Brady agrees 10p a share takeover by Hanover Active Equity Fund
15th Oct 2019 12:33
(Sharecast News) - Shares of software technology company Brady surged on Tuesday after it agreed to be bought by Hanover Bidco, an investment vehicle owned by Hanover Active Equity Fund II, in an £8.3m deal.
Read moreBrady earnings impacted by lower-than-expected revenues
21st Aug 2019 08:30
(Sharecast News) - Risk management software provider Brady said on Wednesday that it now expects full-year underlying earnings to come in lower than previously forecast due to a drop in revenues.
Read moreBrady swings to profit, upbeat about 2019
25th Mar 2019 12:18
(Sharecast News) - Risk management software provider Brady said on Monday that it swung to a profit last year as revenue edged up and costs declined.
Read moreBrady earnings soar despite falling revenues
29th Jan 2019 08:52
(Sharecast News) - Risk management software provider Brady expects full-year revenues and EBITDA be "broadly in line" with consensus market expectations.
Read moreBrady taps Carmen Carey as new CEO
19th Dec 2018 08:30
(Sharecast News) - Risk management solutions outfit Brady has tapped Carmen Carey to take over as its new chief executive officer and pick up some of the duties currently handled by executive chairman Ian Jenks.
Read moreBrady confident of hitting full-year expectations
10th Sep 2018 11:08
(Sharecast News) - Trading, risk management and settlement solutions provider Brady issued its unaudited interim results for the six months to 30 June on Monday, reporting a slight decrease in revenue to £10.54m from £10.66m in the same period last year.
Read moreBrady's revenue rises despite difficult commodity market conditions
12th Sep 2016 13:46
(ShareCast News) - Trading and risk management provider for metals, recycling, energy and soft commodities Brady reported a rise in revenues despite difficult market conditions. For the six months ended 30 June, revenues increased 5% to £14.8m in comparison to the same period last year, and recurrin
Read moreBrady says full-year to be in line with market forecasts
18th Jan 2016 13:50
(ShareCast News) - Brady's shares gained on Monday after the software company said in a trading update that full-year results are expected to be in line with market forecasts. The company, which provides trading and risk management software to commodity and energy sectors, reported that it had secur
Read moreBrady bombs following after-hours profit warning
1st Dec 2015 08:13
(ShareCast News) - Shares in Brady tanked on Tuesday morning after the commodity trading software company warned sales and profits would be materially below expectation after its markets went from bad to worse, with a major deterioration in trading conditions. Brady said the conversion of several
Read moreBrady remains confident despite swinging to interim loss
7th Sep 2015 13:58
(ShareCast News) - Trading and risk management provider Brady swung to an interim loss, on the back of licence delays and currency headwinds. The London-listed group posted a £363,000 loss for the six months to the end of June, compared with a £1.5 pre-tax profit in the corresponding period in 2014,
Read moreBrady bumped on sales slowdown but says on track for full year
20th Jul 2015 12:03
(ShareCast News) - Commodity and energy trading software specialist Brady said it remained on track to deliver full-year results in line with market expectations, despite a slowdown in first-half revenues. In the half-year to 30 June, Brady signed a major deal with one of the world's largest commodi
Read moreBrady secures new contract with unnamed multi-asset trading house
24th Jun 2015 08:24
Brady has secured a deal providing global trading and risk management operations in the physical derivatives business of an unnamed multi-asset global trading house. Brady, which serves companies in the energy, commodities and recycling sectors, will support the new client's refined metals and conce
Read moreBrady annual pre-tax profit rises on higher revenue
16th Mar 2015 10:44
Higher revenue and lower expenses saw risk management and settlement services group Brady post an increase in its annual pre-tax profit. The group said its annual operating profit after exceptional costs rose 22.2% to £1.03m, despite the group reporting a £2.1m goodwill charge on the consolidation o
Read moreTT Electronics finance chief sells stock
1st Apr 2014 13:09
The wife of TT Electronics Finance Director Shatish Desani sold down some of the pair's stake on Tuesday with the shares just off a seven-year high. The Desanis sold £319,500 of a stake under Mrs Desani's name at 213p, to leave the couple with a holding of 0.33%. Desani joined in 2008 when the sh
Read moreBrady declines on 2013 earnings outlook
23rd Jan 2014 11:54
Commodity, energy and recycling software provider Brady slumped on Thursday morning after warning 2013 earnings would fall below the previous year's level. The group said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) would total £3.6m, down from £5.64m in 2012. "
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