Havelock Europa rallies on upbeat trading update

25th Jan 2016 11:03

(ShareCast News) - Shop and officer fitter Havelock Europa said trading for the year ended 31 December was in line with its expectations and the company's cost-reduction measures were beginning to bear fruit. The group, which announced plans to shed about 50 jobs back in September, said the business

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Havelock's 2016 revenue to take a hit as major client cuts spending

17th Nov 2015 12:07

(ShareCast News) - Shares in Havelock Europa slid on Tuesday after the interior solutions provider said one of its largest financial services clients will be substantially reducing its spend on refurbishment and development next year. As a result, the contract revenue Havelock will receive from this

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Subdued demand leads to Havelock Europa revenue dip

28th Sep 2015 11:11

(ShareCast News) - Furniture and interiors provider Havelock Europa has posted a dip in half year revenues as it contends with subdued demand in the UK retail and financial services sectors. Group revenue from continuing operations was down to £28.9m from £30.5m, and the outlook for the retail and f

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Havelock Europa tumbles after profit warning

1st Sep 2015 15:04

(ShareCast News) - Shares in Havelock Europa tumbled on Tuesday after the company said full-year 2015 results will be materially below previous guidance, as it announced job cuts and the sale of its Teacherboards business. Revealing the outcome of a business structure review, Havelock, which is an i

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Havelock Europa warns full-year results will be "disappointing"

28th Nov 2014 15:06

Havelock Europa said it expects full-year profits to fall below the group's expectations due to delayed orders during the second half. The group expects to report £0.9m in exceptional costs for the current year which include costs in senior management changes and in the restructuring of its Stage Sy

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Cineworld's newest board members stock up

25th Apr 2014 16:00

Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the

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Major Havelock stakeholder trades in 1.25m shares

11th Feb 2014 16:22

Andrew Burgess, the major shareholder of retail and educational interiors group Havelock Europa, has reduced his stake to 22.19 per cent after selling 1.25m shares. The 17.75p-a-piece sale, which reduced Burgess's holding to 8.55m shares, comes less than a fortnight after the group said 2013 tradi

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Havelock says 2012 results are on target

29th Jan 2013 12:56

Havelock Europa, a retail and educational interiors group, said Tuesday that it expects its full year results for the 12 months ended December 31st to be in line with expectations, following a traditionally stronger second half. Divisionally, activity levels in Interiors demonstrated an improvement

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Small caps round-up: ReNeuron, Havelock, Goodwin

11th Sep 2012 14:25

Clinical-stage stem cell group ReNeuron has achieved further significant milestones with its ReN001 and ReN009 programmes in stroke and critical limb ischaemia, with the filing of two further clinical trial applications to progress the clinical development of these novel therapies. Michael Hunt, Chi

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Havelock Europa reduces losses

6th Sep 2011 08:14

Shopfitter Havelock Europa reduced half year losses, increased revenue and said it made progress in securing new business in overseas markets. Group revenue increased by 4% to £42.9m in half year to 30 June 2011. Havelock reported a pre-tax loss of £1.5m compared to a loss of £4.6m in 2010 followi

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Government cutbacks to hit Havelock

23rd Sep 2010 16:24

New chief executive Eric Prescott looks to have a tough job on his hands at Havelock Europa after the shopfitter slipped further into the red in the first half of the year and faces the prospect of reduced demand from the government for its educational supplies. Loss before tax broadened to £4.62m

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Havelock Europa brings in Eric Prescott as CEO

2nd Sep 2010 12:40

Havelock Europa's hunt for a new chief executive is over after the shopfitter and point of sale printing group picked rail man Eric Prescott to run the business. Prescott used to be UK president and managing director of rail group Alstom Transport and managing director of Balfour Beatty Rail infras

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Havelock Europa FY Outlook Remains In Line With Views

23rd Jun 2010 12:13

LONDON (Dow Jones)--Havelock Europa PLC (HVE.LN), an Educational and Retail Interiors and Point of Sale Printing Group, announced Wednesday the outlook for the year as a whole remains in line with expectations. MAIN FACTS: -The Retail Interiors Division has received an increased and encourag

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London close: Footsie at 2-week low

8th Jun 2010 16:14

London fell for the third session in a row Tuesday, damaged by a further slump at BP and as a wave of selling sank the banking sector. Comments from ratings agency Fitch about Britain's "formidable" budget deficit didn't go down well, but it was BP that stood out, hitting a 20-month low as the flow

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London afternoon: Miners revival not enough

8th Jun 2010 14:40

Footsie staged a small revival over the lunch time session, helped by a recovery by mining stocks, but the majority of FTSE 100 constituents are still in the red with laggards outnumbering leaders by three to one. BP is again among the worst performers as US president Barack Obama said he'd sack t

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