Blur Group reports further decline in cash-burn, eyes large Enterprise order, clients
8th Feb 2017 12:31
(ShareCast News) - Online B2B market place Blur Group reported a further slowing in its rate of cash-burn during the fourth quarter of 2016 as it brought on board the first subscriber to its Group buyer plan. Chief Philip Letts commented: "Blur's board and management team will remain focused on cost
Read moreSmall caps news round-up
3rd May 2016 15:21
(ShareCast News) - Blur Group has signed a two-year contract with an unnamed FTSE 250 multi-channel retail group, extending an existing relationship. The AIM-listed enterprise services platform and marketplace said the new contract will focus on the procurement of system and infrastructure monitorin
Read moreBlur Group secures contract extension with FTSE 250 retail group
3rd May 2016 09:53
(ShareCast News) - Blur Group has signed a two-year contract with an unnamed FTSE 250 multi-channel retail group, extending an existing relationship. The AIM-listed enterprise services platform and marketplace said the new contract will focus on the procurement of system and infrastructure monitorin
Read moreBlur Group talks up Q4 efficiency improvements
27th Jan 2016 11:58
(ShareCast News) - Blur Group was talking up its efficiency and cost improvements in its fourth quarter trading update on Wednesday, as it warmed up the market ahead of its full-year results. The AIM-traded company said it expected its 2015 revenue to be in line with market expectations,with EBITDA
Read moreblur Group appoints new non-exec director
15th Sep 2015 11:19
(ShareCast News) - Robert Michael Wirszycz has been appointed as non-executive director of blur Group, the enterprise services company said on Tuesday. Wirszycz, who has previously occupied the role of director general at CSSA and has served as chief executive at a number of tech firms, will step in
Read moreBlur Group buyers and seller numbers surge 31%
21st Jul 2015 14:19
(ShareCast News) - Blur Group, which has created an online platform for companies to buy and sell services, has seen numbers of active users increase by almost a third over the last six months. The AIM-listed company's shares surged as it announced that numbers of buyers and service providers at the
Read moreBlur revenues "substantially lower" as FRC probes accounts
10th Apr 2015 08:30
Blur Group, the provider of an online exchange where business can buy and sell services, has warned its revenues will be substantially worse than expected due to accounting issues that are being investigated by regulators. The Financial Reporting Council (FRC) is investigating the way in which AIM-l
Read moreBlur Group interim in line with market expectations
15th Jan 2015 13:11
E-commerce company Blur Group said it expects its full-year results to be in line with market forecasts. Blur announced in its report that it has enough cash resources to keep positive cash flow and profitability for the year ahead. It also revealed on Thursday a new $17m project with a new custome
Read moreSector movers: Software stocks rise as Sage results impress
3rd Dec 2014 14:40
Software and computer services stocks were the best performers in London on Wednesday as a well-received annual report from Sage gave the sector a boost. Sage, the FTSE 100 company which makes business software for accounting, payrolls and forecasting, saw shares rise 5% in afternoon trade as it rep
Read moreBlur Group blames deal delays for profit warning
19th Nov 2014 14:57
International e-commerce company Blur Group blamed contract delays for an annual profit warning, hitting its shares. The stock slid 12.5p or 17.1% to 60.5p at 15:24 in London after Blur said a small number of large projects would not begin until early next year, affecting 2014 revenue and profits.
Read moreBlur bullish as Tesco and Argos follow Amazon onto platform
21st Oct 2014 14:39
E-commerce company Blur said it continued to attract new blue chip clients as it moves to the final months of the year. The group said Argos and Tesco kicked off services projects via the blur 4.0 platform, following other companies such as Danone, Amazon, Sabre and Regus. It also revealed a $0.5m
Read moreBlur lifts FY profits and raises 22m dollars
23rd May 2014 17:23
Business services group Blur posted higher revenue and profit but announced a 22m pounds fund-raising, knocking its shares lower. Blur said gross profit rose 58.9% to $1.16m on a 70.1% increase in revenue to $4.78m in the year to December 31st. The group said it had conditionally raised about $20m
Read moreUK Mail Chief celebrates results with share purchase
23rd May 2014 16:01
The Chief Executive Officer of UK Mail this week celebrated a strong set of results by the mail and parcel courier with the purchase of 75,000 pounds-worth of shares. Guy Buswell bought 12,195 shares at 615p each, taking his stake in the group to 267,807. UK Mail's parcel business, which makes u
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreBlur Group's shares plunge on 2013 revenue warning
17th Apr 2014 11:20
Blur Group's shares plunged after warning that revenue from some projects in 2013 would not be recognised until 2014 and 'beyond'. Revenue will, therefore, be lower than previously expected for the 2013 financial year, the tech group said in a trading update on Thursday. The company predicts reven
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