Dowlais ups guidance after strong Q4, as AAM acquisition nears completion
19th Jan 2026 07:25
(Sharecast News) - Auto-focused engineering group Dowlais said it expects 2025 results to be ahead of previous guidance after a strong end to the financial year, with trading and cash flow coming in ahead of forecasts.
Read moreDowlais flags top-end performance as US tariff concerns ease
11th Nov 2025 09:41
(Sharecast News) - Dowlais Group said in an update on Tuesday that it expects its full-year performance to come in towards the top end of prior guidance after strong operational execution and continued cost discipline helped offset market volatility and tariff headwinds.
Read moreRBC Capital downgrades Dowlais, says American Axle deal now in the price
19th Aug 2025 07:46
(Sharecast News) - RBC Capital Markets downgraded Dowlais on Tuesday to 'sector perform' from 'outperform' as the American Axle deal gets closer and is now in the price.
Read moreDowlais burns through £29m in cash due to US tariffs
7th Aug 2025 10:10
(Sharecast News) - UK auto parts maker Dowlais on Thursday revealed it had burned through £29m in cash due to US tariffs and held annual guidance as it reported a 2% rise in adjusted operating profits.
Read moreAmerican Axle seeks London listing as it progresses Dowlais takeover
16th May 2025 08:27
(Sharecast News) - American Axle & Manufacturing will seek a secondary listing on the London Stock Exchange, it emerged on Friday, as it moves forward with its $1.4bn acquisition of Dowlais Group, the UK-based owner of GKN Automotive.
Read moreDowlais reports solid Q1, warns of US tariff-related impacts
8th May 2025 10:22
(Sharecast News) - Dowlais Group said in an update on Thursday that trading in the first quarter was in line with expectations, but it warned that its full-year performance was now expected to come in at the lower end of guidance, citing weaker auto production forecasts and the delayed recovery of tariff-related costs.
Read moreCiti lifts Dowlais price target after results
7th Mar 2025 13:37
(Sharecast News) - Citi lifted its price target on Dowlais on Friday to 72p from 58p following the company's full-year results earlier in the week.
Read moreDowlais profits, revenues hit by ePowertrain weakness
5th Mar 2025 10:19
(Sharecast News) - Dowlais reported a drop in full-year profit and revenue on Wednesday, citing significant headwinds faced by its ePowertrain product line.
Read moreLondon close: Stocks mixed ahead of US Fed decision
29th Jan 2025 15:22
(Sharecast News) - London's financial markets finished in a mixed state on Wednesday, as investors looked to the latest policy announcement from the US Federal Reserve and awaited key earnings reports from major American technology firms.
Read moreDowlais agrees takeover by American Axle
29th Jan 2025 07:02
(Sharecast News) - Shares in specialist UK auto parts engineer Dowlais surged on Wednesday after it agreed terms on a £1.16bn cash and share takeover by American Axle & Manufacturing.
Read moreDowlais shares surge following trading update
13th Nov 2024 07:54
(Sharecast News) - Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.
Read moreLondon close: Stocks finish positive ahead of key inflation data
13th Aug 2024 14:51
(Sharecast News) - London stocks closed higher on Tuesday, as investors digested the latest UK jobs data and anticipated upcoming inflation reports from both the UK and the US.
Read moreDowlais cuts revenue guidance, considering sale of Power Metallurgy
13th Aug 2024 07:58
(Sharecast News) - Dowlais said on Tuesday that it was considering a potential sale of its Powder Metallurgy business and that it now expects a decline in full-year revenue.
Read moreDowlais FY revenues seen 'slightly below' prior year
21st May 2024 08:50
(Sharecast News) - Engineering group Dowlais warned on Tuesday that full-year revenues were likely to be "slightly below" FY23 as a result of "increased volatility".
Read moreLondon close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
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