Low & Bonar expects profits to cruise past last year
31st May 2012 08:05
Industrial fabric maker Low & Bonar said it expects first half sales and profit to be comfortably ahead of last year as solid trading continues. "This will be the fifth consecutive half year of profitable growth. Despite the weakness of the euro, the group expects full year results to be in line wi
Read moreARM directors chip off hefty chunk of their shares
15th Mar 2012 14:44
Two members of the Executive Committee of ARM, the FTSE 100 chip designer, sold off a total of 150,000 shares, received as part of the firm's long term incentive plan, earlier this week. Tom Lantzsch, Executive Vice President of Corporate Development, sold 50,000 shares at 575p each and another 50,
Read moreBT director boosts stake
7th Feb 2012 15:20
Jasmine Whitbread, a non-executive at BT, the FTSE 100 telecoms giant, has phoned up for a stack of shares just days after the firm unveiled a surprise 48% leap in third quarter profits, and announced that it would hit its 2013 earnings target a year early. Whitbread, who has been on the board at
Read moreLow & Bonar overcomes rising costs as profits jump
7th Feb 2012 14:03
Industrial fabric maker Low & Bonar was able to overcome a weaker macroeconomic climate and rising raw materials costs to post a strong rise in both profits and sales in the year ended November 30th. Profit before tax rose from £18.6m to £23.4m year-on-year, while the operating margin improved fro
Read moreTuesday tips round-up: Low & Bonar, Nanoco, BP
18th Oct 2011 06:30
Low & Bonar makes specialist meshes and other coverings for use in civil engineering projects such as coastal defences, and also the artificial grass used in sports grounds. As such, it cannot expect to be immune to macro-economic trends. But, for now, overall demand is "robust" and the group is con
Read moreLondon close: German party poopers bash shares
17th Oct 2011 16:44
It was an another topsy-turvy dominated by changing perceptions of the Eurozone situation, with shares finishing firmly in the red after Steffen Seibert, spokesman for German Chancellor Angela Merkel, suggested that markets were getting carried away with the optimism. Referring to the hopes being
Read moreLondon midday: Euro boost for stocks again
17th Oct 2011 12:08
Stocks are buoyant this morning with attention once again focused on the Eurozone. STOCKS UP ON EUROZONE HOPES Following the weekend meeting of G20 leaders in Paris, the markets will now be looking ahead to a crucial EU summit on 23 October, with Chancellor of the Exchequer George Osborne calling
Read moreUps and downs at Low & Bonar
17th Oct 2011 10:33
Shares in Low & Bonar fell back after the maker of industrial fabrics issued a mixed trading update. The company expects profits for the full year to be in line with expectations. "We are pleased to be able to report that the overall demand for our key products continues to be robust, and we expec
Read moreLow & Bonar spins profit higher
8th Feb 2011 08:00
Industrial fabric maker Low & Bonar rolled out an 18% rise in full year pre-tax profit, increased its dividend and said it is confident of making further progress in 2011. The Dundee based textile firm said profit before tax rose to £18.6m for the year ended 30 November 2010 from £15.8m the year be
Read moreWednesday tips round-up: Amec, Carillion, Autonomy...
2nd Feb 2011 06:47
Exploration and production spending by oil companies is expected to increase significantly in 2011 - with analysts predicting investment could rise by as much as a fifth. This is an opportunity for Amec. Any M&A activity could be a catalyst for the shares to outperform. The shares are trading on a
Read moreSmall caps round-up: Active Energy, Corac, Low & Bonar...
1st Feb 2011 10:19
Shares in Active Energy rose by a tenth Tuesday after the group announced that new contract wins in January will generate revenues in excess of £400,000 for 2011. One significant contract has been secured with the National Physical Laboratory, run by Serco on behalf of the Department for Business,
Read moreLow & Bonar sees sales at high end
16th Dec 2010 13:54
Shares in Low & Bonar perked up after the maker of fabrics, textiles and building products said strong trading has continued. 'As a consequence we now expect sales growth to exceed 10% for the 2010 financial year and that full year profits before tax will be at the upper end of market expectations,
Read moreWednesday tips round-up: Aveva, Punch, ASOS...
13th Oct 2010 06:48
Aveva produces software that helps a range of industries design industrial plants and capture and maintain their data. Its systems have been used by big players in the oil and gas markets, the power industry and even ship designers. Analysts point to significant opportunities for the company in th
Read moreUK SMALLCAP ROUNDUP:Paperchase Sold To Private Equity For $31M
13th Jul 2010 16:00
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 BORDERS GROUP INC. (BGP), a U.S. bookseller, said Tuesday it has agreed to sell U.K. stationary firm Paperchase Products Ltd to private equity firm Prima
Read moreSmall caps: Agriterra, Clipper, Low & Bonar
13th Jul 2010 15:08
Agricultural group Agriterra reports its Compagri maize processing facility in Tete has re-opened and the buying programme from local farmers is underway. "The buying season has now commenced and we are achieving strong inflows at the DECA facility, with more than 4,500 tonnes bought in only 24 da
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