Elektron Technology profits leap after 'exceptional' year
12th Jun 2019 13:35
(Sharecast News) - Elektron Technology on Wednesday reported a leap in annual profits after a double-digit revenue increase in its unaudited preliminary results following growth at all three of its businesses.
Read moreElektron sales growth driven by Bulgin and Checkit subsidiaries
15th May 2019 09:01
(Sharecast News) - Global technology firm Elektron saw sales move ahead in the first quarter of its trading year, boosted by strong sales growth over at its Checkit and Bulgin units.
Read moreElektron trades in line with upgraded market forecasts
5th Feb 2019 08:15
(Sharecast News) - Global technology firm Elektron expects to have traded in line with upgraded market forecasts in its recently wrapped up trading year.
Read moreElektron expects annual sales to be 'significantly ahead'
1st Nov 2018 08:59
(Sharecast News) - Elektron Technology increased sales 16.5% in the third quarter of the year thanks to an improved showing from its Bulgin branded products following a successful manufacturing scale-up.
Read moreElektron Techology set to exceed expectations after double-digit sales growth
9th Aug 2018 10:07
(Sharecast News) - Elektron Technology on Thursday reported a 16.9% rise in sales which were "significantly ahead of the prior year" and ahead of market expectations.
Read moreElektron Technology cautious on outlook as turnaround makes progress
8th Feb 2017 08:49
(ShareCast News) - AIM-listed Elektron Technology said it would report a fall in revenue for 2016 as it turns around the company by selling low growth and non-core businesses, remaining cautious in the wider outlook. In a year-end trading statement, the technology company said revenue from continuin
Read moreElektron Technology sells rubber manufacturing business for £300,000
2nd Dec 2016 08:05
(ShareCast News) - AIM-listed Elektron Technology has sold its rubber instrument manufacturing business to C&M Project for £300,000. The company sold Wallace, a manufacturer of rubber testing instruments, as part of its strategy of a "rationalisation of its portfolio" as it focuses its Connectivity,
Read moreElektron completes disposal of Carnation Designs
30th Sep 2016 15:02
(ShareCast News) - Global technology group Elektron Technology announced on Friday that it has completed the sale of the business and assets - excluding trade debtors - of Carnation Designs, to Ring Automotive for a total gross consideration of £0.23m cash. The AIM-traded firm said it has retained C
Read moreElektron cautions on declines for legacy products
28th Jul 2016 13:32
(ShareCast News) - Technology group Elektron Technology has cautioned that it continued to experience declines in markets for some of its legacy products, having previously warned on its first-half results. It reiterated that current year investment in new product development as well as scale-up cos
Read moreElektron Technology revenue down amid cloudy trading
22nd Feb 2016 09:29
(ShareCast News) - Elektron Technology updated the market on its financial year to 31 January on Monday, ahead of its full results, and saw muted revenue across its divisions amid a cloudy trading environment. The AIM-traded global technology group said group revenue from continuing operations amoun
Read moreElektron Technology swings profit in the second half
10th Sep 2015 08:45
(ShareCast News) - Connectivity and instrumentation monitoring group Elektron Technology swung to a profit in the second quarter of its financial year. In the six months to the end of July, the London-listed group posted a pre-tax profit of £0.3m compared with a £0.6m loss in the corresponding perio
Read moreRM2 International boss buys £0.6m of shares
18th Jul 2014 14:51
Pallet manufacturer RM2 International, which floated on the stock market at the start of the year, has announced that its boss John Walsh has bought one million shares in the company. Former banker Walsh, who has been RM2's Chief Executive since its inception, purchased the shares at a price of 61.
Read moreTuesday newspaper round-up: Shire, Tesco, French air traffic
24th Jun 2014 07:45
Shire boss Flemming Ornskov on Monday admitted a higher offer from its US rival AbbVie could result in a takeover of the Irish drugmaker as he fleshed out his ambitions to double annual sales by 2020. Mr Ornskov, who has led Shire for just over a year, said he would not stand in the way of a potenti
Read moreElektron Technology in talks with lender after tough year
11th Feb 2014 08:42
Elektron Technology has launched talks with a lender about changing its funding arrangements after a "disappointing" year, hitting its shares. The group, which makes food safety monitoring systems, power and data connectors and other hi-tech equipment for industry, said it was in discussions about
Read moreElektron Technology back into the black in second half
17th Dec 2013 16:16
Electronic components group Elektron revealed encouraging results of self-help measures earlier in the year, breaking back into the black. The AIM-listed group said it had returned to an operating profit before non-recurring or special items for the third financial quarter compared to the first-ha
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