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BATM AdvncdComm Ld Ord Ils0.01 (BVC)

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22-Feb-2021 09:16 AM

BATM annual profit soars as Covid-19 test kits, ventilators sales jump

Technologies for networking solutions company BATM as its biomedical business doubled revenue, driven by sales from COVID-19 diagnostic kits and critical care ventilators. For the year ended 31 December 2020, pre-tax profit climbed to $13.3 million from
17-Aug-2020 07:47 AM

BATM Advanced Communications sees pre-tax profit up 63% in first half

Provider of real-time technologies for networking solutions and medical laboratory systems BATM Advanced Communications saw pre-tax profit up 62.8% year-on-year in the first half to $1.9m. This result was achieved on revenue 37% to $77.4m, driven by a st
30-Apr-2020 10:04 AM

BATM sees lost revenue in networking & cyber division amid slowing activity

Networking solutions company BATM said it expected its networking & cyber division to experience a temporary slowdown amid Covid-19 related disruptons. The company said it anticipated some lost revenue in its networking & cyber division after some cust
16-Apr-2019 09:55 AM

BATM Advanced Communications wins $2m contract

BATM Advanced Communications was awarded an initial $2m contract by a branch of a national armed forces for the provision of a combined cyber security and networking solution. This is the Group's first contract for this combined solution, which will
06-Mar-2019 09:38 AM

BATM upgrades outlook on earnings, revenue following 'strong' growth in 2018

BATM Advanced Communications upgraded its outlook on earnings and revenue even after delivering 'strong' growth for the year. For the year ended 31 December 2018, profit before tax more than halved to $1.21m from $3.81 a year earlier and reven
29-Nov-2018 09:29 AM

Britvic profits rise 5% despite 'challenging environment'

Soft drinks maker Britvic said Thursday annual profits increased 5% even as the company had to contend with headwinds related to the 'sugar tax' and carbon dioxide shortage. For the 12 months to ended 30 September, pre-tax profits rose 5% to &
28-Aug-2018 08:45 AM

BATM losses shrink as networking, cyber divisions boost revenue

BATM Advanced Communications said Tuesday first-half losses before tax narrowed supported by double-digit revenue growth amid upbeat performance in its networking and cyber division. For the six months to the 30 June, the company reported a loss before
19-Feb-2018 09:20 AM

BATM sees full year 2017 revenue ahead of expectations

BATM Advanced Communications said it expects to report revenue for 2017 ahead of market expectations driven by growth in both its networking & cyber and Bio-Medical divisions. The company said it expects revenue for 2017 to be approximately $106m, repr
08-Jan-2018 09:40 AM

BATM awarded $4m cyber security contract

BATM Advanced Communications' networking and cyber division has been awarded a significant contract to supply a cyber communication technology solution to a government defence department. The group said it was the fourth such contract awarded by a
04-Dec-2017 09:04 AM

BATM agrees sale of property in Israel

BATM Advanced Communications' fully-owned property management subsidiary BATM Mekarkein has agreed to sell a wholly-owned 5,757sq m building situated at Yokneam, Israel. The building, which BATM has owned since it was constructed 17 years ago, hous
22-Nov-2017 07:49 AM

BATM establishes key partnerships in NFV market

BATM Advanced Communications has announced that Telco Systems, a high-end software development and design business within the group's networking and cyber division, has established partnerships with a number of leading telecoms organisations with the
17-Oct-2017 08:21 AM

BATM awarded cyber security contract by European government

BATM Advanced Communications' cyber security subsidiary Celare has been awarded a proof-of-concept contract to be the main supplier of cyber monitoring and detection systems for a European country. BATM said Celare will start the POC contract immed
11-Oct-2017 07:27 AM

BATM unit develops new solution with Telco

BATM Advanced Communications' wholly-owned subsidiary, Telco Systems, together with NXP Semiconductors have launched the industry's first and only Arm-based uCPE networking technology solution. BATM said this utilises the group's NFVTime
21-Mar-2017 07:59 AM

BATM unit wins Internet Solutions Kenya contract

BATM Advanced Communications' wholly-owned subsidiary, Telco Systems, has been awarded a contract by Internet Solutions Kenya to upgrade its network infrastructure to increase bandwidth capacity and enable an expansion in its service offering. BATM
08-Mar-2017 12:10 PM

Broker Forecast - finnCap issues a broker note on BATM Advanced Communications Ltd

finnCap today reaffirms its corporate investment rating on BATM Advanced Communications Ltd (LON:BVC) and raised its price target to 22p (from 20p). Story provided by
08-Mar-2017 09:08 AM

BATM adjusted operating profits rise

BATM Advanced Communications posts adjusted operating profits of $0.9m for the year to the end of December - up from $0.7m in 2015. Revenues decreased to $90.4m (2015: $97.1m), mainly due to a reduction in sales in the Networking and Cyber division. Th
01-Mar-2017 09:36 AM

BATM maintains momentum

BATM Advanced Communications maintained the the momentum achieved in the first six months of 2016 with a number of significant contracts across all divisions being announced in the second half. It said the majority of these will fall into 2017, giving t
06-Feb-2017 08:04 AM

BATM to acquire Zer Laboratories

BATM Advanced Communications has agreed to acquire Zer Laboratories for NIS2.75m (approximately £580,000) in cash. Zer Laboratories, which has its headquartered in Tel Aviv, was established in 1976, and is the largest private diagnostic laboratory
26-Sep-2016 02:07 PM

BATM resolutions passed at AGM

BATM Advanced Communications has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. These included the resolution appointing Harel Locker as an external director, as required under Israeli law, for a term of t
30-Aug-2016 07:51 AM

BATM revenues fall

BATM Advanced Communications' group revenues fell to $45.1m in the six months to the end of June (H1 2015: $47.6m) but gross margins improved to 32.8% (H1 2015: 31.7%). Adjusted operating losses rose to $0.6m (H1 2015: $0.3m loss) and EBITDA fell
30-Jun-2016 07:53 AM

BATM's Adaltis in China strategic JV

BATM Advanced Communications' wholly-owned subsidiary Adaltis, a manufacturer of medical diagnostics equipment, has entered into an investment agreement and a strategic joint venture with its Chinese partner, Egens Biotechnology Co. Egens will purch
22-Jun-2016 07:25 AM

BATM expands client base in Kenya

BATM Advanced Communications' wholly-owned Telco Systems subsidiary has successfully deployed a new high capacity carrier ethernet network for the Kenya Education Network. The group has implemented a 10 gigabit ethernet (10GE) network to provide gr
06-Apr-2016 07:29 AM

BATM wins $4m new cyber security contract

BATM Advanced Communications' networking and cyber division (formerly known as the telecoms division) has been awarded a significant contract as the leading supplier for the delivery of an information communication technology solution combined with s
25-Jan-2016 07:26 AM

BATM acquires Green Lab Hungary Engineering

BATM Advanced Communications has agreed to purchase Green Lab Hungary Engineering Ltd, a Hungary-based developer and distributor of analytical instruments, for USD3.8m cash over a three-year period. BATM says the acquisition is in line with the group&ap
04-Jan-2016 07:35 AM

BATM chief financial officer to join board

BATM Advanced Communications' nomination committee has proposed that Moti Nagar be appointed to the board as an executive director. Nagar's nomination has been approved by the board and, in accordance with the group's articles of associat

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