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Friday 12 January, 2018

12-Jan-2018 02:56 PM

Coral Products warns on profits

Plastic products maker Coral Products PLC said its annual results would be materially below market expectations due to costs identified during a review of its production facility in Haydock. The review resulted in slow-moving and obsolete stock worth &po
12-Jan-2018 08:31 AM

SDL revenue up 8%

Language translation software provider SDL said it expected to grow annual revenue by around 8%, despite a number of deals not closing as expected. Revenue was expected to grow to £285m, the company said, while adjusted Ebitda would come in at aro
12-Jan-2018 08:17 AM

Petards expects one-off items to boost profit

Petards said its annual pre-tax profit was expected to be above market expectations due to a number of one-off gains. Around £1m of revenue, however, would be deferred to 2018 due to software programming delays, meaning pre-tax profit from trading
12-Jan-2018 08:00 AM

Manx Telecom FY revenue flat

Manx Telecom, a telecom group serving the Isle of Man, said it expected to post broadly flat revenue in 2017, with trading during the year in line with its expectations. The company said underlying cash flow was "continuing to support our progressi
12-Jan-2018 07:54 AM

Pantheon November NAV up 1.1%

Pantheon International said its net asset value at the end of November had grown by 1.1% compared to October. The rise was driven by valuation gains, investment income and share buybacks, partially offset by foreign exchange movements, expenses and taxe
12-Jan-2018 07:53 AM

B&M buoyed by very strong Christmas

B&M European Value Retail's third quarter group revenues rose to £969.8m - up from £789.1m last time. Total group revenues for the first nine months increased to £2,316.2m from £1,895.0m. UK like-for-like revenues were up 3.
12-Jan-2018 07:50 AM

Tarsus Group FY revenue up 7%

Tarsus Group said it expected its annual results to be in line with its expectations after like-for-like revenue and visitor numbers both grew by 7% during the year. Bookings were currently tracking at least 10% ahead of the same time last year, as expe
12-Jan-2018 07:44 AM

Nanoco advances product development

Nanoco Group said it had continued to make good progress commercialising its nanoparticle technology. This was underlined by a successful Consumer Electronics Show in Las Vegas this week, chairman Chris Richards said in speech notes for the company annua
12-Jan-2018 07:30 AM

Escher revenues ahead of earlier forecast

Escher Group expects revenues for the year ended 31 Dec to be marginally ahead of the figure in its November update. The group said adjusted EBITDA was expected to be in the order of $2.8m. Escher said that as previously indicated, the group would have
12-Jan-2018 07:26 AM

XP Power 4Q revenue up 16%

XP Power posted a large boost in fourth-quarter revenue as its order book continued to swell. Revenue of £43.2m was up 16% on-year and up 23% on a constant currency basis. The jump contributed to a 29% increase in revenue for the full year. Order
12-Jan-2018 07:25 AM

Bovis on target as satisfaction levels improve

Bovis Homes expects full year results to be in line with forecasts after a significant improvement in customer satisfaction. The group said it delivered total completions of 3,645 in a controlled and disciplined manner and expected profit before tax, ex
12-Jan-2018 07:18 AM

Mitchells & Butlers posts rise in Christmas sales

Mitchells & Butlers said trading through the three-week festive season was "strong", with like-for-like sales growing by 3.9% on-year. Christmas Day was a record taking day, the company said, with like-for-like sales growing by 5.4% and 225,00
12-Jan-2018 07:04 AM

Lighthouse FY to be ahead of forecasts

Lighthouse Group expects revenues, EBITDA and pre-tax profits for the year ended 31 Dec to be ahead of market forecasts. It said its performance was driven by both an increase in business derived from the group's affinity connections and from higher

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