Chamberlin losses double amidst 'toughened' trading conditions
5th Feb 2019 08:33
(Sharecast News) - Castings and engineering firm Chamberlin warned investors on Tuesday that toughened market conditions had offset much of the benefits from the disposal of Exidor in its last trading year.
Read moreChamberlin narrows losses as turbocharger demand increases
24th Dec 2018 11:28
(Sharecast News) - Foundry operator Chamberlin saw losses narrow in the first half of its trading year as sales picked up following an increase in production volumes of turbocharger bearing housings.
Read moreChamberlin sells Exidor to ASSA ABLOY in £10m deal
20th Dec 2018 15:11
(Sharecast News) - Chamberlin has completed the sale of Exidor to ASSA ABLOY for a total enterprise value of £10m, it announced on Thursday, with the consideration to be paid in cash.
Read moreChamberlin remains positive despite closure of Leicester factory
21st Nov 2016 11:21
(ShareCast News) - Engineer Chamberlin said the trading outlook remains positive despite a closure of a factory, as it has invested in new machinery, there is growth in the ironmongery and lighting businesses, and it expects to benefit from the weak pound. Trading in the first half of the year has b
Read moreThursday broker round-up UPDATE
31st Jul 2014 09:30
Afren: Oriel places both target price and recommendation under review. Canaccord Genuity places both its target price (prev.: 150p) and its hold recommendation under review. Investec places its target price (prev.: 195p) under review and downgrades from buy to hold. Arbuthnot: Numis ups target pric
Read moreChamberlin crumbles on further profit warning
15th Oct 2013 11:12
A profit warning from foundry and engineering group Chamberlin sent the shares clattering down 13 per cent. The new management team appointed at the AIM-listed company in September said the current year was likely to produce a loss before tax. In July Chamberlin had guided towards full-year profit
Read moreInt'l Personal Finance FD sells shares
13th Aug 2013 16:22
David Broadbent, the Finance Director of home credit firm International Personal Finance (IPF), has sold a small stake in the firm after exercising options. Broadbent, who has been in his position since 2007, exercised a total of 65,575 share options under the company's share option plan and perfor
Read moreProfit warning sends Chamberlin shares tumbling
18th Jul 2013 08:41
Shares in Chamberlin plummeted after the engineering and foundry group warned full year profits would be materially below expectations. It said the first half of the financial year had been "tough" especially at its foundries in Leicester and Scunthorpe after an expected recovery in demand in their
Read moreEngineering group Chamberlin advances on positive trading update
26th Apr 2013 13:02
Chamberlin, the AIM-listed specialist foundry and engineering group, expects to deliver pre-tax profits for the full year in line with current market expectations of approximately 1.3m pounds. In an update on trading for the financial year to March 31st, ahead of its financial results which are due
Read moreChamberlin warns on full year profit
28th Jan 2013 08:01
Shares of engineering firm Chamberlin sank after it warned pre-tax profits are expected to come in below current market forecasts for the full year as market conditions in several of is sectors softened materially. "At half year results, we reported that there were uncertainties to the general econ
Read moreChamberlin Chairman invests 75k
10th Dec 2012 16:25
Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%
Read moreSynergy CEO stocks up as Q1 growth limited by currency
27th Jul 2012 15:50
Dr Richard Steeves, the Chief Executive Officer of Synergy Health, a provider of outsourced sterilisation services, bought himself a round of shares on the same day the firm admitted headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. T
Read moreSmall caps round-up: Biome, Ceramic Fuel Cells, Chamerlin
12th Jul 2012 15:54
Technology group Biome has seen significant positive developments in the patent litigation cases currently being heard against its joint venture company, Biotec. The claims, which are being made by Italian company Novamont, are for infringement of the French and Italian designations of a number of N
Read moreBrokers queue up to praise Chamberlin
22nd May 2012 13:05
Engineering firm Chamberlin said revenue and earnings are now at higher levels than they were before the recession bit in the last decade. Exports drove revenue growth, with turnover up 14% to £45.5m in the year to March 31st from £39.8m the year before. That was a shade below the £46m expected by
Read moreTuesday broker round-up - UPDATE
22nd May 2012 09:26
Chamberlin: Charles Stanley maintains buy rating and 175p target. easyJet: Investec upgrades from hold to buy, target hiked from 500p to 670p. HomeServe: Charles Stanley cuts target from 290p to 250p, rating under review; Jefferies maintains underperform rating and 195p target. Inmarsat: UBS cut
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