Morgan Advanced Materials lays out growth plans
24th Apr 2024 12:12
(Sharecast News) - Morgan Advanced Materials updated the market on its financial goals on Wednesday, as it aimed to surpass organic revenue growth rates through a combination of organic expansion, strategic mergers and acquisitions, and shareholder value creation.
Read moreMorgan Advanced Materials FY operating profits fall
12th Mar 2024 09:48
(Sharecast News) - Morgan Advanced Materials said on Tuesday that adjusted operating profits had fallen in 2023 despite seeing a modest uptick in annual revenues.
Read moreJefferies ups ratings on Elementis, XP Power and Spirax-Sarco
31st Jan 2024 10:42
(Sharecast News) - Jefferies has adjusted its ratings on stocks across in a review of the UK-listed capital goods sector, which included upgrades of Elementis, XP Power and Spirax-Sarco Engineering.
Read moreMorgan Advanced Materials YTD sales grow despite impact of 'cyber incident'
9th Nov 2023 08:54
(Sharecast News) - Carbon and ceramic materials manufacturer Morgan Advanced Materials said on Thursday that year-to-date sales had risen as it continued to recover from a "cyber incident" experienced earlier in the year.
Read moreMorgan Advanced Materials posts sharp drop in 1H profits
4th Aug 2023 08:36
(Sharecast News) - Morgan Advanced Materials posted sharply lower interim profits as the company's margins shrank.
Read moreBarclays starts Morgan Advanced Materials at 'overweight'
14th Jul 2023 07:49
(Sharecast News) - Barclays initiated coverage of Morgan Advanced Materials on Friday with an 'overweight' rating and 365p price target.
Read moreBroker tips: Spirax-Sarco Engineering, Morgan Advanced Materials
14th Jul 2023 07:42
(Sharecast News) - UBS upgraded Spirax-Sarco Engineering on Friday to 'buy' from 'neutral' and lifted the price target to 12,400p from 11,560p, citing an attractive entry point.
Read moreMorgan Advanced Materials hikes dividend, FY PBT rises
28th Apr 2023 07:14
(Sharecast News) - Manufacturing company Morgan Advanced Materials hiked its full-year dividend payout on Friday as it revealed annual pre-tax profits had risen.
Read moreMorgan Advanced Materials managing 'consequences' of cyber attack
7th Feb 2023 07:08
(Sharecast News) - Manufacturing company Morgan Advanced Materials warned on Tuesday that full-year operating profits will be approximately 10% to 15% below previous expectations as it continues to manage the consequences of a cyber security incident that saw the company uncover unauthorised activity on its network back in January.
Read moreMorgan Advanced Materials names Ian Marchant as chairman designate
18th Jan 2023 08:27
(Sharecast News) - Carbon and ceramic materials manufacturer Morgan Advanced Materials has tapped Ian Marchant to take over as chairman, with effect from 1 February.
Read moreMorgan Advanced Materials hit by attempted cyber attack
10th Jan 2023 07:17
(Sharecast News) - Morgan Advanced Materials said it had been the victim of an attempted cyber hack on its computer network.
Read moreMAM holds guidance, to make £67m pension fund contribution
6th Dec 2022 07:54
(Sharecast News) - Morgan Advanced Materials maintained full-year guidance and said it was making a £67m contribution towards its defined benefit pension scheme top free up cash flow.
Read moreMorgan Advanced Materials lifts annual guidance
4th Nov 2022 07:37
(Sharecast News) - Shares in Morgan Advanced Materials surged on Friday as the carbon and ceramic metals manufacturer lifted profit and revenue guidance as sales for the first nine months of the year rose 10.5%.
Read moreMorgan Advanced Materials H1 profits rise, FY performance seen at top end of forecasts
29th Jul 2022 09:17
(Sharecast News) - Manufacturing company Morgan Advanced Materials said on Friday that both revenue and profits had grown in the six months ended 30 June, leading the group to expect its full-year performance to come in around the top end of current analysts' forecasts.
Read moreMorgan Advanced backs full-year guidance as Q1 revenues rise
5th May 2022 09:54
(Sharecast News) - Morgan Advanced Materials backed its full-year guidance on Thursday as it posted a rise in first-quarter revenues.
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