Berenberg impressed by "exceptional" dealmaking at Diploma
28th Mar 2024 09:16
(Sharecast News) - Berenberg has hiked its target price for controls, seals and life sciences equipment firm Diploma by 16%, saying there is "a lot to like" about this week's acquisition of US-based specialty fasteners business Peerless.
Read moreDiploma buys US fastener maker Peerless for £236m
27th Mar 2024 07:10
(Sharecast News) - Diploma said it had bought Peerless Aerospace Fastener, a distributor of specialty fasteners into the US and European aerospace markets for £236m.
Read moreDiploma makes strong start as Q1 revenues rise 10%
17th Jan 2024 07:34
(Sharecast News) - Distribution group Diploma has hailed a "strong start" to its financial year as recent acquisitions helped revenues rise by a tenth.
Read moreDirector dealings: Diploma CFO makes share purchase
18th Dec 2023 14:40
(Sharecast News) - Diploma revealed on Monday that chief financial officer Chris Davies had acquired 3,824 ordinary shares on the FTSE 100-listed technical products and services business.
Read moreBerenberg remains 'enthused' by Diploma, hikes target price
21st Nov 2023 11:26
(Sharecast News) - Analysts at Berenberg hiked their target price on technical products and services supplier Diploma from 3,500.0p to 3,800.0p on Tuesday, stating the firm's recent full-year results offered "much to be enthused about".
Read moreLondon close: Stocks mixed ahead of Autumn Statement
20th Nov 2023 14:59
(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.
Read moreDiploma confident with forward guidance as annual profits jump
20th Nov 2023 07:34
(Sharecast News) - Industrial supplier Diploma expressed its confidence in current-year forecasts after a solid set of annual results, with adjusted operating profits growing by a quarter.
Read moreDiploma buys DICSA for £170m; Sees trading in line
13th Jul 2023 07:30
(Sharecast News) - Diploma shares soared on Thursday as the company said revenues had risen 9% in the first nine months of the year and bought DICSA, a Spain-based distributor of fluid power solutions for £170m.
Read moreDiploma posts 30% jump in 1H sales, raises guidance
15th May 2023 07:39
(Sharecast News) - Diploma posted a strong set of results for the first half of its financial year and upped its guidance.
Read moreDiploma raises more than £235m for its acquisition strategy
17th Mar 2023 07:24
(Sharecast News) - Technical products and services specialist Diploma announced the successful pricing of a non-pre-emptive placing of new shares on Friday, raising more than £235m to help fund its acquisition pipeline.
Read moreDiploma delivers 'strong' Q1 trading performance
18th Jan 2023 09:42
(Sharecast News) - Technical products and services firm Diploma said on Wednesday that its first-quarter trading performance had been "strong", in line with its full-year expectations.
Read moreDiploma delivers FY revenue and profit growth
21st Nov 2022 08:40
(Sharecast News) - Technical products and services group Diploma delivered a "very strong" set of full-year results on Monday, with both revenue and profits improving year-on-year.
Read moreNational Express CFO stands down to take up job Diploma
10th Aug 2022 07:52
(Sharecast News) - Public transport operator National Express revealed on Wednesday that chief financial officer Chris Davies will stand down from the role to take up a job at industrial supplies company Diploma.
Read moreDiploma delivers 'strong' Q3 performance, reiterates FY guidance
21st Jul 2022 10:41
(Sharecast News) - Technical products and services group Diploma said on Thursday that it has delivered a "strong" third-quarter performance, leaving the company confident in meeting its full-year guidance.
Read moreRBC Capital Markets upgrades Diploma to 'sector perform'
17th May 2022 08:44
(Sharecast News) - Analysts at RBC Capital Markets downgraded upgraded industrial supplies company Diploma from 'underperform' to 'sector perform' on Tuesday, stating the stock's valuation was now "less stretched".
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