Adept Telecom buys Our IT Department, Brightvisions for up to £8.5m
3rd Feb 2017 08:23
(ShareCast News) - Adept Telecom, a provider of communications solutions, is to buy Our IT Department and its trading subsidiary Brightvisions, specialist providers of technology services for up to £8.5m and has taken out a £30m loan to part fund the acquisitions. The AIM-listed company said the acq
Read moreAdEPT Telecom boosts earnings with acquisitions
15th Nov 2016 09:58
(ShareCast News) - Independent telecommunications integrator and managed service provider AdEPT Telecom announced its unaudited results for the six months to 30 September on Tuesday, with total revenue increasing by 19% to £16.5m over the same period last year. The AIM-traded company's EBITDA increa
Read moreAdEPT Telecom signals impressive growth
5th Apr 2016 16:39
(ShareCast News) - AdEPT Telecom was looking at some impressive full-year results on Tuesday, indicating growth in earnings and a reduction in net debt in a trading update ahead of its final numbers. The AIM-traded provider of voice, data and unified telecommunications solutions said net borrowings
Read moreAdEPT Telecom surges as interim profit edges higher
10th Nov 2015 14:29
(ShareCast News) - Shares in AdEPT Telecom surged over 9% on Tuesday, after the provider of voice and data telecoms services said its interim pre-tax profit edged higher. In the six months to the end of September, the group posted pre-tax profit of £1.2m, a 9% year-on-year increase, as revenue jumpe
Read moreAdEPT Telecom deputy chairman Christopher Fishwick dies
25th Sep 2015 09:09
(ShareCast News) - AdEPT Telecom non-executive deputy chairman Christopher Fishwick has died unexpectedly, the company said on Friday. In a statement, AdEPT paid tribute to Fishwick, who had been a director of the company since 2009. AdEPT chairman Roger Wilson said he would be remembered for his f
Read moreTuesday broker round-up UPDATE
11th Nov 2014 09:55
AdEPT Telecom: WH Ireland moves target price from 170p to 185p, keeping its buy recommendation. Northland moves target price from 165p to 175p and maintains a buy recommendation. Betfair: JP Morgan raises target price from 1175p to 1350p and upgrades from neutral to overweight. BHP Billiton: JP Mor
Read moreAdept Telecom renews contract with biggest customer
4th Nov 2014 15:13
Communications group Adept Telecom has won a three-year contract extension worth about £2.2m from its largest customer. The group, which provides fixed line, mobile and data telecommunications, said it was the third time that the unidentified client had renewed their contract, extending the pair's r
Read moreAdEPT boss trims stake with £0.35m share sale
16th Jul 2014 15:27
The boss of telecoms group AdEPT offloaded nearly £0.35m of stock on Wednesday, just a week after the company reported better-than-expected annual results. Ian Fishwick, AdEPT's Chief Executive Officer who founded the company in 2003, sold 290,000 shares at 120p a piece. The firm explained that th
Read moreAdEPT Telecom buys Bluecherry, gives mixed trading update
8th Apr 2014 08:02
Voice and data telecommunications firm AdEPT Telecom has acquired the share capital of Bluecherry Telecom as it looks to expand its customer base. AdEPT labelled it as a "small, partly in-fill, acquisition" and said that the business customers of Bluecherry complement its portfolio as they are all
Read moreRPS exec reduces stake by nearly a quarter
5th Nov 2013 16:19
Energy and engineering consultant RPS Group said Tuesday that Executive Director, Phil Williams, had that day traded in 100,000 shares, reducing his stake to 318,439. Williams earned £289,500 from the sale, which comes just one week after the FTSE 250 company treated investors to a third quarter u
Read moreTwo AGA execs top up stakes as firm gives confident outlook
21st Aug 2013 16:21
Two board-members of upmarket cooker maker AGA Rangemaster topped up their stakes in the company on Wednesday, the same day the firm impressed the market with an upbeat outlook for the second half. Chief Executive Officer William McGrath bought 9,160 shares at a price of 108.73p each, spending a to
Read moreTuesday broker round-up UPDATE
9th Jul 2013 07:53
Adept Telecom: Northland Capital revises target price from 108p to 115p and maintains a buy recommendation. AG Barr: Panmure Gordon raises target price from 500p to 600p and retains a hold recommendation. Aquarius Platinum: Westhouse Securities shifts target price from 35p to 40p upgrading from se
Read moreTuesday broker round-up UPDATE
30th Apr 2013 08:20
Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigrou
Read moreAdEPT Telecom to pay maiden dividend
3rd Jul 2012 08:36
Shares of telecommunications services company AdEPT Telecom rallied after it recommended its first dividend payment and as it posted a 58 per cent surge in full year pre-tax profit. Pre-tax profit rose to £1.19m in the year ended March 31 from £752,000 the same time a year earlier. Revenue for the
Read moreAdEPT wins £2.5m voice over internet contract
11th Oct 2011 11:24
AdEPT Telecom, a voice and data solutions provider, has been awarded a three year voice over internet protocol (IP) contract worth an estimated revenue of £2.5m over the life of the contract. The contract for voice over IP, a group of technologies which are used for the delivery of voice communica
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