Morgan 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.

Read more

Morgan Advanced swings to profit as global demand recovers

4th Mar 2022 07:34

(Sharecast News) - Morgan Advanced Materials said on Friday that it swung to a full-year profit in 2021 as demand recovered strongly following a slowdown in the previous year.

Read more

Morgan Advanced Materials set to end year at top end of guidance

5th Nov 2021 07:23

(Sharecast News) - Morgan Advanced Materials said in a trading update on Friday that sales for the first nine months of the year were 8.9% higher on an organic constant-currency basis, compared to the same period last year.

Read more

Morgan Advanced taps Victrex's Richard Armitage for CFO

15th Oct 2021 08:06

(Sharecast News) - Morgan Advanced Materials revealed on Friday that it had appointed Richard Armitage to the role of chief financial officer.

Read more

Morgan Advanced Materials profits rise amid 'broad-based' growth

29th Jul 2021 09:15

(Sharecast News) - Morgan Advanced Materials reported organic constant-currency revenue growth of 4.2% in its first half on Thursday, to £461.2m, with "broad-based growth" across its healthcare, semiconductor, energy and industrial segments, while on a reported basis, revenue was down 3.5% year-on-year.

Read more

Wednesday broker round-up

21st Jul 2021 11:56

(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.

Read more

Liberum starts Morgan Advanced Materials at 'buy', expects strong sales and record margins

21st Jul 2021 11:31

(Sharecast News) - Analysts at Liberum started coverage of Morgan Advanced Materials with a 'buy' recommendation and 470.0p target price.

Read more

Friday broker round-up

2nd Jul 2021 12:50

(Sharecast News) - Informa: Berenberg upgrades to buy with a target price of 640p.

Read more

Morgan Advanced Materials raises FY sales guidance

6th May 2021 08:05

(Sharecast News) - Manufacturing firm Morgan Advanced Materials said on Thursday that sales in the four months ended 31 March were up 2.5%, on an organic constant currency basis.

Read more

Morgan Advanced Materials revenue, earnings down in 2020

4th Mar 2021 09:24

(Sharecast News) - Morgan Advanced Materials reported a 13.2% fall in revenue in its final results on Thursday, or 11.4% at organic constant currency, to £910.7m.

Read more

Morgan Advanced Materials YTD sales decline amid Covid-19 downturn

6th Nov 2020 08:02

(Sharecast News) - Manufacturer Morgan Advanced Materials said on Friday that sales had dropped in the nine months ended 30 September as a result of a broad market downturn amid the Covid-19 pandemic.

Read more

Healthcare and defence sectors help bolster Morgan Advanced Materials

30th Jul 2020 08:24

(Sharecast News) - Morgan Advanced Materials reported an 8.8% fall in revenue on an organic, constant currency basis in its first half on Thursday, to £477.8m, as its financial guidance remained suspended.

Read more

Morgan Advanced Materials to cut costs after slide in sales

5th Jun 2020 07:21

(Sharecast News) - Morgan Advanced Materials said sales for the 21 weeks from 1 January to 24 May were 8.8% lower on an organic constant-currency basis, compared to the same period last year due to the Covid-19 pandemic.

Read more

Friday broker round-up

3rd Apr 2020 12:35

(Sharecast News) - National Grid: Deutsche Bank downgrades to hold with a target price of 910p.

Read more

Morgan Advanced Materials withdraws guidance, suspends dividend

31st Mar 2020 07:39

(Sharecast News) - Morgan Advanced Materials suspended its dividend and withdrew its 2020 guidance on Tuesday due to the coronavirus outbreak.

Read more
2