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Chamberlin PLC Ord 25P (CMH)

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19-Jun-2020 02:32 PM

Chamberlin reopens sites but says outlook uncertain

Specialist castings and engineering group Chamberlin said the majority of its employees were now working normally as lockdowns eased, though around 18% were still furloughed. The company's Walsall foundry reopened for production on 4 May following a
18-Nov-2019 07:15 AM

Chamberlin expects to swing to small loss for the year

Chamberlin said it expected to swing to a small loss for the year after the engineering company reported wider half-yearly losses as tough trading conditions and restructuring costs weighed on performance. For the six months ended 30 September, pre-tax l
04-Jun-2019 02:32 PM

Chamberlin losses deepen as margins shrink

Specialist castings and engineering group Chamberlin posted a deeper annual loss after it sold its Exidor unit and its margins contracted. Pre-tax losses for the year through December amounted to £5.0m, compared to losses of £1.1m on-year. R
12-Nov-2018 09:00 AM

Chamberlin appoints Neil Joseph Davies as Finance Director

Castings and engineering group Chamberlin said Monday Neil Joseph Davies was appointed as Finance Director, succeeding David Roberts who would be stepping down at the end of the calendar year for a new position. Davies has had over 20 years' experie
24-Jul-2018 01:57 PM

Chamberlin warns of cost, production pressures at UK foundry

Specialist castings and engineering group Chamberlin warned that it was experiencing increased costs at its Walsall foundry in England. Revenue for the first three months of its current financial year was in line with expectations. However, chairman Kei
05-Jun-2018 02:06 PM

Chamberlain swings to annual loss as factory delays hurt margins

AIM-listed engineering group Chamberlain swung to an annual loss after technical problems at a new facility squeezed margins. Pre-tax losses amounted to £471k, swinging from a £54k profit a year earlier. Revenue rose 17% to £37.7m, how
12-Apr-2018 09:22 AM

Chamberlin sees earnings ahead of expectations after improved second half performance

Chamberlin reported Thursday that underlying earnings before interest (EBIT) is expected to be ahead of current market expectations after EBIT swung to a profit in the second half of the year, from a loss in the first half. EBIT for the full year is exp
01-Dec-2017 09:13 AM

Chamberlin non-exec resigns

Chamberlin non-executive director David Nicholas has stepped down with immediate effect. The board thanked him for his contribution to the group and wished him every success in the future. The company confirmed that it intended to appoint an additional
28-Nov-2017 09:34 AM

Chamberlin losses widen

Chamberlin's first half revenues increased to £17.9m (2016: £14.7m), in line with management expectations but gross margins fell to 15.9% from 20.5%. The group said this was due to production issues within the foundry business as techn
18-Oct-2017 07:03 AM

Chamberlin margins hit by output issues

Chamberlin, the specialist castings and engineering group, continues to expect revenues for the year to be substantially ahead of last time but said underlying profits were now expected to be in-line last time. The group said revenues for the first six
20-Jul-2017 02:09 PM

Chamberlin shareholders pass all resolutions at AGM

Chamberlin has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:09pm: (LON:CMH) Chamberlin PLC share price was +7.5p at 132.5p Story provided by StockMarketWire.com...
23-May-2017 09:01 AM

Chamberlin revenues up 10%

Chamberlin's revenues rose by 10% to £32.1m in the year to the end of March and underlying profit before tax increased to £0.6m - up from £0.2m last time. Underlying diluted profit per share more than tripled to 4.5p (2016: 1.4p)
29-Nov-2016 01:30 PM

Broker Forecast - Panmure Gordon issues a broker note on Chamberlin PLC

Panmure Gordon today reaffirms its buy investment rating on Chamberlin PLC (LON:CMH) and raised its price target to 166p (from 95p). Story provided by StockMarketWire.com...
21-Nov-2016 07:28 AM

Chamberlin in line with expectations

Chamberlin, the specialist castings and engineering group, says trading in the first half of the financial year has been in line with management expectations. It says the company's investment in a new machining facility in Walsall is progressing we
22-Jul-2016 07:20 AM

Chamberlin trading in line with expectations

Chamberlin (CMH) announced it will hold its annual general meeting today and chairman Keith Butler-Wheelhouse will provide the following update on current trading: "I am pleased to report that trading in the first three months of the new financial y
29-Jun-2016 07:52 AM

Chamberlin promoted to category 'A' supplier by IHI

Chamberlin's flagship foundry at Walsall was awarded 'Most Improved Supplier' at a recent supplier conference held in Germany by IHI Charging Systems International, the provider of charging systems in the European turbocharger sector. Th
29-Feb-2016 07:48 AM

Chamberlin ahead of forecasts

Chamberlin expects results for the year ending 31 March to show underlying profit before tax ahead of current market forecasts on slightly lower revenues. It says this is despite the continued slowdown in the group's core markets, including the auto
04-Dec-2015 01:30 PM

Broker Forecast - finnCap issues a broker note on Chamberlin PLC

finnCap today reaffirms its hold investment rating on Chamberlin PLC (LON:CMH) and set its price target at 70p. Story provided by StockMarketWire.com...
24-Nov-2015 08:00 AM

CMH's euro

Chamberlin warns that underlying profit before tax for the year to the end of March will be below last time after first half results were hit by a weak euro and a slowdown in some core markets. The group said revenues fell to £18.0m (2014: £21.1m) -
20-Jul-2015 07:37 AM

Chamberlin resolutions passed at AGM

Chamberlin has confirmed that all resolutions proposed at its annual general meeting on Friday were approved. Story provided by StockMarketWire.com...
19-May-2015 07:31 AM

Chamberlin swings into profit

Chamberlin reports a significant improvement in performance in the year to the end of March, in line with market expectations and reflecting the management team's business turnaround initiatives. Revenues were up 5.9% at £40.8m (2014: £38.6m) an
25-Nov-2014 07:40 AM

Chamberlin swings into profit

Chamberlin saw a significant first half improvement as its cost reduction programme aided a return to profitability. Revenues for the six months to the end of September were up 8.2% at £21.1m (2013: £19.5m) and the group posts an underlying pre-tax pr
18-Nov-2014 08:19 AM

Chamberlin wins contract worth �?¬26m

Chamberlin, the specialist foundry and engineering group, has secured a major new contract worth �?¬26.0m over an eight year term with a leading European automotive industry components and parts supplier. Secured after a rigorous competitive tender
31-Jul-2014 08:32 AM

Chamberlin cost efficiencies ahead of expectations

Chamberlin's cost efficiencies will generate improved profitability for the current year significantly above current market expectations, shareholders at the annual general meeting later today will be told. Chairman Keith Butler-Wheelhouse will s
20-May-2014 07:46 AM

Chamberlin in the red as revenues fall

Chamberlin posts an underlying pre-tax loss of £0.8m for the year to the end of March compared with a profit of £1.3m last time. Revenues fell by 8.6% to £38.6m but the group reports a significant improvement in performance in H2, reflecting the new
 
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