Information  X 
Enter a valid email address

Redcentric PLC Ord 0.1P (RNO)

Related News

14-Apr-2021 07:37 AM

Renold annual revenue slips 7.4%, though on an improving trend

Industrial chain maker Renold said its annual revenue had fallen 13%, though trading had improved in the latter part of the year. Revenue for the year through March had slipped to £165.3 million, while order intake had declined 7.4% to £170.0
13-Jan-2021 07:59 AM

Renold expects second-half operating profit similar to first

Industrial chain supplier Renold said it expected its second-half profit to be flat compared to the first half amid a continued improvement in sales. Renold said both revenue and order intake had continued to recover since it announced its half-year resu
20-Nov-2020 09:19 AM

Renold appoints NED to take over audit committee

Chains and gears manufacturer Renold has appointed of Andrew Magson to its board as a non-executive director with effect from 1 December 2020. He will be appointed to Renold's audit, remuneration and nomination committees, with a view to becoming ch
11-Nov-2020 08:54 AM

Renold cuts debt levels but profit falls 16%

Industrial company Renold hailed 'resilient' performance over the six months to the end of September after it generated an operating profit of £5.3 million. The figure - which covers the first half of the company's financial year - m
16-Oct-2020 07:24 AM

Renold profitable in second half even as sales drop 17%

Industrial chain manufacturer Renold said it remained profitable in the first half of its financial year, despite revenue dropping 17% to £82 million. 'Renold delivered a resilient performance in the first half despite its markets being signif
24-Jul-2020 07:30 AM

Renold profitable in each month of first quarter, even as orders fall

Industrial chain manufacturer Renold said it had been profitable in each month of the first quarter of 2020, despite orders falling due to the Covid-19 crisis. The company also said it had been cash generative in each of the three months through March.
22-Jun-2020 08:00 AM

Broker Forecast - Peel Hunt issues a broker note on Renold PLC

Peel Hunt today reaffirms its buy investment rating on Renold PLC (LON:RNO) and raised its price target to 30p (from 15p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
16-Jun-2020 07:32 AM

Renold scraps dividend as profit more than halves

Industrial chains supplier Renold booked a substantial fall in annual profit and scrapped its dividend, citing challenging markets throughout the year and the initial impact of the Covid-19 crisis. Pre-tax profit for the year through March more than halv
19-Feb-2020 11:40 AM

Broker Forecast - Peel Hunt issues a broker note on Renold PLC

Peel Hunt today reaffirms its buy investment rating on Renold PLC (LON:RNO) and cut its price target to 30p (from 40p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Nov-2019 08:29 AM

Renold says subdued economic backdrop drags on results

Industrial chains supplier Renold booked a fall in first-half profit, citing a more challenging economic backdrop. Net profit for the six months through September dropped to £0.8m, down from £2.1m on-year, and included a loss of £1.5m f
14-Oct-2019 07:12 AM

Renold sees first-half revenue falling as macroeconomic conditions weaken

Industrial chain and transmission product supplier Renold said it expected to report a fall in first-half revenue after macroeconomic conditions weakened in the second quarter. Revenue for the six months through September was seen falling 0.7%, though un
09-Jul-2019 07:48 AM

Renold identifies historical accounting errors; delays AGM

Industrial chain supplier Renold said it had delayed its annual general meeting after it identified accounting mistakes in previous results that led to an overstatement of profits. The accounting glitches were discovered over the three years ending 31 Ma
28-May-2019 07:20 AM

Renold profit grows after strong chain sales

Chains and power transmission product supplier Renold booked a rise in annual profit, driven by strength in its chains division. Pre-tax profit for the year through March rose to £11.2m, up from £1.4m on-year. Revenue rose 5.6% to £202
14-Nov-2018 09:24 AM

Renold profit jumps 72% as price rises boost sales

Industrial chain manufacturer Renold booked a 71% rise in first-half profit after it was able to pass through higher raw material costs and increase prices. Pre-tax profit for the six months through September rose to £4.1m, as revenue grew 4.5% to
14-Nov-2018 08:50 AM

Broker Forecast - Peel Hunt issues a broker note on Renold PLC

Peel Hunt today initiates coverage of Renold PLC (LON:RNO) with a buy investment rating and price target of 50p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Jul-2018 09:14 AM

Renold first-quarter revenue up 3.7%; advances Chinese chain factory

Industrial chain supplier Renold said it grew underlying revenue by 3.7% in the first quarter on-year, after converting a strong order intake. Higher sales weredelivered in both divisions, with revenue up 3.1% in chains and 4.9% for torque transmission.
29-May-2018 07:47 AM

Renold profit falls following machine breakdowns, cost pressures

Industrial chain and power transmission product provider Renold booked a large fall in annual profit, owing to machine breakdowns and higher raw material prices. Pre-tax profit for the year through March fell to £1.4m, down from £6.7m a year
09-Mar-2018 03:00 PM

Broker Forecast - finnCap issues a broker note on Renold PLC

finnCap today reaffirms its hold investment rating on Renold PLC (LON:RNO) and cut its price target to 40p (from 50p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Mar-2018 08:02 AM

Renold warns profits will miss expectations amid material cost increases in China

Industrial chain and power-transmission product provider Renold said its annual adjusted operating profit would be below expectations amid rising raw material costs in China. The company said it was making progress passing higher costs on to consumers, t
12-Oct-2017 12:50 PM

Broker Forecast - finnCap issues a broker note on Renold PLC

finnCap today downgrades its investment rating on Renold PLC (LON:RNO) to hold (from buy) and cut its price target to 50p (from 65p). Story provided by StockMarketWire.com...
12-Oct-2017 07:45 AM

Renold machine break-down weighs on profits

Renold's operating profit for the year to 31 March 2018 is expected to be slightly below the lower end of analyst forecasts after the group suffered machine break-downs at its Einbeck facility and increases in raw material costs. The company, an int
19-Jul-2017 01:46 PM

All resolutions passed at AGM of Renold

Renold has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:46pm: (LON:RNO) Renold PLC share price was +1.38p at 54.13p Story provided by StockMarketWire.com...
19-Jul-2017 07:16 AM

Renold reports improving order intake

Renold said improving order intake in the final quarter of the previous year was converted into growth in underlying revenue in the first quarter of the new financial year of 6.6%, largely as a result of an 8.2% revenue increase delivered in the Chain div
12-Jun-2017 12:00 PM

Broker Forecast - N+1 Singer issues a broker note on Renold PLC

N+1 Singer today reaffirms its buy investment rating on Renold PLC (LON:RNO) and raised its price target to 86p (from 70p). Story provided by StockMarketWire.com...
13-Oct-2016 04:40 PM

Broker Forecast - Numis issues a broker note on Renold PLC

Numis today upgrades its investment rating on Renold PLC (LON:RNO) to buy (from buy) and left its price target at 50p. Story provided by StockMarketWire.com...
 
Headlines
Top categories
Company finder

a d v e r t i s e m e n t