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Xeros Tech Group PLC Ord 0.15P (XSG)

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24-Apr-2020 02:35 PM

Xeros Technology posts annual loss; launches £6.3m equity raising

Water saving technology group Xeros Technology reported a full-year loss and launched a £6.3m discounted share placing to bolster its balance sheet. New shares in the company were offered at 0.5p each. Pre-tax losses for the year through December
01-Nov-2019 08:20 AM

Broker Forecast - finnCap issues a broker note on Xeros Technology Group Plc

finnCap today initiates coverage of Xeros Technology Group Plc (LON:XSG) with a corporate investment rating and price target of 4p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
20-Sep-2019 09:50 AM

Broker Forecast - Berenberg issues a broker note on Xeros Technology Group Plc

Berenberg today reaffirms its buy investment rating on Xeros Technology Group Plc (LON:XSG) and cut its price target to 20p (from 40p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Aug-2019 07:48 AM

Xeros Technology to quit direct sales, slash headcount and raise up to £10m

Water-saving technology developer Xeros Technology Group said it planned to raise between £5m and £10m via a share issue and slash its headcount as part of an exit from direct sales business by the end of 2019. The company, which counts washi
30-Apr-2019 08:32 AM

Xeros Technology posts annual loss; to raise capital in 2019

Water-saving technology company Xeros Technology Group booked a full-year loss and said it expected to raise equity in 2019 to strengthen its balance sheet. Pre-tax losses for the year through December amounted to £30.4m, compared to losses of &pou
19-Apr-2018 07:46 AM

Xeros loss widens on higher costs

Xeros Technology, the developer and provider of patented polymer based technologies, made an EBITDA loss of £28.7m in the 12 months to 31 December 2017, compared with a loss of £20.7m for the 17 months to 31 December 2016. Group earned income
22-Mar-2018 08:03 AM

Xeros Technology acquires Gloves

Xeros Technology, a developer and provider of polymer based technologies, has acquired Gloves, which provides, cleaning, inspection and repair services for firefighter personal protection equipment (PPE) from facilities in Atlanta and Miami. Gloves was a
27-Sep-2017 07:21 AM

Xeros Technology loss widens

Xeros Technology Group said its interim loss widened after it invested more in its industrial polymer technologies. The group booked a loss after tax of £15.1m, widening from £6.1m in the previous corresponding period. Xeros said it had mad
11-Jul-2017 07:31 AM

Xeros inks 10yr contract with European tannery

Xeros Technology has signed a 10-year contract with Wollsdorf Leder Schmidt & Co. Ges.m.b.h (Wollsdorf) to convert its re-tanning operations in Austria to use Xeros' patented polymer technology. This contract followed the previously announced heads
03-Jul-2017 07:09 AM

Xeros Tech. updates on acquisition

Story provided by StockMarketWire.com...
21-Jun-2017 01:11 PM

All resolutions passed at AGM of Xeros

Xeros Technology Group has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:11pm: (LON:XSG) Xeros Technology Group Plc share price was +4.51p at 300.13p Story provided by StockMarketWire.com...
22-May-2017 09:20 AM

Broker Forecast - Berenberg issues a broker note on Xeros Technology Group Plc

Berenberg today initiates coverage of Xeros Technology Group Plc (LON:XSG) with a buy investment rating and price target of 355p. Story provided by StockMarketWire.com...
02-May-2017 12:40 PM

Broker Forecast - Jefferies International issues a broker note on Xeros Technology Group Plc

Jefferies International today upgrades its investment rating on Xeros Technology Group Plc (LON:XSG) to buy (from underperform) and raised its price target to 349p (from 136p). Story provided by StockMarketWire.com...
20-Apr-2017 09:19 AM

Xeros Tech. posts 17-month pretax loss

Xeros Tech. has posted a 17-month pretax loss of £21.1m, from a loss for the year to July 31, 2015, of £10.7m. Revenue for those periods of differing lengths was £2.5m, from £480,000. "Over the past 17 months, we have achieve
03-Oct-2016 07:25 AM

Xeros Tech. appoints Paul Denney as CFO

Xeros Technology Group has appointed of Paul Denney as Chief Financial Officer with immediate effect. Story provided by StockMarketWire.com...
09-Feb-2016 07:22 AM

Xeros' contract

Xeros has signed a contract to provide and service eight of its washing machines to New York City based laundry service provider eLaundry.com. The deal is seen to be worth about USD1m in revenue over its eight-year term. Story provided by StockMarke
12-Nov-2015 09:42 AM

Xeros Technology widens FY pretax loss, eyes placing

Xeros Technology has widened its FY pretax loss to GBP10.7m, from a loss of GBP6.7m. Revenue was GBP466m, from GBP312m. Administrative expenses were GBP11.1m, from GBP6.8m. It has also proposed a placing to raise about GBP40m, at 225p a share, to mainta
11-Nov-2015 02:51 PM

Xeros notes share price movement

Commenting on today's share price movement, Xeros Technology Group said that it is in the late stages of discussions with certain of its shareholders and other investors to raise up to £40m by way of a placing of new ordinary shares at 225 pence per
28-Apr-2015 10:00 AM

Xeros Technology widens H1 pretax loss

Xeros Technology Group (XSG) has booked an H1 pretax loss of £4.7m, from a year-earlier loss of £2.8m. It also announced a joint development programme with Lanxess. At 10:00am: (LON:XSG) Xeros Technology Group Plc share price was -13.5p at 285p St
22-Oct-2014 08:06 AM

Richard Ellis joins Xeros Technology

Xeros Technology Group (AIM: XSG), the innovative developer of a patented polymer bead laundry cleaning system with multiple identified commercial applications, has appointed Dr Richard Ellis as a non-executive director. Dr Ellis is currently a director
22-Oct-2014 07:47 AM

US is a priority market for Xeros Technology

Xeros Technology Group plc (AIM: XSG), the innovative developer of a patented polymer bead cleaning system with multiple identified commercial applications, achieved revenues of £315,000 in the year ended 31 July 2014. This is a 485% increase on the pre
22-Sep-2014 08:06 AM

Xeros Tech Group updates on contract wins

Xeros Technology Group confirms that, following its latest cleaning system contract win, it now counts four out of the world's top five hotel groups as customers. According to the 2014 World Hotel Ranking (www.hotel-online.com), IHG, Hilton, Marri
 
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