Van Elle (LON:VANL) Announces Quarterly Earnings Results

Van Elle (LON:VANL) announced its quarterly earnings data on Monday. The company reported GBX 1.40 earnings per share for the quarter, Digital Look Earnings reports. Van Elle had a net margin of 3.02% and a return on equity of 8.12%.

Van Elle Stock Up 0.5%

Shares of LON:VANL opened at GBX 36.70 on Tuesday. The company has a debt-to-equity ratio of 14.50, a quick ratio of 1.28 and a current ratio of 1.44. Van Elle has a 52-week low of GBX 29 and a 52-week high of GBX 46.50. The business’s 50 day simple moving average is GBX 35.41 and its two-hundred day simple moving average is GBX 36.69. The firm has a market cap of £39.71 million, a P/E ratio of 21.59 and a beta of 0.96.

About Van Elle

Van Elle Holdings is the UK’s largest and most diverse specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including ground investigation; general and specialist piling, rail geotechnical engineering, modular foundations and ground improvement and stabilisation services. Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering and is focused on three end markets; residential and housing, infrastructure and regional construction across which the Group has completed more than 20,000 projects over the last 35 years.

General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects; Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications; and Ground Engineering Services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®.