Carclo H2 profits seen 'materially lower' as customer cancels supply contract
15th Dec 2022 08:08
(Sharecast News) - Engineered solutions group Carclo warned on Thursday that a new customer supply contract has been cancelled, with the likely financial impact on its full-year results still "being quantified".
Read moreCarclo interim CEO Collins quits
5th Oct 2020 09:06
(Sharecast News) - Carclo's interim chief executive Antony Collins has left the company after guiding it through a restructuring.
Read moreCarclo disposes of Wipac Czech unit
20th Nov 2019 09:57
(Sharecast News) - Injection moulded plastic parts manufacturer Carclo disposed of its Wipac Czech unit to Magna Automotive on Wednesday for a total of €1.1m.
Read moreWednesday broker round-up
17th Apr 2019 13:32
(Sharecast News) - ConvaTec: Barclays upgrades to equal weight with a target price of 130p.
Read moreDirector dealings: Outgoing Carclo CEO lowers stake
6th Feb 2019 16:03
(Sharecast News) - Outgoing Carclo chief executive Chris Malley disposed of 100,000 ordinary shares in the technical plastics supplier on Wednesday.
Read moreDirector dealings: Outgoing Carclo CEO lowers stake
6th Feb 2019 16:03
(Sharecast News) - Outgoing Carclo chief executive Chris Malley disposed of 100,000 ordinary shares in the technical plastics supplier on Wednesday.
Read moreCarclo plummets as LED division drags results below expectations
11th Jan 2019 09:43
(Sharecast News) - Carclo's shares nosedived on Friday after it warned that its full-year results look set to fall "significantly" short of expectations after difficulties in its LED technology division, Wipac.
Read moreCarclo falls short of management's expectations in the first half
12th Oct 2018 10:59
(Sharecast News) - Carclo told investors on Friday that trading throughout the first half of the year was "below the board's expectations" as its technical plastics unit underperformed throughout the period.
Read moreWednesday broker round-up
31st Aug 2016 16:34
(ShareCast News) - Halma: Jefferies reiterates buy with a target price of 1210p. G4S: UBS maintains buy with a 260p target. Bunzl: Barclays reiterates equal-weight with a 2450p target. Carclo: Finncap reiterates hold with a 150p target. Associated British Foods: Berenberg downgrades to hold with
Read moreCarclo unlikely to pay dividend after yield slump wipes out reserves
31st Aug 2016 08:56
(ShareCast News) - While business remains in line with expectations, Carclo warned it is unlikely to be able to pay its dividend after the slump in corporate bond yields since the Brexit led to a "significant" increase in its pension deficit. At its June annual results Carclo, which has seen general
Read moreTuesday broker round-up
7th Jun 2016 16:27
(ShareCast News) - Countrywide: Jefferies reiterates buy with a target price of 600p. Coca-Cola Hbc: Credit Suisse keeps at neutral with a 1500p target. Weir Group: Canaccord upgrades to hold with a target price of 1200p. Johnson Matthey: Berenberg Bank keeps at neutral with a target of 2880p. Sa
Read moreCarclo to shutter diagnostics solutions division
16th May 2016 14:17
(ShareCast News) - Technical plastics firm Carclo announced its intention to shutter the Carclo Diagnostics Solutions division on Monday, after a brief review of the business's future prospects. As part of its year-end trading update on 12 April, the company's board revealed it had started discussio
Read moreSunday share tips: Persimmon, Vodafone, McBride, Telford Homes
3rd Jan 2016 14:47
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
Read moreCarclo swings to first half profit
17th Nov 2015 10:48
(ShareCast News) - Plastics company Carclo swung to a profit in the first half thanks to a good performance form its two main manufacturing divisions. For the six months to the end of September, pre-tax profit came in at £4.1m compared with a £21.2m loss in the same period last year, as revenue rose
Read moreTuesday broker round-up
18th Nov 2014 09:42
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
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