comprised of defence, aerospace, transport, medical and other industrial contractors. This reduces cyclicality, increases the likelihood of repeat business and allows decent margins. While APC can generate some organic growth it has also proved adept at acquiring small specialised businesses that are immediately earnings accretive and this forms a key part of management`s growth strategy. On conservative growth assumptions APC trades on a PE of 5.2 times 2008/2009 earnings.
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