KCOM issues profit warning, slashes dividend plans
20th Nov 2018 14:40
(Sharecast News) - Telecoms provider KCOM Group updated the market on its trading outlook for the 2019 and 2020 financial years on Tuesday, reporting that its performance for the current financial year ending 31 March 2019, on a pre-IFRS 15 basis, would be weaker than originally expected.
Read moreKCom Group appoints Jane Aikman as CFO
10th Oct 2016 08:14
(ShareCast News) - Communications and IT provider KCom Group appointed Jane Aikman as chief financial officer, with immediate effect on Monday. She will stand for election by the shareholders at the company's meeting in July 2017. Aikman, a qualified chartered accountant with Ernst & Young, was pre
Read moreOfcom launches business broadband code to highlight internet speed misselling
26th Jan 2016 11:25
(ShareCast News) - Businesses were being promised more accurate information on broadband speeds on Tuesday, with Ofcom revealing details of a new code of practice that will allow companies to walk away from contracts free of charge if speeds are not as promised. The regulator said that, under a new
Read moreKCom posts increase in interim revenue and profit
30th Nov 2015 10:31
(ShareCast News) - Telecoms provider KCom Group posted an increase in interim pre-tax profit and revenue thanks to good performances across the board. In the six months to the end of September, the London-listed group saw its pre-tax profit rise 2.54% year-on-year to £24.2m on the back of lower fina
Read moreKcom says fibre-based broadband deployment has been successful
26th Mar 2015 12:37
The communications and IT services provider Kcom said on Thursday its trading is in line with market expectations. In a trading update, the group said the deployment of fibre-based broadband services in Hull and East Yorkshire had been successful. The deployment achieved a take-up of 30%, leading t
Read moreSector movers: Fixed-line telecoms fall as broker downgrades hit BT, Talktalk
24th Oct 2014 14:07
Fixed-line telecom stocks were the worst performers in London on Friday as broker downgrades weighed on heavyweight constituents BT Group and Talktalk. BT, by far the largest stock in the sector with a market capitalisation of nearly £31bn, was 2.4% lower at 367.6p in afternoon trade after Morgan St
Read moreSector movers: Cyclicals slump, defensives rise as risk appetite wanes
10th Oct 2014 14:06
Cyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite. Mining heavyweights such as Antofagasta, Glencore, Fresnillo and BHP Billiton were all under pressure as
Read moreTate & Lyle chairman tops up stake with another 10,000 shares
31st Jul 2014 16:38
The chairman of FTSE 250-listed Tate & Lyle, Peter Gershon, added £63,800-worth of shares in the sugar and sweeteners group. Gershon, who is also the chairman of National Grid, paid 638p for each of the 10,000 shares, taking his holding to 92,080 shares. The purchase comes about a week after the
Read moreKCom maintains outlook
29th Jul 2014 08:31
KCom Group has maintained its outlook after reporting no changes in current trading. The FTSE 250 communications solutions provider said it had continued to exploit opportunities in its key markets and invested further in the expansion of the reach of its fibre-based broadband services in Hull and
Read moreMonday broker round-up UPDATE
9th Jun 2014 09:43
Aggreko: Panmure Gordon downgrades from buy to hold with a target price of 1748p. API Group: Numis shifts target price from 84p to 85p, downgrading from buy to add. ASOS: Jefferies reduces target price from 6200p to 5700p, while leaving its buy recommendation unchanged. Betfair Group: Investec ra
Read moreFriday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
Read moreLondon open: UK stocks rise ahead of US non-farm payrolls
6th Jun 2014 08:34
- ECB moves still in focus - Markets await jobs report this afternoon - Smith & Nephew pauses after strong run - Centrica lifted by bid speculation techMARK 2,834.66 +0.35% FTSE 100 6,830.78 +0.25% FTSE 250 16,044.41 +0.31% UK markets bounced off a two-and-a-half week low on Friday following anoth
Read moreLondon pre-open: Stocks seen higher as traders await US jobs data
6th Jun 2014 07:39
UK markets were set for a slightly positive start on Friday, with the tone set by another record finish on Wall Street, as investors gear up for the all-important US jobs report later on. City sources expect London's FTSE 100 to open around eight points higher than Thursday's close of 6,813.49, its
Read moreKCOM eyes growth opportunities after flat year
6th Jun 2014 07:11
- Revenues and profits broadly flat - Cash flow strong, net debt reduced - Company looking for investment opportunities Communication services group KCOM said it met expectations with its annual results despite a subdued performance in the year ended March 31st. However, the company said that afte
Read moreKCom trading in line with expectations
25th Mar 2014 07:42
- Trading in line - Chairman Bill Halbert to start role as Chief Executive - Brings down pension deficit Telecoms and internet communications provider Kcom Group said trading since its last update remains in line with expectations. The FTSE-250 group, which caters to enterprise and public sector
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