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Tuesday 13 January, 2015

13-Jan-2015 08:46 AM

Emmit gives Ximax update

Emmit remains in talks with shareholders of Ximax Environmental Solutions (XES) and Ximax Oil & Gas Solutions Limited (together 'Ximax') over the potential acquisition of the shares in Ximax not currently owned by Emmit. These discussions, if
13-Jan-2015 08:41 AM

Cairn programmes fully funded

Cairn Energy is fully funded to deliver its exploration and appraisal programme, along with the Kraken and Catcher developments which are on track for first oil in 2017. Chief executive Simon Thomson said: "Our focus in 2015 is on delivering a mul
13-Jan-2015 08:34 AM

Idox adjusted earnings up

Idox saw good growth and profit progression in 2014 following a difficult year in 2013. Revenues rose by 6% to £61m in the year to the end of December and adjusted earnings before interest, tax, depreciation and amortisation increased by 9% to £16.4m.
13-Jan-2015 08:28 AM

Fox Marble sales lower than estimated

Fox Marble's sales in the year to the end of December were lower than originally estimated but the company says it has entered 2015 in good shape. Fox Marble says that despite unusually adverse weather in Kosovo during the year, it has continued t
13-Jan-2015 08:23 AM

Iofina like-for-like output jumps

Iofina expects overall revenue for 2014 to be more than 35% higher than 2013 - despite iodine prices falling more sharply than expected. Iofina produced a total of 327.7MT (2013: 171MT) of crystalline iodine in 2014 from its IOsorb plants across the US
13-Jan-2015 08:18 AM

KMG EP appoints a new CFO

KazMunaiGas Exploration Production has appointed a new chief financial officer, following the resignation of Zhanneta Bekezhanova. Dastan Abdulgafarov, the former managing director of business development, has been appointed as the CFO (deputy CEO for e
13-Jan-2015 08:15 AM

Avanti schedules interims

Avanti Communications Group, a leading provider of satellite data communications services in Europe, Africa and the Middle East, will release its first half results on 5 February. At 8:15am: (LON:AVN) Avanti Communications Group PLC share price was -2.
13-Jan-2015 08:13 AM

Cadogan to plug and abandon Deb 15 well

Cadogan Petroleum will plug and abandon Deb 15 well in the Debeslavetska exploration licence. Drilling down to 404m was completed on 26 December. The main targets in this unexplored area were initially the productive levels in the Badenian sequence (leve
13-Jan-2015 08:07 AM

IBEX on track

IBEX Global Solutions says trading for the half year to 31 December was in line with management expectations and the board remains confident of the outlook for the full year. The company says it continues to execute on its growth strategy with a combinat
13-Jan-2015 08:04 AM

Eurotunnel orders three new freight Shuttles

Eurotunnel has ordered three new freight Shuttles to meet growing demand as it aims to reach the target of transporting 2 million trucks per year in 2020. Eurotunnel says that with the British economy continuing to grow and cross-Channel traffic flows
13-Jan-2015 08:01 AM

Helical acquires 23-28 Charterhouse Sq

Helical Bar has exchanged contracts to purchase a new long leasehold interest in 23 - 28 Charterhouse Square, London, EC1 from the Governors of Sutton's Hospital in Charterhouse. The purchase follows Charterhouse obtaining the early surrender of th
13-Jan-2015 08:00 AM

Ingenico sees 15% rise in transactions

Ingenico Payment Services managed more than 335 million transactions in Europe in December. This represents a 15% increase over a year in online and in-store transactions operated on behalf of the merchants connected to the group's platforms in Eur
13-Jan-2015 07:59 AM

Burford sees continued strong performance

Burford Capital reports continued strong performance with investment returns rising to 60% on invested capital. Burford Capital - the world's largest provider of investment capital and risk solutions for litigation - intends to release its annual
13-Jan-2015 07:58 AM

Northern Petroleum gives drilling, production update

Northern Petroleum, the AIM quoted oil company focusing on production led growth, provides the following update regarding drilling and operational activities in north west Alberta, Canada. Drilling: �§ Drilling operations commenced on revised singl
13-Jan-2015 07:57 AM

SIG sees underlying FY pretax profit marginally up

SIG plc said revenues from continuing operations in 2014 were £2,602m, up 2.5% on prior year, despite the adverse effects of foreign exchange translation which reduced sales by 3.1%. "The Board expects that underlying profit before tax for 2014 w
13-Jan-2015 07:55 AM

Essenden like-for-like sales rise

Essenden's like-for-like sales in the 52 week period to 28 December were up by 6.6% and it reports a fourth consecutive year of positive Christmas trading. Essenden says like for like sales for the four week period ending on 11 January rose by 0.1%
13-Jan-2015 07:55 AM

Powerflute says outlook for 2015 broadly positive

Powerflute Oyj continued to perform well during H2 and before exceptional expenses relating to the acquisition of Corenso, performance was in line with its expectations. The Packaging Papers activity continued to enjoy broadly favourable market condition
13-Jan-2015 07:53 AM

Telit Comms says FY revenue up 21% to c.$294m

Telit Communications said revenues for the year ended 31 December 2014 are expected to be about $294 million (2013: $243.2 million), which represent a year over year growth rate of 21%. Recurring service revenues generated by m2mAIR, Telit's connec
13-Jan-2015 07:51 AM

SerVision inks new agreement in Kazakhstan

SerVision said subsidiary SerVision Limited has entered purchase agreements with Crosstone Trading and A&A Traffic Technologies in Kazakhstan for the supply of SerVision's video gateway products for buses in Astana, Kazakhstan. Crosstone and A&A, op
13-Jan-2015 07:46 AM

Charlemagne AuM falls

Charlemagne Capital's assets under management fell to US$2.25bn at the end of December - a decrease of 13.2% in the quarter and 17.7% over the full year. Net management fees for the year were US$25.8m, up 7.9%, while net performance fees for the yea
13-Jan-2015 07:43 AM

UK Mail's expectations for FY remain unchanged

UK Mail Group said its expectations for the full year outcome for its core businesses remain unchanged. Trading in that business in Q3 to Dec. 31, 2014, has been in line with its expectations. It has proposed the closure of its non-core UK Pallets busines
13-Jan-2015 07:43 AM

Big Yellow revenues up

Big Yellow Group's revenues rose to £21.3m in the three months to the end of December - 16% up on a year ago. In the period, the group completed the acquisition of the two-thirds share of Big Yellow Limited Partnership that it did not previously ow
13-Jan-2015 07:39 AM

Netplay TV sees underlying FY results in line

NetPlayTV said revenue for Q4 is £6.4m (Q3 2014: £6.4m;Q4 2013: £7.9m) and underlying results for the FY ending 2014 are in-line with current market expectations. As stated in the Q3 trading update, the Group has now completed a thorough review of its
13-Jan-2015 07:39 AM

Custodian REIT sells two properties

Custodian REIT, the UK property investment company, has sold two properties from its portfolio. The company has sold a 36,924 sq ft hybrid office building on Abbeyfield Road, Nottingham for £1.50m, significantly ahead of the 30 September valuation of �
13-Jan-2015 07:37 AM

Carr's on course

Carr's Milling Industries continues to trade in line with the board's expectations for the full year. The group says its financial position remains strong. Net debt as at 29 November was £30.4m, compared to £24.6m as at 30 August and £28.2m

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