Acal acquires Variohm, proposes placing, says Q3 trading steady
20th Jan 2017 15:43
(ShareCast News) - Acal has confirmed the acquisition of Variohm Holdings Ltd and a proposed placing to raise about £14.1m gross at 220p a share. Acal -- an international supplier of customised electronics to industry -- said trading in Q3 was in line with management expectations. It retained its FY
Read moreAcal appoints new non-executive chairman
29th Nov 2016 09:38
(ShareCast News) - Acal, a supplier of customised electronics to industry, has appointed Malcolm Diamond as non-executive chairman from 1 April 2017. He will take over from Richard Moon, who will step down at the end of March next year, having performed the role since April 2005. Diamond has been n
Read moreAcal claims strong underlying growth in first half
13th Oct 2016 15:02
(ShareCast News) - Customised electronics supplier Acal issued a trading update for the six months to 30 September on Thursday, ahead of publishing its half-year results on 29 November. The London-listed firm said that for the first half, it expects to report further progress with double digit growt
Read moreAcal says Q1 profits in line, FY outlook unchanged
26th Jul 2016 13:52
(ShareCast News) - Bespoke electronics supplier Acal said its first-quarter group profits were in line with its expectations and that its outlook for the year is unchanged. Acal said it expected to benefit from sterling's decline following the non-binding UK vote to quit the European Union. As note
Read moreAcal posts bumper FY results, sees challenging conditions ahead
1st Jun 2016 11:50
(ShareCast News) - Shares in electronic products designer and distributor Acal fell more than 3% as it warned of challenging trading conditions ahead after hiking its full-year profit, revenue and dividend. "Whilst challenging trading conditions are likely to continue in the first half of the year,
Read moreAcal interim revenue and earnings jump; remains confident on European markets
30th Nov 2015 08:52
(ShareCast News) - Electronic parts distributor Acal said it was on track to meet its full year expectations after posting a strong set of interim results. In the six months to 30 September, the group said revenue rose 2% year-on-year on a like-for-like basis to £142.2m, while revenue on a constant
Read moreAcal buys Danish magnetic components maker for GBP3.7m
6th Nov 2015 09:53
(ShareCast News) - Acal has acquired Danish customised magnetic components designer and manufacturer Flux AS for £3.7m in cash as it looks to create a higher margin business. The supplier of customised electronics said the acquisition is being funded from existing debt facilities and is expected to
Read moreAcal senior exec adds 21,000 shares
24th Sep 2014 16:38
Specialist electronics supplier Acal on Wednesday announced that its senior non-executive director, Graham Williams, earlier this week purchased 21,000 shares. The £50,610 deal, which takes his stake in the company to 74,900 shares, paid 241p a piece. Acal, which designs, manufactures and distribut
Read moreSunday share tips: GlaxoSmithKline, African Minerals, WANdisco
21st Sep 2014 15:56
Buy shares of GlaxoSmithKline, Questor said in the Sunday Telegraph. China's £297m fine against GSK for corruption is manageable and has lifted the cloud that hung over the company. The shares have underperformed the wider market and are trading on 15.3 times forecast earnings compared with 22 times
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
Read moreAstraZeneca Chief buys round of shares worth £2m
1st Jul 2014 16:28
AstraZeneca's Chief Executive Officer, Pascal Soriot, has spent £2m on shares, the drugs giant announced on Tuesday. The director, who has held his role since October 2012, paid 4,345p for each of the 46,200 shares. It follows another large purchase made by a member of the Astra board last week,
Read moreNew Quindell CEO builds company holding
24th Jun 2014 16:08
Robert Fielding has purchased 16,889 shares in Quindell, the software and consulting services group, just a few days after the announcement of his appointment as Group Chief Executive. He has previously been in charge of the Services division, before which he was the Chief Executive of Silverbeck
Read moreTwo Great Portland directors sell stock after share awards
6th Jun 2014 14:56
Two directors at Great Portland Estates sold a combined £1.6m in stock, the property company said on Friday. After achieving performance targets set in the firm's long-term incentive plan in 2011, Chief Executive Toby Courtauld and Portfolio Director both sold over half of the shares that were awar
Read moreAcquisitions drive strong growth at Acal
10th Apr 2014 13:24
European specialist electronics supplier Acal said it expects to meet expectations with its annual results after its recent acquisitions drove a robust trading performance towards the end of the year. In the Electronics business, which now accounts for 97% of the group's ongoing revenues, sales in
Read moreBroker tips: Shire, Tate & Lyle, Aquarius Platinum, Acal
7th Feb 2014 12:22
Jefferies has kept its 'buy' rating for pharmaceuticals group Shire saying that it still sees 'attractive growth', but was disappointed by the outcome of clinical trials for the company's major depressive disorder (MDD) treatment, Vyvanse. "We were more optimistic for expanded use of Vyvanse in maj
Read more