Elecosoft meeting expectations as profits build
2nd Aug 2018 08:20
(Sharecast News) - Construction software firm Elecosoft on Thursday reported that the company saw a substantial increase in profit before tax in a first half of the year that was in line with expectations.
Read moreElecosoft anticipating bumper profit for 2016
20th Jan 2017 15:39
(ShareCast News) - Elecosoft posted a trading statement for the year to 31 December on Friday, claiming that based on unaudited management accounts, the board expects profit before tax will be significantly ahead of market expectations. The AIM-traded company did add that was before costs associated
Read moreElecosoft's pre-tax to be 'significantly' ahead of expectations after record sales
20th Jan 2017 08:51
(ShareCast News) - Shares surged in Elecosoft after the construction software company said that it expects pre-tax profit to be "significantly" ahead of expectations after achieving record sales during 2016 and benefiting from movements in currency exchange rates. For the 2016 calendar year, the com
Read moreElecosoft's finance director Graham Spratling to leave after nine years
6th Jan 2017 08:17
(ShareCast News) - AIM-listed Elecosoft's finance director is to leave the software company after nine years. Graham Spratling will leave after the company's year-end accounts are completed and Elcosoft has begun looking for his successor. The company said that Spratling had contributed to its tran
Read moreElecosoft acquires Integrated Computing & Office Networking Ltd
17th Oct 2016 12:34
(ShareCast News) - Elecosoft has acquired Integrated Computing & Office Networking Ltd (ICON) for a total of £2.4m. Directors expected the deal would be earnings-neutral in the period ended 31 December 2016, and earnings enhancing thereafter. It would be financed by a fixed-term loan of £1.8m, amor
Read moreElecosoft revenue and earnings rise in first half
21st Sep 2016 14:23
(ShareCast News) - Construction software specialist Elecosoft announced its unaudited results for the six months to 30 June on Wednesday, with revenue of £8.8m up 10% year-on-year. The AIM-traded firm said 47% of revenue was from recurring maintenance and support revenue, improving marginally from 4
Read moreMwana Africa directors cheer results success
10th Jul 2014 16:05
Mining and development group Mwana Africa said its Non-Executive Interim Chairman had on Thursday acquired himself £15,068-worth of shares, growing his stake by around a fifth. Stuart Morris, who has been on the board since 2005, paid 2.55p for each of the 590,910 shares. The purchase, which inc
Read morePZ Cussons Chairman raises stake above 54,000
30th Sep 2013 16:34
The Chairman of consumer products company PZ Cussons has acquired just over 3,000 shares, increasing his stake above 54,000. Richard Harvey purchased the shares at 411p a piece for a total spend of £12,371, just a few days after the company said its results for the last quarter were in line with ex
Read moreLondon close: Triple-digit losses as Euro worries continue
19th Sep 2011 16:50
Shares failed to recover from an early slide as ongoing worries over the Eurozone situation continued to cast a shadow. The FTSE 100 closed down 108 points. Greek Prime Minister George Papandreou has cancelled a planned trip to the US to guide Greece through what could be a critical seven day peri
Read moreLondon midday: Eurozone worries cast a shadow
19th Sep 2011 12:03
London's blue chip index is stuck below 5,300 points as the Eurozone saga rumbles on. Investors seeking a resolution to the problems were disheartened after a meeting of EU finance ministers in Poland on Friday failed to live up to expectations. "There is a firm 'risk-off' tone to the start of the
Read moreFull-year losses fall at Eleco
19th Sep 2011 10:53
Eleco, the firm which makes software and systems for the construction sector, made a pre-tax loss of £1.2m in the 12 months to the end of June, better than the £3.8m loss the year before. However, turnover fell 10% from £53m to £47.9m, as a lower level of student accommodation and hotel contract af
Read moreSmall caps round-up: Tough times at Individual Restaurant
28th Jul 2010 11:37
Shares in Individual Restaurant fell sharply after the owner of the high-end Piccolino and Bar & Grill chains said extreme weather early in the year and the football World Cup will cost the company about £600,000 in pre-tax profits in the current year. Vending machine group SnackTime saw pre-tax pr
Read moreEleco Sees FY Loss On Low Trading In Building Systems Unit
28th Jul 2010 07:53
LONDON (Dow Jones)--Eleco PLC (ELCO.LN), a provider of Building Systems and Software to the construction industry, said Wednesday that as a result of losses from its Building Systems unit, it anticipates a loss before non-recurring items and reorganization costs is expected to be significantly worse
Read moreEleco Finance Director David Dannhauser Resigns
19th Jul 2010 07:51
LONDON (Dow Jones)--Eleco PLC (ELCO.LN), a manufacturer and supplier of building systems and products, said Monday that on July 15 Finance Director David Dannhauser resigned as a director of the company. MAIN FACTS: -The Board has appointed Tim Sykes, an experienced finance professional, as
Read moreEleco Sells Eleco Bauprodukte To MiTek Industries
1st Jul 2010 10:14
LONDON (Dow Jones)--Eleco PLC (ELCO.LN), said Thursday that it has sold the entire issued share capital of Eleco Bauprodukte (EBP), its German connector plate business, to MiTek Industries, for a total consideration of GBP3.9 million. MAIN FACTS: -The consideration has been satisfied by the
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