Canada's WSP to buy Sweett Group for £24m
25th May 2016 13:36
(ShareCast News) - AIM-listed Sweett Group, which provides professional services for the construction and management of building and infrastructure projects, has agreed to be bought by Canada's WSP Global Inc for around £24m. The offer represents a premium of approximately 52.2% to Sweett's closing
Read moreSweett disputes sale discount for Asia businesses
8th Mar 2016 16:45
(ShareCast News) - AIM-listed Sweett Group has disputed the payment it is to receive for the sale of its Asia Pacific and India businesses. Sweett, a provider of professional services for the construction and management of building and infrastructure projects, agreed the sale of the business in Octo
Read moreSweett Group CFO to step down
4th Mar 2016 15:57
(ShareCast News) - Sweett Group has confirmed its chief financial officer Patrick Sinclair will be stepping down. In a statement on Friday, the AIM-listed independent business provider of professional services for construction and infrastructure projects said Sinclair would be stepping down from the
Read moreSweett Group to exit Middle East altogether
1st Feb 2016 16:29
(ShareCast News) - Sweett Group continued on its path towards profitability on Monday, resolving to close its Middle East operations and exit the region altogether. The AIM-quoted construction consulting company had previously announced on 2 December 2015 that it had decided to exit the Middle East
Read moreSweett Group posts wider interim loss as it admits to bribery
2nd Dec 2015 11:00
(ShareCast News) - Infrastructure and project management company Sweett Group said it has admitted to an offence under the UK Bribery Act for which it expects to pay a fine, as it posted a wider pre-tax loss for the first half. The Serious Fraud Office launched an investigation last year into allega
Read moreSweett Group sells Asia Pacific and India businesses for GBP9.3m
21st Oct 2015 11:08
(ShareCast News) - Sweett Group, a provider of professional services for the construction and management of building and infrastructure projects, has sold its Asia Pacific and India businesses for £9.3m in cash. The company said the sale was in line with its strategic goals to improve profitability
Read moreGroup of Sweett Group's directors buy shares
27th Apr 2015 15:44
A number of directors in Sweett Group bought same shares in the company one week after it posted a trading update where it said it has been a difficult time to the company. John Dodds the non-executive chairman, purchased 100,000 shares for 24.05p each in the infrastructure and professional services
Read moreSweett Group jumps on new Network Rail deal
10th Apr 2015 10:59
Shares in Sweett Group jumped almost 10% on Friday after the infrastructure and professional services provider said it had secured a new four-year contract with Network Rail. The London-listed company confirmed it had been re-appointed to provide to provide commercial management and estimating servi
Read moreSweett Group hit by mixed overseas trading
2nd Dec 2014 15:03
Property and construction consultancy Sweett Group reported lower profits as mixed overseas trading spoilt a UK recovery, hitting its shares. Sweett, which is facing a Serious Fraud Office probe into allegations made in The Wall Street Journal, said its group order book stood at £111m against £101m
Read moreFriday broker round-up UPDATE
7th Nov 2014 09:44
AstraZeneca: Deutsche Bank increases target price from 4100p to 4350p and reiterates its hold recommendation. AVEVA: Societe Generale reduces target price from 2250p to 2000p, while keeping its buy recommendation. Big Yellow Group: Citi raises target price from 470p to 540p and maintains its neutra
Read moreThursday broker round-up UPDATE
6th Nov 2014 10:01
Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ
Read moreLiontrust CEO offloads a further £1.15m of shares
8th Aug 2014 15:48
The chief executive of Liontrust, John Ions, made nearly £1.2m from offloading shares in the asset management firm, the company revealed on Friday. Ions, who joined Liontrust's board in May 2010, sold 500,000 shares at 230p a pop, making £1.15m. This follows the exercise of share options and subse
Read moreTuesday broker round-up UPDATE
29th Jul 2014 09:37
Abderdeen Asset Management: Berenberg cuts target price from 530p to 510p and maintains a buy recommendation. African Barrick Gold: Numis takes target price from 260p to 330p upgrading from hold to buy. Anglo American: Deutsche Bank increases target price from 1590p to 1650p and reiterates a hold
Read moreWednesday broker round-up UPDATE
2nd Jul 2014 09:38
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreSweett Group upbeat as property market continues to blossom
1st Jul 2014 09:49
- Annual earnings improve amid powerful recovery in UK market - Order book at record levels - Optimistic about future opportunities Property and infrastructure consultancy Sweett Group improved full-year earnings as it gained market share in a recovering market. Profit before tax climbed to £2.8m
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