Driver Group speeds ahead
20th Feb 2012 07:59
Construction consultancy Driver Group said the positive trends seen in its full year results to September 2011 have continued into the second quarter of the current financial year. Driver said the benefits of restructuring and refocusing the Middle East business have come through stronger than mana
Read moreDriver returns to profit
18th Jan 2012 08:27
Shares in construction consultancy Driver stepped on the gas as it reported a return to profit, growth in revenue, and underlined its confidence in future trading with a proposed dividend of 0.5p per share for 2011. Given the trading environment in the last 12 months the group said its performance
Read moreLondon midday: Retail boost but miners suffer
20th Oct 2011 12:02
Retail stocks are on the offensive today, but with the Eurozone situation continuing to stoke fears over global growth, miners are dragging the top share index lower. Franco-German talks regarding the Eurozone rescue fund are not going on as smoothly as some had hoped. The unexpected meeting yeste
Read moreDriver in the fast lane as margins grow
20th Oct 2011 10:39
Trading in the year to 30 September has been better than expected, the construction consultancy Driver said. Turnover was in line with expectations and stronger margins resulted in underlying profit before tax that was "slightly" ahead of management's expectations, the company said. According to D
Read moreDriver returns to profit, shares jump
27th Apr 2011 13:44
Shares in construction consultancy Driver raced ahead after it reported a return to profitability in the three months to 31 March. "The improved performance was principally due to an upturn in the European region across each of the service streams," the company said. The return to profitability ca
Read moreDriver Group trading in line
1st Mar 2011 08:03
Shares in construction industry consultancy Driver rose over 5% after it said trading in the first half has been in line with company expectations. "Our European and Africa regions are performing well whereas the live construction market in the Middle East is particularly challenging in Abu Dhabi a
Read moreAshley House directors build stakes
26th Jan 2011 17:24
Directors bought stakes in Ashley House following the care home builder's interim results yesterday. Six directors took stakes in the company, with the biggest coming from chairman William Wells, deputy chairman Stephen Minion, chief executive Jonathan Holmes and finance director Antony Waters. The
Read moreDriver scraps divi
19th Jan 2011 07:17
Driver Group posted a 20% slump in revenue for the year and dumped its dividend payment as it grapples with a struggling UK construction market. The Rossendale-based consultancy group, which provides specialist commercial and dispute resolution services to the construction industry, reported an und
Read moreLondon close: Miners keep Footsie in the blue
25th Oct 2010 17:04
Were it not for the strength of miners today Footsie would undoubtedly have ended in the red, as many share prices experienced a late swoon. Miners were wanted on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adhered to, bring an end
Read moreLondon afternoon: Miners retain most of their gains
25th Oct 2010 14:28
London has lost some of its gains in the early afternoon but it is showing signs of a renewed upturn. Miners remain the best performers on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adhered to, bring an end to so-called currency w
Read moreLondon midday: Banks miss out
25th Oct 2010 12:05
Having got off to a flying start London spent the mid-morning period slowly relinquishing its gains before regaining impetus just before midday. Miners continue to lead the advance on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adh
Read moreDriver trading broadly in line
25th Oct 2010 07:44
Construction industry consultancy Driver said it is trading broadly in line with company expectations despite an increasingly challenging UK construction market. Driver predicts a small underlying loss in the second half and expects to close the period with a net debt of £0.5m, less than the marke
Read moreDriver Group Names Damien McDonald As Finance Director
8th Jul 2010 13:05
LONDON (Dow Jones)--Driver Group PLC (DRV.LN), which provides a range of consultancy services to the construction and engineering industries, said Thursday Damien McDonald has been appointed as finance director for the group, effective Aug. 1. MAIN FACTS: -Damien joined Driver in April 2008
Read moreDriver cautious after interim loss
22nd Jun 2010 10:03
Driver Group said it expects conditions to remain challenging after the economic downturn pushed the provider of specialist commercial and dispute resolution services to the construction industry into losses in the six months to March 31. Pre-tax losses totalled £447,000 for the half year, against
Read moreDriver Group 1H Pretax Loss GBP0.4M On Revenue GBP8.8M
22nd Jun 2010 07:49
LONDON (Dow Jones)--Driver Group PLC (DRV.LN) said Tuesday that for the six months ended March 31, it made a pretax loss of GBP0.4 million on revenue of GBP8.8 million. MAIN FACTS: -Revenue of GBP8.8 million (2009: GBP11.3 million) -Operating loss GBP0.3 million (2009: GBP1.3 million)
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