Diploma group revenue up 16%
18th Jan 2012 07:43
Diploma, a specialised technical products and services provider, has reported group revenue 16% ahead of the comparable period last year, while group operating margins remained at similar levels to last year, for the period October 1st to date. On an underlying basis, after adjusting for currency
Read moreDiploma seals two deals
13th Dec 2011 15:55
Diploma, the specialised technical products and services provider, is to buy a US provider of rubber moulded and machined parts. Diploma is paying a maximum of £11.8m in cash for J Royal from the current owners, who will stay on to run the business in their current roles. The business will fit into
Read moreFTSE 250 Movers: Thomas Cook leads the way down... again
1st Dec 2011 15:36
Thomas Cook continued to worry investors although there didn't appear to be a new reason for it hitting the bottom spot. Earlier in the week Credit Suisse describe the terms of a new financing arrangement which Thomas Cook has put in place with its creditor banks as "positive", but cautioned that, "
Read moreLondon close: London falls for sixth successive day
21st Nov 2011 17:02
Stocks fell out of a bed with a bump this morning and then in the afternoon session rolled down the stairs all the way to the cellar, as US lawmakers reprised their tiresome wrangling over budget cuts, as previously seen back in July. NO PROGRESS IN CONGRESS With the clock ticking down towards a W
Read moreBroker snap: Singer reiterates buy on Diploma
21st Nov 2011 12:50
Research and diagnostics instruments distributor Diploma has today published what analysts at Singer Capital Markets have described as an impressive 26% rate of growth in its full year revenues (including acquisitions and FX). Simply put, they describe the firm as a "first class company" that has be
Read moreProfits jump at Diploma
21st Nov 2011 07:36
Diploma, the specialised technical products and services provider, has seen a 47% rise in pre-tax profit after revenues also soared during the full year ended 30 September. Revenue rose 26% from £183.5m to £230.6m as businesses benefitted from strong demand and a good contribution from acquisition
Read moreWeek Ahead: Diploma, Compass, central bank minutes
18th Nov 2011 10:33
Next week's batch of expected trading updates is light on FTSE 100 heavyweights and heavy on the second-liners. A number of utilities are due to declare, while there is also a boozy feel to the week with pub groups Enterprise Inns and Mitchells & Butlers going head to head on Tuesday, while London-f
Read moreWednesday tips round-up: Topps Tiles, Albemarle & Bond, Hammerson
28th Sep 2011 06:34
In the good times, Topps Tiles saw as much as a quarter of sales coming from people moving house and upgrading the kitchen and bathroom. Today, the proportion is well below 10%, so it relies on discretionary purchases by existing home owners. Topps shares have now fallen to a level where, after yest
Read moreDiploma profits to be at top end
27th Sep 2011 15:10
Diploma, the seals, fasteners and instrumentation provider, has continued to trade strongly across each of its sectors in the final quarter of its financial year, and expects full-year figures to be at the top end of expectations. Revenues for the year ending 30 September are expected to be around
Read moreCentamin Egypt boss buys again
22nd Sep 2011 14:30
The chairman of FTSE 250-listed gold miner Centamin Egypt Josef El-Raghy has doubled his personal stake in the company, taking more than £550,000 of shares. He took 500,000 at 110.9p a time and now has a personal holding of 1m shares. However, including "his connected persons" El-Raghy has 71.2m s
Read moreDiploma is back in the black
1st Aug 2011 13:28
Diploma, the specialised technical products and services provider, has moved back into the black after it saw strong underlying revenue and profit performance continue into the second half of the year. The company saw strong revenues for the nine months to 30 June 2011 which were 28% ahead of the
Read moreSunday tips round-up: SSE, Afren, Diploma, Chi-Med
22nd May 2011 12:14
Utilities are traditionally favourite choices of cautious investors looking for income, and Scottish and Southern Energy (SSE) is no exception. Questor in the Sunday Telegraph notes the current prospective yield is 5.8%, rising to 6.1% next year. The company aims to make a full-year dividend incre
Read moreWednesday tips round-up: Robert Wiseman, Avis Europe, Derwent London
18th May 2011 06:20
The imponderables for Robert Wiseman are whether the price of raw materials falls and how much more of the existing rises can be passed on to customers, after some degree of success in this in February. Assuming that nothing gets much worse, the dividend looks safe, which gives a yield of about 5.6
Read moreDiploma profits soar as recovery continues
17th May 2011 11:43
Diploma hailed the continuation of the economic recovery into 2011 as the specialised technical products and services provider posted a sharp rise in revenues and profits in the six months to 31 March. Pre-tax profits rose to £19.3m from £11.3m over the same period a year ago on revenues that rose
Read moreDiploma raises guidance
17th Mar 2011 16:08
Diploma was up by a sixth Thursday after the specialised technical products and services provider unleashed an upbeat trading update. The company said the strong growth in revenues and profits seen in the first quarter of its financial year carried on into the second, helped in part by contribution
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