Hayward Tyler completes latest loan note issue
13th Feb 2017 14:21
(ShareCast News) - Specialist engineering company Hayward Tyler Group announced the successful completion of its latest loan note issue at £0.6m on Monday. The AIM-traded firm said the loan notes carry a one-year term and pay interest at 6.75%. Proceeds of the issue were to be used to reduce the co
Read moreHayward Tyler Group wins contracts worth over £4.5m
24th Nov 2016 09:57
(ShareCast News) - AIM-listed engineer Hayward Tyler Group has won four contracts worth in excess of £4.5m. Hayward Tyler, one of its operating companies, won two orders from Eureka Pumps for operators in the North Sea. The first is for a motor unit for a firewater pump application at the Gudrun fi
Read moreHayward Tyler expects to meet revenue expectations despite loss
20th Oct 2016 11:27
(ShareCast News) - Engineer Hayward Tyler Group said it remains confident of meeting full year expectations, despite warning of losses in the first half. In a trading update for the six months ended 30 September, the AIM-listed company said its performance would be strongly weighted to the second ha
Read moreHayward Tyler disposes, leases back Peterborough property
29th Mar 2016 16:46
(ShareCast News) - Specialist engineering group Hayward Tyler disposed of one of its 11.5 acre Peter Brotherhood property in Peterborough on Tuesday, in a sale-and-leaseback deal with Helical Peterborough (HPL) - a special purpose vehicle owned by Helical Bar. The AIM-traded firm had acquired Peter
Read moreHayward Tyler Group clinches Peter Brotherhood deal
12th Oct 2015 08:06
(ShareCast News) - Engineering company Hayward Tyler Group has completed the acquisition of Peter Brotherhood business from Siemens-owned Dresser-Rand Company for $15m in cash. The London-listed company said the deal for the steam turbines maker will be funded through new debt facilities from Royal
Read moreHayward Tyler interim profit grows in H1
11th Nov 2014 15:44
Engineering firm Hayward Tyler said higher revenue in the first six months of 2014 saw an increase in its interim pre-tax profits. The firm reported pre-tax profit of £1.84m for the six months to 30 September, slightly up from £1.82m in the corresponding period in 2013. Hayward added that higher co
Read moreHayward Tyler sees strong underlying improvement
13th May 2014 12:59
Engineering group Hayward Tyler announced it has seen a strong improvement in underlying operations with orders across the company's markets remaining buoyant. The group's new orders for the year stood at £46m which was 8% ahead of the same period for the previous year. Directors in the group were
Read moreHayward Tyler in joint initiative with Eureka after contract win
5th Sep 2013 13:58
Hayward Tyler has struck an agreement with Norway's Eureka Pumps that will see them jointly market underwater pump and motor units that are under 2MW for the offshore oil and gas exploration market. The pair will also work together to provide after-market services for under water units. The joint
Read moreHayward Tyler buoyed by 'fifth quarter' contract wins
1st May 2013 13:47
Specialist pumps and motors maker Hayward Tyler has enjoyed a strong level of new orders in the "fifth quarter" of its extended financial year. The AIM-listed engineer is moving its year end from December 31st to March 31st in order to align year ends with its largest shareholder, MBE Mineral Tech
Read moreSector movers: Weir lifts industrial engineers higher after BofA note
8th Apr 2013 15:02
The London-listed industrial engineering sector was the best performing sector of the day on Monday with Weir Group performing well after some upbeat comments from Bank of America (BofA). Weir, a global engineering firm with nearly 200 manufacturing and service facilities around the world, was up 4
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