Fairpoint Group unveils hike in annual profits
14th Mar 2013 11:29
UK financial advisor Fairpoint Group recorded an 87 per cent rise in annual pre-tax profits Thursday as diversified activities pushed revenues higher. The provider of solutions to financially stressed consumers said adjusted profit before tax for 2012 came to £7.6m, compared to £4.0m reported a yea
Read moreFairpoint Group returns to profit
27th Sep 2012 13:07
Debt advisor Fairpoint Group reported a first half profit compared to a loss the same half a year earlier helped by a strong recovery at its IVA services division and as it continued to diversify its income streams. The group reported a pre-tax profit of £2.1m in the six months ended June 30th 2012
Read moreArden Partners COO buys shares after disappointing results
20th Jul 2012 16:20
Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro
Read moreSmall caps round-up: Plastics Capital, Vislink, Westminster Group ...
25th Apr 2012 13:54
Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be
Read moreWH Smith director goes to the till
23rd Apr 2012 15:43
Jeff Harris, a Non-Executive Director at WH Smith, purchased 10,000 shares in the stationery and book retailer on Friday, one day after the firm's interim results. Harris, currently the Chairman of FTSE 250 speciality plastic and fibre products supplier Filtrona who joined WH Smith's board in June
Read moreLondon close: Stocks slump as euro debt worries continue
23rd May 2011 16:51
The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of
Read moreAxis-Shield finance chief buys
24th Mar 2011 17:01
Ronny Hermansen, the finance director of diagnostics firm Axis-Shield, has invested £31,000 in the company. Hermansen has acquired 10,000 shares at 313.5p each, which takes his stake to 113,498 shares. Axis announced a maiden dividend of 1p a share when it released its 2010 figures last week. Th
Read moreSmall caps round-up: Axis-Shield, Cluff Gold, Falkland Oil...
15th Mar 2011 09:55
Diagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.
Read moreSmall caps: Avesco, Cyril Sweett, Fairpoint...
15th Mar 2011 09:55
Big screen renter Avesco cut losses sharply in its latest quarter and said activity in its markets has picked up. Revenue rose to £30.5m in the three months to December from £23.8m with losses reducing to £0.5m from £1.8m. "It does appear that a real momentum has returned to the business and that
Read moreSmall caps round-up: Deltex Medical, Monitise, Avesco...
13th Jan 2011 13:28
Shares in Deltex Medical, which makes technology to measure blood flow in patients undergoing surgery, climbed after it said sales for 2010 are expected to have exceeded £6.25m. Sales increased in all key markets, the company said. Monitise continues to benefit from the increasing trend of shoppers
Read moreHargreaves Lansdown founder raises £58m from share sale
7th Oct 2010 16:39
Hargreaves Lansdown founder Stephen Lansdown has sold nearly 3% of the company. Lansdown sold 13.56m shares at 429p each, which raised £58.18m. That leaves Lansdown with 20.1% of the financial adviser. Wealth management firm Hargreaves Lansdown reported a record year to June 2010 despite tough m
Read moreFairpoint profit up as more customers seek advice
15th Sep 2010 08:41
Debt advisor Fairpoint reported a 9% increase in half year profit as the group cut costs and the number of customers seeking its advice rose. Adjusted pre-tax profit rose to £2.6m for the six months ended 30 June 2010 from £2.4m before. Revenue was £13.9m little changed from £13.8m in the year earl
Read moreFairpoint buys Moneyextra.com
21st Jul 2010 15:43
Consumer debt consultant Fairpoint Group said trading in the first half of its financial year has been in line with expectations, with revenues and profits marginally ahead of last year. The company has acquired price comparison web site Moneyextra.com in a move that should increase non-IVA (indiv
Read moreUK SMALLCAP ROUNDUP: Domino's Polish Franchise Eyes GBP6.5M IPO
21st Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DP POLAND, a new firm that has secured the Polish franchise for major pizza delivery brand Domino's Pizza Inc. (DPZ), Wednesday said it plans to raise GB
Read moreINTERVIEW: Fairpoint Targets Third Of Rev From Value-Added-Svcs
21st Jul 2010 10:36
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. consumer debt adviser Fairpoint Group PLC (FRP.LN) expects to get around a third of its group revenue from "value-added services" by the end of 2010, Chief Executive Chris Moat said Wednesday, as the company looks to increase
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