Avesco's full year results to be ahead of expectations due to Olympics
1st Sep 2016 14:45
(ShareCast News) - Shares in corporate presentation, entertainment and broadcast service provider Avesco soared 15% on Thursday as it reported full year results will be well ahead of market expectations. The AIM-listed company said its summer trading had been strong, particularly the creative techno
Read moreAvesco puts sheen on results with Fountain Studio sale
12th Jan 2016 15:16
(ShareCast News) - Full year profits hit record levels at AIM-listed Avesco, while the events, television and broadcast equipment and services group also announced a £16m property disposal to transform its balance sheet. The offloading of the land and buildings at Fountain Studios in Wembley to Quin
Read moreAvesco shares jump as profits hit 14-year high
11th Jun 2015 09:20
Avesco Group, a provider of services to the live events, broadcasting and entertainment markets, saw its shares jump by nearly a third on Thursday after swinging into profits during the first half. The group said its half-year results exceeded its expectations, with revenues rising slightly by 1% to
Read moreAvesco narrows losses after restructuring
15th Jan 2015 10:17
Solid performances across its divisions after last year's restructuring saw Avesco Group, a provider of services to the live events, broadcasting and entertainment markets, narrow its losses. Full year loss before tax was slashed to £430,000 from £9.88m last year, while operating profit swung to £0.
Read moreShire CFO sells shares ahead of departure
17th Feb 2014 15:58
Shire's soon-to-depart Chief Financial Officer, Graham Hetherington, sold 2.29m pounds-worth of shares in the pharmaceutical giant. Hetherington, who on Friday annonced his intention to step down at the beginning of March to spend more time with his family, exercised a stock appreciation right awa
Read moreSoon-to-retire Informa CEO sells up
11th Sep 2013 16:26
Informa's out-going Chief Executive, Peter Rigby, has reduced his stake by 285,372 shares ahead of his retirement from the B2B business information and publishing group later this year. The shares were sold at 532.42p each, pocketing the director £1.5m. Rigby announced his plans for retirement on
Read moreQuarterly results show slight revenue decline at Avesco
14th Mar 2013 10:51
AIM-listed corporate services provider Avesco Group has unveiled a 10 per cent reduction in revenue in its preliminary results for the three months ended December 31st compared to the corresponding period one year earlier. The group, which provides services to the professional presentation, enterta
Read moreAvesco Chairman adds to stake, while fellow directors sell
30th Jan 2013 16:16
Avesco, an AIM-listed corporate services provider, said Wednesday that its Chairman, Richard Murray, acquired 200,000 ordinary shares at 150p a go, as a number of his fellow board members opted to downsize their holdings in the group. Murray's transaction was by far the largest, costing him a tota
Read moreOperating profit up 196 per cent at Avesco following stellar year
10th Jan 2013 09:26
AIM-listed corporate services provider Avesco has posted strong annual results for the year ending September 30th, buoyed by significant Olympics-related turnover. The company, which supplies services to the corporate presentation, entertainment and broadcast markets disclosed that operating profit
Read moreAvesco falls after Disney appeals ruling
2nd Jan 2013 14:16
Corporate services provider Avesco saw its shares slide after the Walt Disney company said it would keep fighting a case over hidden profits. Avesco is waiting to see if it will finally profit from a multi-million pound case again Disney, brought by British production company Celador. Celador, the
Read moreCupid's Finance Director ditches shares post-exercise
24th Oct 2012 15:48
Mark Doughty, the Finance Director of Cupid, the internet-based dating operator, pocketed a significant sum of money on Tuesday after trading in 610,228 shares. The sale follows Doughty's decision to exercise share options over 600,000 ordinary shares. The shares were sold at 202.08p, earning hi
Read moreCLS Executive Chairman sells by tender 368,000 shares
2nd Oct 2012 16:19
Sten Mortstedt, the Executive Chairman of CLS Holdings, a property investment company, has sold by tender 368,371 shares in the company on behalf of himself and his family. The shares were tendered for up to and including the pro rata entitlement of one ordinary share for every 76 ordinary shares
Read moreSoon-to-be-Chairman at Thorntons shows his support
14th Sep 2012 15:38
Paul Wilkinson, a Senior Independent Director of chocolate maker Thorntons, has put his money where his mouth is after the firm said full-year profit before tax and exceptional items fell sharply in the face of continued tough trading conditions. Wilkinson, who was this week unveiled as the company
Read moreAvesco third quarter leaves investors unimpressed
11th Sep 2012 11:16
Avesco Group, a provider of services to the corporate media markets, disappointed its investors after posting a decline in trading profit and earnings per share (EPS) for the three months ended June 30th. Trading profits fell from £2.9m to £2.1m year-on-year (y/y), although comparisons were negat
Read moreAvesco chipper after good first half
14th Jun 2012 14:18
Avesco Group, a provider of services to the corporate media markets, hailed a successful first half and said confidence at the firm was high for the year as a whole. The company reported revenues up 9% to £67.5m in the six months to the end of March. It jumped back into the black with a £1.04m pro
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