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Wednesday 08 June, 2016

08-Jun-2016 07:44 AM

Grafenia in the red as turnover falls

Grafenia's turnover fell by 2.3% to £10.77m in the year to the end of March and the group posts a pre-tax loss of £0.26m against a profit of £0.53m last time. EBITDA fell by 27.6% to £1.52m and operating profit before restruc
08-Jun-2016 07:43 AM

Sanderson hikes H1 pretax profit

Sanderson has hiked its H1 pretax profit to £1.03m, from a profit of £0.9m. Revenue was £9.86m, from £9.1m. Interim dividend was up at 1p a share, from 0.9p. "The Group has made further progress during the period with revenue
08-Jun-2016 07:40 AM

APC launches IoT buisness unit

APC Technology Group has launched APC Smartwave to consolidate its existing comprehensive range of Internet of Things (IoT) products under one banner to capitalise on the huge potential of the IoT marketplace. APC says this is a natural extension of th
08-Jun-2016 07:39 AM

DX in line with forecasts

Independent parcels, mail and logistics operator DX (Group) says trading in the second half of the financial year has been in line with management expectations, with customer renewals at the DX Exchange operations at anticipated levels. The company says
08-Jun-2016 07:38 AM

Redhall Group narrows H1 pretax loss

Redhall Group has narrowed its H1 pretax loss on continuing operations to £0.75m, from a loss of £2.1m. Revenue was £21.4m, from £22.7m. Chairman Martyn Everett commented: "The level of new orders received for our Manufactu
08-Jun-2016 07:37 AM

Kemin losses widen

Kemin, a molybdenum and tungsten exploration and development company with substantial interests in Kazakhstan, posts an attributable loss of £1,101,000 for the year to the end of December (2014: £818,000). The overall loss including that attributable to
08-Jun-2016 07:36 AM

Ladbrokes notes rise in Coral earnings

Ladbrokes has disclosed extracts from Gala Coral's financial results - comprising Coral Retail, Eurobet Retail and Online, but excluding Gala Retail - for the 28 weeks ended 9 April. Net revenue totalled £604.9m - 13% ahead of last year - and
08-Jun-2016 07:32 AM

Sweett revenues rise

Sweett Group says trading in the year to 31 March in its ongoing business (excluding MENA) which now predominantly comprises the UK has been strong with revenue of £54.9 million, representing growth of 6.6% (2015: £51.5 million). Profit befor
08-Jun-2016 07:28 AM

FairFX expands its services into South Africa

FairFX, the FinTech low-cost multi-currency payments service, has extended its international payments service into the domestic South African market through a tripartite agreement with Morgan West Ltd and Mercantile Bank. Services providing foreign excha
08-Jun-2016 07:27 AM

Horizonte granted preliminary licence for Araguaia

Horizonte Minerals has been granted a preliminary environmental licence for the mining and beneficiation plant to produce ferronickel for its Araguaia nickel project by the Brazilian Par� State Environmental Agency. Horizonte says the LP, granted to Ho
08-Jun-2016 07:26 AM

WH Smith confident

WH Smith said, looking ahead, it continues to focus on profitable growth, cash generation and investing in the business to position the company well for the future. "We remain confident in the outcome for the full year," it said. In the 14-we
08-Jun-2016 07:24 AM revenues jump's revenue rose to £58.2m inthe three months to the end of May - up 41% on a year ago and 42% at constant exchange rates. The group reports a strong UK performance supported by third party sales. Retail gross margin was57.6%, down
08-Jun-2016 07:24 AM

Workspace's profit

Workspace has improved its FY pretax profit to £391.3m, from £360.0m, and hiked its total dividend to 15.05p a share, from 12.04p. "Workspace continues to build momentum and has delivered a very strong financial performance, driven by income and cap
08-Jun-2016 07:21 AM

AO.'s revenues

Online electrical retailer AO World's total revenue for the period increased by 25.7% to £599.2m (2015: £476.7m) as UK growth continued and the German business gained traction with customers. AO website sales for the UK were up 27.7% to £487.1m (20
08-Jun-2016 07:18 AM

Sainsbury's Q1 LFL retail sales down

Sainsbury's said its total Q1 retail sales rose 0.3%, excluding fuel, but were down 0.1% including fuel. It added that like-for-like retail sales fell 0.8%, excluding fuel, and dropped 1.0% including fuel. The grocer reported LFL transaction growth
08-Jun-2016 07:15 AM

Share Plc trading in line with management views

Share Plc said its trading performance in the financial year to date continues to be in line with management expectations and, in addition, that it is in advanced discussions over a major new agreement. As anticipated, investor activity has remained subd
08-Jun-2016 07:00 AM

Economic Events - Tomorrow's Events

UK09/06/2016 00:01 RICS House Price Balance | Forecast: 36% | Previous: 41%09/06/2016 09:30 Goods Trade Balance | Forecast: -11.1B | Previous: -11.2BUS09/06/2016 13:30 Unemployment Claims | Forecast: 270
08-Jun-2016 07:00 AM

Economic Events - Month Ahead Events

UK09/06/2016 00:01 RICS House Price Balance | Forecast: 36% | Previous: 41%09/06/2016 09:30 Goods Trade Balance | Forecast: -11.1B | Previous: -11.2B10/06/2016 09:30 Construction Output m/m | Forecast: 1.50% | Previous: -3.60
08-Jun-2016 07:00 AM

Economic Events - Today's Events

UK08/06/2016 09:30 Industrial Production m/m | Forecast: 0.00% | Previous: 0.30%08/06/2016 09:30 Manufacturing Production m/m | Forecast: 0.10% | Previous: 0.10%08/06/2016 15:00 NIESR GDP EstimateUS
08-Jun-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK09/06/2016 00:01 RICS House Price Balance | Forecast: 36% | Previous: 41%09/06/2016 09:30 Goods Trade Balance | Forecast: -11.1B | Previous: -11.2B10/06/2016 09:30 Consumer Inflation Expectations10/06/2016 09:30 Const

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