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Recent News

Tuesday 07 July, 2015

07-Jul-2015 07:46 AM

Somero Enterprises upbeat on FY

Somero Enterprises reports trading in the months of May and June has remained positive, with particularly strong activity levels in North America and the Middle East, and with Europe, Southeast Asia, and Latin America each contributing satisfactorily to o
07-Jul-2015 07:45 AM

Avacta sees substantial progress

Avacta Group, the global provider of proprietary diagnostic tools, consumables and reagents for life sciences, has issued a pre-close trading update. Avacta Life Sciences: Substantial progress has been made against the operational and commercial object
07-Jul-2015 07:43 AM

Solid State improves FY pretax profit

Solid State has improved its FY pretax profit to £3.01m, up 40% from £2.15m. Turnover was £36.56m, from £32.09m. Dividend was 12p a share, from 8.5p. Chairman Tony Frere said: "This is another very pleasing set of results for a year that repres
07-Jul-2015 07:43 AM

Interserve on track

Interserve, the international support services and construction group, says overall trading has continued in-line with the board's expectations. Performance in Support Services, Equipment Services and International Construction is encouraging, offse
07-Jul-2015 07:42 AM

Servelec announces new contract wins

Servelec announce recent contract wins for Servelec Controls, part of the Automation division. Oil & Gas: Against the backdrop of a challenging oil and gas market, impacted by the fall in the dollar price of oil, we are very pleased to announce that Ser
07-Jul-2015 07:42 AM

Ironveld appoints CFO

Ironveld has appointed Vred von Ketelhodt as chief financial pfficer. Von Ketelhodt has a 25 year career in the mining industry with significant management, financial and project management expertise. He has been providing consultancy services to the c
07-Jul-2015 07:40 AM

Young & Co's Brewery starts current-year trading well

Young & Co.'s Brewery said trading in the current year has started well with managed house sales for the first thirteen weeks up 8.3% in total and up 5.6% on a like-for-like basis. On a like-for-like basis accommodation, a major focus of investment
07-Jul-2015 07:40 AM

Idox acquires Cloud Amber for £5m

Idox, a leading independent supplier of software & services, has acquired Cloud Amber, a leading provider of solutions delivering integrated intelligence for the management and control of traffic and public transport networks, for a total consideration o
07-Jul-2015 07:39 AM

Howden agreement on pension scheme funding

Howden Joinery Group has reached agreement with the trustees of its defined benefit pension scheme on the schedule of payments towards the funding of the scheme's deficit. As a result, the group will continue to make deficit contributions equival
07-Jul-2015 07:37 AM

WIND signs UK solar project construction conract

Renewable Energy Generation has signed an engineering, procurement and construction contract (EPC) with Juwi Renewable Energies Ltd for its 2.6MWp solar project at Mendennick, Cornwall. This update is in line with the Company's strategy to incre
07-Jul-2015 07:37 AM

Connect revenues up

Connect Group's total revenues for the 44 week period to 7 July increased 3.1% on the corresponding period last year, with overall performance marginally ahead of management expectations. Connect - a leading specialist distributor operating in four
07-Jul-2015 07:36 AM

Weir Group acquires Delta Industrial Valves

Weir Group has agreed to acquire Delta Industrial Valves Inc, a US-based manufacturer of knife gate valves for the mining, oil sands and other industrial markets, for an enterprise value of up to $47m. Based in Niles, Michigan, Delta employs approximatel
07-Jul-2015 07:35 AM

SAT acquires customer base of Onwave Ltd

Satellite Solutions Worldwide Group has acquired the customer base of Onwave Ltd, the Irish satellite broadband provider. Consideration for the acquisition of the customer base and related assets is a total of approximately �?¬900K. Onwave will also
07-Jul-2015 07:34 AM

Cyan in line with forecasts

Cyan Holdings' trading for the six months to the end of June was in lien with management's expectations. It says that activities during the first half built on the momentum achieved during the previous year as the dompany worked towards furth
07-Jul-2015 07:32 AM

Grexit would lower cost base, says Globo

Globo - the international provider of enterprise mobility management (EMM), mobile solutions and software as a service (SaaS) - says a Greek Euro exit would effectively lower its underlying cost base. Globo says its operations are predominantly interna
07-Jul-2015 07:28 AM

Cineworld revenues up

Cineworld reports a solid first half performance, with total pro forma revenue growth of 11.2%. The group said box office revenues have increased by 10.9%, with admissions growth in all territories with the exception of Slovakia. An update says: "
07-Jul-2015 07:26 AM

Ultra Electronics awarded £18m UK submarine contract

Ultra Electronics said its PMES business has been awarded an £18m contract relating to the design and development of reactor control and cooling systems for Royal Navy submarines. The contract, awarded by Rolls-Royce, is the result of a successful, c
07-Jul-2015 07:26 AM

ASOS sales up 20%

Online fashion group ASOS saw retail sales rise by 20% (24% at constant currencies) to £386.0m in the four months to the end of June. UK retail sales were up 27% while International retail sales rose by 16%). Retail gross margin was up c.280bps on prior
07-Jul-2015 07:25 AM

RWA's income

Robert Walters has improved its Q2 net fee income to £60.0m, up 11% from the prior same period's £53.9m. Net fee income improved in Asia Pacific (up 10% to £25.8m), UK (up 19% to £20.1m), Europe (up 3% to £11.2m) and Other International (up 13%
07-Jul-2015 07:23 AM

McBride sees adj. FY operating profit in line with views

McBride expects adjusted FY operating profit will be in line with expectations. Group revenues for the year ended 30 June 2015 were 0.3% higher on a constant currency basis than the prior year. The Group's performance benefited from continued stro
07-Jul-2015 07:22 AM

M&S leaves all FY guidance unchanged

Marks & Spencer said all its FY guidance remains unhanged, and that the company continues to make progress against key priorities. CEO Marc Bolland said: "Our Food business did very well in a difficult market. In General Merchandise, sales were br
07-Jul-2015 07:09 AM

Robert Walters improves Q2 net fee income

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07-Jul-2015 07:00 AM

Economic Events - Month Ahead Events

UK08/07/2015 10:30 FPC Meeting Minutes09/07/2015 00:01 RICS House Price Balance09/07/2015 12:00 Asset Purchase Facility09/07/2015 12:00 Official Bank Rate10/07/2015 09:30 Construction Output m/m14/07/2015 00
07-Jul-2015 07:00 AM

Economic Events - 7 Days Ahead Events

UK08/07/2015 10:30 FPC Meeting Minutes09/07/2015 00:01 RICS House Price Balance09/07/2015 12:00 Official Bank Rate09/07/2015 12:00 Asset Purchase Facility10/07/2015 09:30 Construction Output m/m14/07/2015 00
07-Jul-2015 07:00 AM

Economic Events - Tomorrow's Events

UK08/07/2015 10:30 FPC Meeting MinutesUS08/07/2015 18:01 10-y Bond Auction08/07/2015 19:00 FOMC Meeting MinutesJP08/07/2015 00:50 Current Account08/07/2015 00:50 Bank Le

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