Carclo sees significant first-half write-down
10th Oct 2014 08:24
Technical plastics group Carclo forecast a significant half-year write-down in its circuit board business, hitting its shares. Carclo said CIT, which makes printed flexible circuit boards used in the consumer electronics, automotive, health, defence and aerospace and energy industries, had faced
Read moreCarclo shares rise 12% thanks to partner product revenue
7th Aug 2014 14:43
Carclo shares rose on Thursday, as its US partner Atmel confirmed revenue from its XSense touchscreens sensors were higher than the prior year and the preceding quarter. XSense sensors utilise Carclo's Conductive Inkjet Technology and Atmel confirmed the product saw its sales increase in the quart
Read moreCarclo directors top up after posting jump in profit
18th Jun 2014 15:50
The Chief Executive (CEO) and Chief Financial Officer of plastics firm Carclo have purchased a combined 64,273 shares in the group following the publication of its results a week earlier. CEO Christopher Malley has purchased 23,773 shares at 114.29p for a total cost of £27,170. CFO Robert Brooks
Read moreCarclo tumbles as Touch business faces tough competition
1st May 2014 14:09
Shares collapsed in technical plastics group Carclo after it reported increasing competition and pricing pressures for its touch-screen business. The FTSE Smallcap company reiterated that the market for touch sensors was proving to be more competitive than was initially expected and that selling p
Read moreCarclo trading in line with company expectations
7th Apr 2014 07:44
- Trading in line with company expectations - Strong performance at Conductive Inkjet Technology - Confident of delivering its growth strategy Technical plastics manufacturer Carclo said it has traded in line with company expectations for the financial year ended March 31st 2014 as it continues wit
Read moreCarclo sinks on profit warning
22nd Jan 2014 12:31
Carclo shares lost a third of their value on Wednesday morning after the group said lower than expected sales in its Conductive Inkjet Technology (CIT) business would reduce the forecast profitability in the second half. Ramp-up in production on certain CIT programmes was slower than anticipated,
Read moreCarclo expects 'much stronger' H2 after solid H1
19th Nov 2013 14:37
Technical plastics manufacturer Carclo delivered revenue growth at three of its four divisions in the first half and said it expected even better in the second due to new business and usual seasonality. The group's smallest unit, Conductive Inkjet Technology (CIT), grew sales 414% to £1.4m as it ma
Read moreHiscox and Restaurant Group CEOs sell up
27th Sep 2013 16:11
Chief Executive at Hiscox, Bronek Masojada, has sold 10,000 shares at 650.50p a piece in the insurance provider. The sale generated £65,050 for Masojada, who joined the company in 1993. For the first half of the year the group posted a pre-tax profit of £180.7m (2012: £125.8m), helped by low ex
Read moreCarclo FD sells portion of bonus to cover tax
15th Jul 2013 15:37
The Finance Director of technical plastics products supplier Carclo made 57,077 pounds from the sale of a portion of shares received under the firm's bonus programme. Half of the shares conditionally awarded to Robert Brooksbank in July 2010 under the Performance Share Plan 2007 vested last week. T
Read moreCarclo tumbles as revenue shrinks
11th Jun 2013 10:43
Shares of technology-led plastics group Carclo fell after it reported a drop in full year revenue following the previous year's withdrawal from its volume automotive antenna business at Wipac. Revenue fell by 7.2% to £86.5m for the year ended March 31st 2013 while divisional operating profit declin
Read moreSunday share tips: Rio Tinto, Greencoat, Carclo
17th Feb 2013 15:54
Rio Tinto posted its first ever full-year loss of 2.6bn pounds (1.7bn pounds) after writing down 14.4bn dollars of its assets following an M&A spree. The charges were mostly in its aluminium and energy businesses. However, stripping those out profits were better than expected, as was the 15 per cent
Read moreCarclo reports weakened demand from customers in December; shares fall
7th Feb 2013 09:31
Technology-led plastics group Carclo has reported that demand from some of its customers weakened in December and was slow to recover in January, according to an interim management statement issued on Thursday morning. The group's Technical Plastics division experienced the lower demand from some c
Read moreSector movers: Chemicals stocks make gains
7th Dec 2012 15:55
Chemicals stocks were among the best performers on Friday afternoon with AZ Electronic Materials continuing its impressive year-to-date rise after announcing the completion of refinancing. The company, which specialises chemicals and materials used in circuits, devices, flat panel displays, LEDs an
Read moreWednesday broker round-up UPDATE
21st Nov 2012 07:10
Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.
Read moreCarclo eyes stronger second half
20th Nov 2012 07:51
Plastics business Carclo said it continued to trade in line with company expectations during the first half and expects to generate a stronger second half performance. Pre-tax profit for six months ended September 30th came in at £1.9m versus £1.3m the year before. Revenue fell to £40m compared to
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