Microgen makes 'good progress' throughout second half
30th Oct 2018 12:00
(Sharecast News) - Software and services provider Microgen expects results from its trading year to fall in line with management expectations after making some "good progress" during the second half.
Read moreMicrogen on target as Aptitude software bags ten contracts
25th Jan 2017 10:18
(ShareCast News) - Business software company Microgen reported that trading in the second half of 2016 was in line with its strategy. The highlight for the group was the continued progress of its Aptitude Software business which entered into ten contracts in 2016 with new clients located across Euro
Read moreMicrogen acquires Infoscreen (Cyprus) Ltd
16th May 2016 13:48
(ShareCast News) - Microgen's financial systems business has acquired Infoscreen of Cyprus for €1.8m, its fourth deal in the trust and fund administration sector since December 2014. Cyprus-based Infoscreen and its subsidiary booked revenue of €1.0m in the last calendar year and an operating profit
Read moreMicrogen upbeat about full-year prospects as trading remains in line with expectations
22nd Oct 2015 10:21
(ShareCast News) - Business software group Microgen said trading has been in line with expectations in the year to date. The London-listed company said both of its divisions - financial systems and aptitude software - had performed in line with forecast and approximately 95% of its revenue expectati
Read moreMicrogen interim profits rise, completes acquisition of Jobstream
16th Jul 2015 10:51
(ShareCast News) - Business software group Microgen posted an increase in first half profits, driven by a strong performance from its Aptitude Software business The said pre-tax profit in the six months to 30 June rose 23.3% year-on-year to £3.7m, as revenue grew 7% to £15.8m, boosted by a better-th
Read moreMicrogen acquires wealth management software provider
9th Jun 2015 14:53
Microgen has acquired Finalysys, a Jersey-based provider of wealth management software for the offshore finance industry. The software developer will pay up to £0.3m, part of which will be deferred. Finalysys will be integrated into Microgen's Financial Systems business. "A key element of the stra
Read moreMonday broker round-up
18th May 2015 12:53
Lloyds: Investec downgrades to sell with 84p target. RBS: Investec reiterates buy with a 395p target price and Berenberg sell with a 250p target. Babcock International: Deutsche Bank reiterates buy and 1,150p target. Marks&Spencer: Deutsche Bank reiterates buy. Coca Cola HBC: Nomura reiterates re
Read moreMicrogen margins expand despite falling top line
22nd Jul 2013 16:10
London-listed business software firm Microgen said that trading in its first half was 'satisfactory' as it made no change to its interim dividend after a fall in revenues. The company, which develops software to automate complex business processes, control accounting data and process financial tran
Read moreWednesday broker round-up UPDATE
12th Jun 2013 07:55
Aberdeen Asset Management: Canaccord Genuity cuts target price from 460p to 440p, while leaving its buy recommendation unchanged. ASOS: Canaccord Genuity downgrades to hold with a target price of 3400p. BT Group: Credit Suisse increases target price from 300p to 350p and maintains an outperform ra
Read moreMonday broker round-up UPDATE
13th May 2013 07:18
Bioquell: Investec shifts target price from 136p to 141p and keeps a hold recommendation. blinkx: Canaccord Genuity moves target price from 125p to 135p reiterating its buy recommendation. Britvic: Panmure Gordon increases target price from 380p to 460p and retains a hold recommendation. BT Group
Read moreIntu Properties Deputy Chairman continues to build stake
21st Mar 2013 15:38
John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t
Read moreTuesday broker round-up UPDATE
26th Feb 2013 07:27
Andor Technology: Investec shifts target price from 460p to 500p and keeps a buy recommendation. Associated British Foods: Nomura revises target price from 1790p to 1800p, while its neutral rating remains unchanged. Barclays: Espirito Santo raises target price from 346p to 418p and reiterates its
Read moreMonday broker round-up UPDATE
25th Feb 2013 07:26
Afren: Canaccord Genuity increases target price from 160p to 200p and reiterates a buy recommendation. Antofagasta: Bank of America upgrades to buy with a target price of 1400p. Ashmore Group: Espirito Santo shifts target price from 364p to 368p and maintains a neutral rating. ASOS: Deutsche Bank
Read moreMicrogen drops on contract delays
12th Nov 2012 11:40
Administration software firm Microgen saw its shares lose seven per cent of their value after it said a number of deals in the financial sector were taking longer to complete than expected. This meant revenues in the second six months of 2012 were now expected to be around 10% lower than the first
Read moreMonday broker round-up -UPDATE
12th Nov 2012 09:03
Afferro Mining Inc: Investec retains buy recommendation and target price at 107p. Antrim Energy Inc.: Westhouse Securities keeps buy recommendation and target price at 70p. ASOS: Investec ups target from 2,450p to 2,675p, buy rating kept. Aveva: Investec keeps buy rating and 2,200p target. Bovis
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