Sweett Group directors cheers full-year outlook
16th Apr 2014 15:59
A number of Sweett Group board members on Tuesday added to their company holdings following an upbeat trading update from the property and infrastructure consultancy. Non-Executive Chairman Michael Henderson acquired 25,000 shares for a total spend of £10,125, while the wife of Chief Executive Off
Read moreSweett bribery investigation finds new evidence
2nd Apr 2014 08:24
A police investigation into alleged bribery by a former employee of quantity surveyor Sweett Group has found 'material instances of deception' at the company over a three-year period. The company has been working with the Serious Fraud Office (SFO) in the UK and the Department of Justice (DOJ) in
Read moreSweett bribery investigation finds no fault
8th Jan 2014 12:40
An investigation into bribery allegations has found no fault for quantity surveyor Sweett Group. The investigation, paid for by the group, was launched to examine allegations of bribery against a former employee in 2009 which had appeared in the Wall Street Journal on June 22th last year. "The in
Read moreSweett Group appoints new CFO
2nd Jan 2014 09:23
Sweett Group has appointed Patrick Sinclair as Chief Financial Officer (CFO), the construction and property consultancy announced on Thursday. Sinclair joined the company in October 2012 as Group Financial Controller and has previously worked as Head of Finance at Penna, Regional Director of Financ
Read moreSweett's speedy growth fails to impress
3rd Dec 2013 14:41
Property management company Sweett lifted pre-tax profits by three quarters in the first half of the year as it looked to diversify into new sectors and geographies. Profits before tax and exceptional items rose 66% to £3.5m on sales up 17% to £44.4m in the half-year to September 30th, with positi
Read moreTuesday broker round-up UPDATE
3rd Dec 2013 09:10
Arrow Global: Numis starts with a target price of 270p and an add rating. Antofagasta: UBS shaves target price from 870p to 845p, 'neutral' rating maintained. Aquarius Platinum: UBS cuts target price from 44p to 43p, 'neutral' rating kept. Ashtead Group: Citi raises target price from 750p to 800p
Read moreThursday broker round-up UPDATE
24th Oct 2013 09:25
Aquarius Platinum: Investec lowers target price from 48p to 42p and downgrades from hold to sell. ASOS: Citi increases target price from 5800p to 7000p reiterating its buy recommendation. BHP Billiton: Jefferies raises target price from 2350p to 2400p and keeps a buy recommendation. Clinigen: Inv
Read moreSweett Group shares rise 19 per cent after bullish update
30th Aug 2013 12:30
Shares in Sweett Group rose by nearly a fifth after the company said it expected full year results to beat expectations. The property and infrastructure consultant said that following its update in July the company had continued to perform strongly. It current order book stands at £102.5m up from
Read moreFriday broker round-up UPDATE
30th Aug 2013 09:27
Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw
Read moreTuesday broker round-up UPDATE
13th Aug 2013 07:45
Aviva: Nomura increases target price from 414p to 474p reiterating its buy recommendation. BBA Aviation: Jefferies raises target price from 290p to 345p and keeps a buy recommendation. Braemar Shipping Services: Westhouse Securities takes target price from 450p to 515p and retains a buy recommenda
Read moreTuesday broker round-up UPDATE
2nd Jul 2013 08:24
Amara Mining: Westhouse Securities raises target price from 60p to 90p and stays with its buy recommendation. Canaccord Genuity lowers target price from 50p to 40p maintaining its buy recommendation. Anite Group: Panmure Gordon shifts target price from 171p to 177p and reiterates a buy recommendati
Read moreAsia Pac business driving revenue rise at Sweett Group
22nd Apr 2013 13:40
Strong growth in business in Asia Pacific helped drive up revenue at international property and infrastructure consultancy Sweett Group. In a trading update published in advance of the publication of its preliminary results for the year ended March 31st 2013, the group reported that trading had bee
Read moreMonday broker round-up UPDATE
22nd Apr 2013 07:20
Admiral Group: Deutsche Bank takes target price from 1140p to 1300p retaining a hold recommendation. African Barrick Gold: Deutsche Bank ups target price from 173p to 180p staying with its hold recommendation. Albemarle & Bond: Canaccord Genuity reduces target price from 280p to 146p and downgrade
Read moreSweett Group appoints two directors
21st Jan 2013 11:15
Construction business Sweett Group announced Monday the appointment of two directors to strengthen its infrastructure consultancy team. Rajiv Sudan has been selected as the director for utility services and David Mitchell as the director for mining, oil and gas services. Sudan joins Sweett Gro
Read moreSweett Group returns to the black as revenue grows
23rd Nov 2012 10:06
Sweett Group, an international property and infrastructure consultancy, has delivered a modest rise in revenue, pushing the group back into profit for the half year ended September 30th. Sales climbed from £36.1m to £37.7m year-on-year, while a loss before tax of £0.2m turned to a profit of £1.6m.
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