Bodycote announces another restructuring, shares slide

26th Nov 2020 09:25

(Sharecast News) - Bodycote shares slid on Thursday after the heat treatment and thermal processing company announced another restructuring and sounded a downbeat note on the outlook for the civil aerospace market.

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Bodycote permanently slashes costs amid Covid downturn

23rd Jul 2020 10:28

(Sharecast News) - Bodycote said on Thursday that its first half was "significantly impacted" by the Covid-19 downturn, reporting a 16.6% fall in revenue at constant currency to £306.7m.

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Thursday broker round-up

4th Jun 2020 14:03

(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.

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Bodycote cuts more than 700 jobs after revenue slumps

28th May 2020 07:39

(Sharecast News) - Bodycote is cutting more than 700 jobs and closing factories after underlying revenue fell by more than a third in April because of the Covid-19 shutdown.

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Bodycote defers dividend decision due to Covid-19

23rd Apr 2020 08:02

(Sharecast News) - Bodycote said on Thursday that it will defer a decision on its 2019 dividend until there is more clarity on the impact of the coronavirus pandemic.

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Bodycote Q1 not 'significantly' impacted by Covid-19; final divi under review

6th Apr 2020 07:44

(Sharecast News) - Bodycote said on Monday that first-quarter trading has not been "significantly" impacted by the Covid-19 pandemic but that its proposed final dividend is under review given current uncertainty.

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Bodycote could do well in 2021 recovery, JP Morgan says

25th Mar 2020 14:28

(Sharecast News) - Bodycote is in a position to do well in a recovery from the Covid-19 crisis, JP Morgan said as it upgraded the company's shares to 'neutral'.

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Bodycote profits down amid 'tough' market conditions

12th Mar 2020 08:47

(Sharecast News) - Bodycote reported a 1.2% fall in revenue in its full-year results on Thursday, to ?719.7m, or a 2% decline at constant currency.

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Thursday preview: ECB, Bodycote in focus

11th Mar 2020 16:23

(Sharecast News) - The focus on Thursday will shift to the European Central Bank, with rate-setters in Frankfurt expected to unveil increased funding for the single currency bloc's banks.

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Friday broker round-up

17th Jan 2020 13:24

(Sharecast News) - Filtrona: UBS downgrades to sell with a target price of 7,250p.

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Bodycote to acquire Ellison Surface Technologies in ?154m deal

24th Dec 2019 07:40

(Sharecast News) - Heat treatment and specialist thermal processing services company Bodycote has entered into an agreement to acquire Ellison Surface Technologies, it announced on Tuesday, in a bid to create one of the world's largest providers of thermal spray and engineered coating surface technology services to the aerospace industry.

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FTSE 250 movers: Aston Martin stalls, Tullow recovers

10th Dec 2019 14:08

(Sharecast News) - London's FTSE 250 was 0.60% lower at 20,796.68 in afternoon trade on Tuesday, with Aston Martin Lagonda leading the index downward.

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Tuesday broker round-up

10th Dec 2019 08:29

(Sharecast News) - ASOS: HSBC upgrades to buy with a target price of 3,615p.

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Bodycote revenue up 1% as automotive, industrial still weak

20th Nov 2019 08:06

(Sharecast News) - Heat processing firm Bodycote reported a better-than-expected 1% rise in revenue for the four months to October 31, despite continuing weaknesses in its automotive and general industrial sectors, as it reaffirmed its full-year outlook.

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Friday preview: US economic data, Bodycote in the spotlight

14th Nov 2019 16:48

(Sharecast News) - The focus at the week will be on a slew of top tier economic data releases in the States.

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