Diploma profit to beat forecasts
8th Jul 2010 15:03
Component distributor Diploma has bounced back from a two-week sell-off after claiming adjusted profit before tax should beat expectations. The company said the stronger trend in trading activity in most of its businesses has continued during the third quarter to 30 June. That means underlying rev
Read moreDiploma Sees 9 Month Adjusted Pretax Profit Above Views
8th Jul 2010 14:23
LONDON (Dow Jones)--Diploma PLC (DPLM.LN), an international group of businesses supplying specialized technical products and services, said Thursday the stronger trend in trading activity in most of the its market segments has continued during the third quarter ended June 30 and it now expects adjus
Read moreTuesday tips round-up: Lonmin, Braemar Shipping, Diploma
11th May 2010 06:54
The latest difficulties at its flagship smelter, adjacent to its Marikana platinum project in South Africa, have taken the shine off Lonmin's efforts elsewhere. Yesterday's results confirm that the operational improvements in underground mining pushed through 18 months ago are taking effect, but a
Read moreBroker tips: Informa, Diploma, London & Stamford
10th May 2010 13:58
Panmure Gordon has been doing some stock screening on media stocks and the results have thrown up business publisher Informa as an interesting value opportunity. "At the margin, we believe it is also relevant to highlight the recent Pearson/IDC transaction," where the implied exit multiple is aroun
Read moreBroker snap: Good interims from Diploma
10th May 2010 13:24
Interim results from component distributor Diploma got the thumbs up from Singer Capital Markets, which has retained its 'buy' rating on the shares. Revenue from the Life Sciences division, which accounts for 31% of sales, rose 10% (3% underlying) to £26.9m, while the division's operating margins
Read moreDiploma profits 'significantly ahead' of last year
29th Mar 2010 07:48
Component distributor Diploma's key markets have stabilised and underlying profits in the half year to March will be 'significantly ahead of the comparable period last year'. The group added there are now signs of an underlying increase in trading activity across most market segments. As a result,
Read moreCommunisis chairman buys
26th Feb 2010 16:49
Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreDiploma makes solid start
13th Jan 2010 08:11
Component distributor Diploma reports a 'solid start' to the new financial year, adding there is further evidence that key markets have stabilised. Revenues in the first quarter were 7% ahead of the comparable period last year and operating margins continued to benefit from cost reductions impleme
Read moreTuesday tips round-up: Lonmin, Cranswick, Amlin
17th Nov 2009 06:39
Away from the Xstrata situation, there is little reason to get excited about Lonmin. The group suffered as platinum prices fell last year, and even as demand for the metal has improved, the strength of the rand in South Africa, where Lonmin has its operations, has not helped. The platinum miner sa
Read moreSunday tips round-up: James Fisher, Diploma, Prudential
16th Aug 2009 14:26
James Fisher is a well-run company with significant technical expertise operating in high-margin specialties. Shares in James Fisher are a buy for their secure niche revenues and cyclical upside when markets improve, says the Sunday Telegraph. Questor advised making a purchase in Diploma in The Sun
Read moreSunday tips round-up: Diploma, SABMiller, Hays
12th Jul 2009 12:53
Distributor Diploma shares are trading on a September 2009 earnings multiple of 8.9 times, which does not look too demanding, and they are yielding 5.8%, which is pretty impressive. The strength of the group's balance sheet means that this looks pretty secure and the company is well placed to snap
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