Advanced Power overstated inventories
14th Oct 2010 12:04
Shares in Advanced Power Components fell back after the supplier of niche electronic components said it found that an error resulted in a £261,000 overstatement of inventories in its 2009 accounts. It said it will include the restated comparative information when it releases its results for the yea
Read moreHardy boss adds to holding
6th Aug 2010 16:40
Hardy Underwriting chief executive Barbara Merry has bought shares following the insurer's interim figures. Merry bought 11,500 shares at 229.4p each just over four months since she sold 25,260 shares at 290p each. Merry owns 585,189 shares. Underwriting director Adrian Walker and non-exec Allan
Read moreAdvanced Power Raises GBP66,268 Through Share Issue
1st Jul 2010 07:58
LONDON (Dow Jones)--Advanced Power Components PLC (APC.LN), a UK specialist distributor and manufacturers' representative of electronic components, said Thursday IT has issued 437,420 new ordinary shares of 2p each to Mr and Mrs S Fish at a subscription price of 15.15p per Share, raising proceeds GB
Read moreAdvanced Power returns to profit
10th May 2010 10:01
Advanced Power Components (APC), a supplier of specialist electronic components, moved into profit in the six months to 28 February as cost-cutting measures paid off. The company which makes a variety of niche components for sectors such as defence and aerospace, said pre-tax profits totalled £42,0
Read moreSmall caps round-up: DM, China Goldmines, Management Consulting ...
8th Mar 2010 08:12
Scratch card and direct marketing firm DM posted record turnover and higher profits in the year to December 31 as it integrated two acquisitions. Turnover climbed by 40% from the previous year to £25.59m, while profit after tax 11% to £3.48m. 'Our strategy of making acquisitions, on favourable term
Read moreAPC falls into losses
17th Dec 2009 08:51
Advanced Power Components (APC) posted losses in line with expectations in the year to 31 August as the distributor of electronic components for niche markets felt the impact of tough economic conditions and faced reorganisation costs. While revenues were up by 16% to £14.1m from £12.2m the previou
Read moreLondon close: Rally continues
21st Jul 2009 16:44
Footsie finished just shy of the 4,500 mark after another day of gains as the rally continues. Wm Morrison led the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation of its cost cutting pla
Read moreLondon afternoon: Advance gathers speed
21st Jul 2009 14:11
London kicked on over the lunchtime session, with risers outnumbering fallers by four to one among FTSE 100 constituents. Wm Morrison leads the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implement
Read moreLondon midday: Morrisons leads advance
21st Jul 2009 11:57
Retail stocks dominate proceedings in London following trading updates from Morrisons and Next. Wm Morrison leads the risers in the FTSE 100 after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation o
Read moreAPC expects £0.5m full year loss
21st Jul 2009 08:16
Shares in Advanced Power Components (APC) dropped after the electronic components group said it expects to report a pre-tax loss in the region of £500,000 in the full year ended 31 August. The group said the recent reorganisation of its business has resulted in a one-off charge being incurred that
Read moreSmall caps round-up: Advanced Power, Rockhopper, Omega Insurance...
22nd May 2009 09:09
Electronic components group Advanced Power Components (APC) announces the appointment of David Brown as interim finance director, replacing Rod Muir, with immediate effect. The group said it is at an early stage in the process of recruiting a new permanent finance director and a further announcemen
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