Aveva shareholders approve Schneider's £9.9bn takeover
25th Nov 2022 16:07
(Sharecast News) - Aveva shareholders have approved Schneider Electric's £9.86bn takeover of the software firm.
Read moreFrance's Schneider Electric sweetens offer for Aveva to £9.86bn
11th Nov 2022 13:31
(Sharecast News) - Schneider Electric has sweetened its takeover offer for London-listed software firm Aveva to around £9.86bn.
Read moreAveva confident despite slide in first-half revenues
8th Nov 2022 08:40
(Sharecast News) - Aveva reported a slide in interim sales and earnings on Tuesday, but said it expected revenues to grow and cost pressures to ease in the second half.
Read moreHalf-year revenues ease at Aveva
18th Oct 2022 08:17
(Sharecast News) - Aveva Group saw first-half revenues ease while costs ticked higher, the UK software developer said on Tuesday.
Read moreBerenberg downgrades Aveva to 'hold'
22nd Sep 2022 08:19
(Sharecast News) - Analysts at Berenberg downgraded software firm Aveva from 'buy' to 'hold' on Thursday as it noted Schneider's bid for the company will likely be accepted.
Read moreFrance's Schneider Electric to buy Aveva in £9.5bn deal
21st Sep 2022 07:29
(Sharecast News) - France's Schneider Electric said on Wednesday that it has agreed to buy London-listed software firm Aveva in a £9.5bn deal.
Read moreAveva close to agreement on £9bn Schneider buyout - report
13th Sep 2022 08:15
(Sharecast News) - Software company Aveva is reportedly closing in on a takeover agreement with French industrial group Schneider Electric worth about £9bn.
Read moreAveva says it would evaluate an offer from Aveva if received
24th Aug 2022 16:06
(Sharecast News) - Aveva recommended to its shareholders that they take no action following Schneider Electric's confirmation that it was mulling a possible bid for the shares that it did not already own.
Read moreSchneider Electric considering bid for Aveva, shares surge
24th Aug 2022 13:06
(Sharecast News) - Aveva surged on Wednesday after France's Schneider Electric said it was considering making a bid for the London-listed software company.
Read moreAveva ARR rises 11%, Q1 group revenues flat
28th Jul 2022 07:51
(Sharecast News) - Information technology consulting company Aveva said on Thursday that annualised recurring revenues had risen 11% in the twelve months ended 30 June, principally due to growth in the annualised value of subscription and cloud contracts.
Read moreAveva swings to FY loss despite 'solid' revenue growth
8th Jun 2022 07:01
(Sharecast News) - Information technology consultancy Aveva delivered "solid" full-year results on Wednesday, with annual recurring revenues up 10.2% at £768.7m and statutory group revenues up 44.5% year-on-year at £1.18bn.
Read moreWednesday preview: Global factory PMIs, Aveva in focus
31st May 2022 12:44
(Sharecast News) - Financial markets' focus in the middle of the week will be a on a raft of manufacturing sector Purchasing Managers' Indices due out from across most of the world's main economies, including those of China, the euro area, UK and US.
Read moreBerenberg lowers target price on Aveva
13th May 2022 10:34
(Sharecast News) - Analysts at Berenberg cut their target price on software firm Aveva from 3,550.0p to 2,800.0p on Friday but said they remained positive on the group's transition story.
Read moreAveva ends year in line, warns of slower growth going forward
27th Apr 2022 07:55
(Sharecast News) - Industrial software company Aveva Group warned of lower revenue growth and margins due to sanctions on Russia over its invasion of Ukraine and rising costs.
Read moreNumis lowers target price on Aveva
1st Mar 2022 12:54
(Sharecast News) - Analysts at Numis slashed their target price on software firm Aveva from 4,500.0p to 4,000.0p on Tuesday but said the ongoing shift towards subscription services would generally improve the quality of the firm going forward.
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