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Wednesday 02 May, 2012

02-May-2012 04:30 PM

Armour return to profitability taking longer than anticiapted

Consumer electronics group Armour's return to operational profitability is taking longer than originally anticipated and the board does not expect this to happen before the 2013 financial year. In the year to 31 August 2012 the board now believes
02-May-2012 02:57 PM

Taihua plans to expand TCM raw materials business

China-based pharmaceutical company Taihua is pleased with its move into traditional Chinese medicines' raw materials and looks forward to expanding this area of its business. The group said the maiden harvest from the first plantation was complete
02-May-2012 01:52 PM

ABIL expects increase in first half earnings

African Bank Investments expects interim headline earnings and earnings to increase by between 24% and 26% from the R1095m reported last time. Similarly headline earnings per share and earnings per share are expected to increase by between 24% and 26% re
02-May-2012 01:11 PM

Carillion makes progress in line with expectations

Support services group Carillion has made a solid start to the year against challenging market conditions and made progress in line with the board#s expectations. Chairman Philip Rogerson said the group has a strong order book and a record pipeline of c
02-May-2012 01:04 PM

First quarter trading tough for APN News & Media

First quarter trading at APN News & Media Ltd - in which Independent News & Media PLC has a 29.5% shareholding - has been tough. But the company says the board is prepared to take whatever measures are necessary to position the company for future growt
02-May-2012 12:56 PM

Double digit sales growth at Nichols

Nichols, the soft drinks group, has reported strong trading in the first four months of the year with sales showing double digit growth compared to the same period last year. John Nichols, the non-executive chairman, told shareholders at the AGM: "T
02-May-2012 10:44 AM

Eco City Vehicles make strong start to the year

Eco City Vehicles, a developer and supplier of eco-friendly commercial vehicles and the London licensed Mercedes Vito taxi, has made a strong start to the year. There was a doubling in new Mercedes Vito taxi sales in January compared with the same period
02-May-2012 09:46 AM

Online sales boost for Stanley Gibbons

Stanley Gibbons says overall, trading performance for the first four months of the year, in what is traditionally its quietest period, has been broadly in line with our expectations. Online sales continue to show strong growth and were double the levels
02-May-2012 09:37 AM

Deltex Medical continues to make progress in export markets

Deltex Medical continues to make progress towards its goal of establishing the use of the CardioQ-ODM as a standard of care around the world. Chairman Nigel Ken says sales in the year to date are ahead of 2011 and costs remain under tight control. Last
02-May-2012 09:24 AM

StatPro says trading in Q1 in line with expectations

StatPro insists trading in the first quarter of 2012 was in line with expectations. The sales pipeline for StatPro Revolution continues to build and the company now has 80 clients for StatPro Revolution. Sales of StatPro Seven have remained strong dur
02-May-2012 09:18 AM

Communisis anticipates further new business wins

Marketing services provider Communisis anticipates new business wins in the second and third quarters of the year. The group says its pipeline of new business opportunities is strong despite challenging market conditions. The group says its overall per
02-May-2012 09:15 AM

Henderson Group AUM increases by £2.4bn

Henderson Group's assets under management rose by £2.4bn to £66.7bn in the three months to the end of March. The group had positive net flows in European retail and investment trusts of £291m offset by UK and US retail net outflows of £392m. C
02-May-2012 09:08 AM

Revenue and profits up for Spirent Comms

Spirent Communications' Q1 performance analysis showws revenue grew 16% to $107.3 million (first quarter 2011: $92.8 million), as the strong demand continued for its wireless, data center, high speed Ethernet and positioning test solutions. This g
02-May-2012 08:45 AM

Everything Everywhere underlying service revenues up

Everything Everywhere's underlying service revenues rose by 2.9% in the three months to the end of March driven by postpaid growth and smartphone penetration. But service revenues - including the impact of mobile termination rate cuts - fell by 2.5%
02-May-2012 08:43 AM

Quadnetics builds on 2011 improvement

After a solid improvement in 2011, Quadnetics' trading has continued strongly in the current year. On a like-for-like basis, excluding the effect of acquisitions, consolidated revenue for the four months to 31 March 2012 was up by approximately 15%
02-May-2012 08:41 AM

AXA Property Trust NAV falls

AXA Property Trust's unaudited consolidated net asset value fell to £62.34m - 62.34p per share - at the end of March. This was down from £63.65m - 63.65p per share - at the end of December. The company and its subsidiaries made a loss after tax
02-May-2012 08:19 AM

Total revenues up 104% for Playtech

Playtech reports that gross income was up 90% to �?¬88.4 million for the three months to end of March 2012, (Q1/11: �?¬46.6 million) and up 13% on Q4/11. Total revenues were up 104% to �?¬75.1 million, (Q1/11: �?¬36.7 million) and up 8% o
02-May-2012 08:15 AM

Kofax reaffirms full-year outlook

Kofax - a leading provider of capture enabled business process management solutions - has reaffirmed its full-year outlook. This is despite lower-than expected software licence revenues in the three months to the end of March in its core capture softwa
02-May-2012 08:05 AM

IPSA working capital position remains extremely tight

IPSA Group - the developer, owner and operator of power generation capacity in southern Africa - has confirmed that its working capital position remains extremely tight. The company says that further to its announcement on 2 February, its principal cred
02-May-2012 07:53 AM

Novae points to strong investment return during Q1

Novae Group reports gross written premium for the first three months of 2012 of £231.1 million, up 5.7% (Q1 2011: £218.7 million). This represents 37% of the planned gross written income for the year (Q1 2011: 34% of planned income) The company also
02-May-2012 07:50 AM

JD Wetherspoon like-for-like sales up 2%

Pub group JD Wetherspoon's like-for-like sales rose by 2% in the 13 weeks to 22 April. Total company sales, over the same period, increased by 8.4%. In the year to date - 39 weeks to 22 April - like-for-like sales increased by 2.0%, and overall
02-May-2012 07:26 AM

StanChar Q1 strong

Asia-facing banking group Standard Chartered said it had a strong start to the year, with high single digit income growth over the prior year period. The Group's first quarter performance builds on the excellent momentum seen at the end of 2011 with
02-May-2012 07:11 AM

Next trades in line as Directory customers underpin growth

Fashion retailer Next said brand sales in the first quarter were up 1.4%, in line with guidance of between 1% and 4%. Directory customer balances have risen with the growth in credit sales and bad debt remains low. Next said there has been little change
02-May-2012 07:05 AM

BAE sees little growth

Defence contractor BAE Systems said this morning that trading for the period since January has been consistent with management expectations. BAE said whilst little sales growth can be expected in 2012 in the current market conditions, modest growth in un