Carclo to trouser milestone payment
9th Oct 2012 08:20
The debt situation is looking a lot healthier at technology company Carclo after its recent share placing and the imminent triggering of a milestone payment. The group said it traded in line with expectations in the first half of its financial year and, as indicated in its August trading statement,
Read moreTwo City of London directors dispose of beneficial interests
6th Sep 2012 17:10
Two directors of emerging markets-focused investment group City of London disposed of beneficial interests they have in the company on Wednesday, just two days after the firm's full-year results revealed a large decline in funds under management (FuM). Non-executive director David Cardale and Finan
Read moreCarclo falls after smartphone order is put on hold
6th Sep 2012 09:57
Shares of technology-led plastics business Carclo plunged after it said an order for smartphone touch sensors has been put on hold pending the resolution of a product design issue. The group explained that at the time of its interim statement in August, its Cambridge based subsidiary Conductive Ink
Read moreCarclo on track for full year
16th Aug 2012 10:06
Plastics business Carclo has said it remains on track to deliver progress across all of its businesses. Technical Plastics has performed well following several new business awards, despite some signs of weakness in short term schedules relating to a small number of customers. The business is now p
Read moreCarclo CEO cuts stake by a third
12th Jul 2012 16:33
Ian Williamson, the Chief Executive of Carclo, a plastics business, has offloaded 230,000 shares, around a third of his total stake in the company. Williamson, who is set to retire after 18 years in the role, will pocket just short of a cool million from the transaction, which saw him sell the sha
Read moreCarclo appoints new Chief Executive and ups divi
12th Jun 2012 12:30
Plastics business Carclo has pleased its investors after increasing its dividend and unveiling Chris Malley as its new Chief Executive. Malley, who has been with Carclo for thirteen years, is replacing Ian Williamson, who will retire from the board in March of next year. Pre-tax profit came in a
Read moreCarclo trading in line with expectations
7th Oct 2011 14:00
Carclo has traded in line with expectations for the first half of the year, the Technology-led plastics business said in a trading update. The firm reported a "solid performance" in the current uncertain economic environment, but said that as previously indicated, a greater proportion of operating
Read moreCarclo continues to trade in line with expectations
12th Aug 2011 14:50
Trading remains firm at plastics business Carclo. "We remain confident of a further year of progress for the group as a whole," the company said in an update The technical plastics division "continues to benefit from growth in its medical diagnostic business and our newly established Indian opera
Read moreAnglo American finance boss sells again
29th Jun 2011 16:01
Anglo American's finance director Rene Medori has pocketed £450,000 from the sale of shares in the mining giant. He offloaded 15,000 at 3,000p a pop, in his second big sale of shares this month. On 7 June he sold the same amount at just over 3,000p a share. Today's sale leaves him with a beneficia
Read moreFull year at Carclo 'in line', debt higher
7th Apr 2011 13:08
Carclo shares were off the mark after the technology-led plastics firm revealed that debt at the end of the year will be higher than originally expected, as a result of increased investment in its 'Conductive Inkjet Technology'. Nevertheless, the group said that it traded in line with expectations
Read moreLondon close: FTSE 100 in late dive
9th Feb 2011 16:57
Shares finished firmly in the red after a sluggish day's trading that finished with a late dive in line with weakness in the US. Footsie was weighed down by a sharp fall in the price of International Power as the power generating company's shares trade today without the right to receive the recent
Read moreLondon afternoon: Downward drift continues
9th Feb 2011 14:02
The blue-chip index drifted lower still over the lunchtime session after a lacklustre morning session. Footsie is weighed down by a sharp fall in the price of International Power as the power generating company's shares trade today without the right to receive the recent 92p special dividend. Ci
Read moreCarclo's CIT unit to start production in second half
9th Feb 2011 08:28
Technology-led plastics business Carclo is trading broadly in line with the board's expectations. The Technical Plastics division operating profits for the full year are expected to be more than 10% up on the prior year. Growth in the medical and LED (light emitting display) optics businesses con
Read moreRobust first half at Carclo
23rd Nov 2010 09:10
Technical plastics group Carclo reported a robust first half in line with company forecasts and is confident the second half will build on this momentum. Pre-tax profit increased to £2.5m in the six months to 30 September from £1.7m the year before. Revenue increased to £43.8m from £41m a year befo
Read moreFY momentum continues at Carclo
4th Oct 2010 07:11
Technical plastics and engineering group Carclo said it remains on track for full year company expectations as sales momentum at its technical plastics business continued. "Our businesses are performing well, the group's financial position is strong and the Board remains confident in the outlook f
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