Energy Assets Group hikes profit, invests in recurring revenue
7th Jun 2016 12:32
(ShareCast News) - Energy Assets Group has hiked its full-year pre-tax profit and revenue as it invested £22.9m in assets to generate long-term recurring revenue for the business, from £22.5m a year ago. Pre-tax profit was £10.5m, from £9.3m, on revenue of £45.3m, from £36.2m. "The new financial ye
Read moreAlinda Funds picks up Energy Assets Group for £198m in cash
18th Apr 2016 10:09
(ShareCast News) - Energy Assets agreed to be bought by BidCo, a company wholly-owned by Alinda Funds, for approximately £198m in cash. The Livingston-based firm - which floated on the LSE on 22 march 2012, with a market cap of £57m - described itself as the UK's largest independent provider of indu
Read moreWednesday broker round-up UPDATE
23rd Jul 2014 09:01
Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:
Read moreBGlobal sells metering business for 2.3m pounds
22nd Apr 2014 07:35
Utility metering group BGlobal is selling its metering business to Energy Assets Group for 2.3m pounds to focus on its energy data management business Utiligroup. BGlobal made its move after discussions with several parties since it announced a strategic review in November. It said it was also clo
Read moreXP Power board members reduce holdings
28th Feb 2014 16:18
XP Power's Chairman, Larry Tracey, on Thursday sold 75,000 shares in the power supply solutions manufacturer. Tracey, who has held his current role since April 2002, disposed of the shares at 1,755p a time, generating a total of £1.3m. Fellow board member James Peters, a Non-Executive Director, t
Read moreFriday broker round-up UPDATE
1st Mar 2013 07:17
Ashtead Group: Citigroup increases target price from 487p to 590p and keeps a buy recommendation. Atkins: JP Morgan raises target price from 893p 920p, reiterating an overweight rating. Berendsen: Panmure Gordon moves target price from 582p to 760p, while staying with its hold recommendation. Cant
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