WS Atkins trades well though Middle East remains shaky
8th Feb 2017 07:52
(ShareCast News) - Design, engineering and project management consultancy WS Atkins provided its third quarter trading update for the period from 1 October 2016 to date on Wednesday, saying it traded in line with expectations during the period with continued currency benefits as anticipated, and the
Read moreWS Atkins climbs despite silence over CH2M talk
30th Jan 2017 15:30
(ShareCast News) - Although its shares climbed steadily on Monday, engineer WS Atkins has refused to comment on reports that it has been approached by US peer CH2M Hill over a possible $4bn merger. The Times said privately owned CH2M, which has worked with the UK company on projects such as the T
Read moreAtkins to sell minority stake in M25 for £66m
12th Dec 2016 07:13
(ShareCast News) - Engineering firm WS Atkins has agreed to sell its minority investment in the M25 motorway to a consortium of institutional investors for £66.3m. The FTSE 250 company will sell its private finance initiative in the motorway to Edge Orbital Holdings, which is being advised by broker
Read moreBroker tips: European recruiters, Mitie, WS Atkins
21st Nov 2016 15:01
(ShareCast News) - HSBC upgraded staffing groups Page, Hays and SThree to 'buy' ratings as the sector is seen as a key beneficiary of impending inflation. Trading down at the low end of where they would expect to be in the cycle compared to industrial stocks, HSBC said recruiters are cheaper relativ
Read moreWS Atkins slumps on Liberum downgrade
21st Nov 2016 09:36
(ShareCast News) - WS Atkins was under the cosh on Monday as Liberum downgraded the stock to 'hold' from 'buy' and cut the price target to 1,600p from 1,720p after the company's first-half results last week. The brokerage said first-half fully diluted earnings per share were exactly in line, with 13
Read moreWS Atkins H1 statutory profit down, underlying profit up
17th Nov 2016 08:02
(ShareCast News) - FTSE 250 engineering consultancy WS Atkins reported a 14% rise in first-half underlying pre-tax profit but a drop in statutory profit, as it maintained its outlook for the year. In the six months to the end of September, underlying pre-tax profit rose to £63.6m from £55.8m on reve
Read moreFTSE 250 movers: JLT and Tullett jag lower, Evraz rides steel spike
8th Nov 2016 12:11
(ShareCast News) - The FTSE 250 was led moderately lower on Tuesday as most markets moved skittishly sideways ahead of a US election that is seen as having potentially widespread implications for the global economy. The expected boost to volatility from global markets was behind a rise of interde
Read moreBroker tips: United Utilities, Prudential, service sector
13th Oct 2016 13:50
(ShareCast News) - United Utilities got a boost on Thursday as Societe Generale upgraded the stock to 'buy' from 'hold', noting that recent share price weakness now implies a total shareholder return of 18%. The stock has underperformed the FTSE 100 by 11% since the 2 October Tory Party conference.
Read moreRBC Capital shifts ratings on business services sector stocks
13th Oct 2016 12:48
(ShareCast News) - RBC Capital Markets initiated coverage of several stocks and changed its recommendations as it took a look at the business services sector. The bank started Ashtead at 'outperform' with a 1,580p price target, saying it sees a robust US market, while the branch rollout and discipli
Read moreAtkins trading to expectations, though difficulties remain
29th Sep 2016 08:09
(ShareCast News) - Design, engineering and project management consulting company WS Atkins updated the market on its trading on Thursday, ahead of its half-year results for the six months to 30 September, which will be announced on 17 November. The FTSE 250 group's overall first half performance, in
Read moreWS Atkins Q1 trading in line, expresses confidence over full year
2nd Aug 2016 08:07
(ShareCast News) - Design, engineering and project management consultancy WS Atkins said it has traded in line with expectations through the first quarter and remains confident for the year ahead despite ongoing uncertainty in some of its markets. In a trading update for 1 April to date, Atkins said
Read moreWS Atkins produces positive final results
16th Jun 2016 07:52
(ShareCast News) - Design, engineering and project management consultancy WS Atkins reported a 6% rise in revenue in its final results on Thursday, to £1.86bn. The FTSE 250 firm posted underlying operating profit of £148.2m, up 10.5%, achieving its 8% margin target at the same time. Underlying prof
Read moreBroker tips: Cobham, Atkins, Inchcape
13th Apr 2016 13:30
(ShareCast News) - Aerospace and defence firm Cobham got a boost on Wednesday as Barclays upgraded the stock to 'overweight' from 'equalweight' in light of the recent performance. It noted the stock has significantly de-rated since a small profit warning in the third quarter and lacklustre full year
Read moreNumis leaves Atkins at 'buy' after trading update
13th Apr 2016 10:14
(ShareCast News) - Numis left WS Atkins at a 'buy' rating on Wednesday after the engineering company reported an in-line fourth quarter trading update. Atkins said it traded well through the fourth quarter and expects underlying results for the year to the end of March to be in line with views. The
Read moreWS Atkins to meet full year expectations
13th Apr 2016 07:57
(ShareCast News) - WS Atkins said it traded well through the fourth quarter and expects underlying results for the year to the end of March to be in line with views. The FTSE 250 engineering and project management consultancy said its UK and Europe business is expected to show good margin progress i
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