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.

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MAM FY profit rises on margins; Sees H1 hit from Coronavirus

25th Feb 2020 08:05

(Sharecast News) - Specialist materials maker Morgan Advanced Materials reported a rise in full year profits on margins boosted by better sales and cost efficiencies.

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Director dealings: Morgan Advanced Materials director ups stake

12th Nov 2019 16:31

(Sharecast News) - Morgan Advanced Materials revealed on Tuesday that non-executive director Clement Woon purchased 45,281 ordinary shares in the FTSE 250-listed electrical components firm.

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Morgan Advanced Materials remains on track as sales inch higher

8th Nov 2019 07:07

(Sharecast News) - Morgan Advanced Materials on Friday said it remained on course to meet full-year expectations after improvements to sales and margins in the year to date.

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Wednesday broker round-up

9th Oct 2019 12:51

(Sharecast News) - Volution Group: Peel Hunt upgrades to buy with a target price of 200p.

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FTSE 250 movers: PageGroup plummets, Electrocomponents climbs

8th Oct 2019 14:44

(Sharecast News) - London's FTSE 250 was down 0.96% at 19,234.77 in afternoon trade on Tuesday, as PageGroup led the index lower.

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Morgan Advanced Materials Q1 sales in line with guidance

10th May 2019 07:27

(Sharecast News) - Morgan Advanced Materials said first quarter trading was in line with expectations as the company maintained its full year guidance.

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Morgan Advanced Materials FY lower after LatAm, China closures

26th Feb 2019 09:18

(Sharecast News) - Full year pre-tax profits at Morgan Advanced Materials fell as the company reported exceptional charges after closing businesses in Brazil, Venezuela and China.

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Morgan Advanced sells off lossmaking unit

21st Nov 2018 11:38

(Sharecast News) - Morgan Advanced Materials has sold its Composite and Defence Systems for £2m cash and £1.5m in January, with the company keeping economic benefit of certain assets and certain liabilities.

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Morgan Advanced Materials completes refinancing with £200m facility

28th Sep 2018 09:41

(Sharecast News) - Morgan Advanced Materials has entered into a new banking financing agreement to replace its existing facility, it announced on Friday which was due to mature in October 2019.

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Morgan Advanced Materials rallies on Berenberg upgrade

6th Aug 2018 11:15

(Sharecast News) - Morgan Advanced Materials rallied on Monday as Berenberg upgraded its stance on the stock to 'buy' from 'hold' and upped the price target to 420p from 330p as it said the first half results showed significant progress.

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Friday broker round-up

27th Jul 2018 13:14

(Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p.

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Morgan Advanced Materials lifts expectations after first half performance

26th Jul 2018 10:57

(Sharecast News) - Morgan Advanced Materials posted a 0.6% rise in its first-half revenue for the six months to 30 June on Thursday, to £521.8m, or a 7.8% improvement based on constant currencies.

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Morgan Advanced Materials to offload rotary business to Moog for €40m

17th Feb 2017 07:03

(ShareCast News) - Manufacturer Morgan Advanced Materials is to sell its Europe-based rotary transfer systems business to Moog, a US manufacturer of motion and fluid control systems, for about €40m on a cash and debt free basis. The sale is in line with the FTSE 250 company's strategy to simplify it

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Merrill Lynch upgrades Spectris and Spirax, prefers Smiths Group

11th Jan 2017 11:40

(ShareCast News) - Engineering shares were boosted by a note from Bank of America Merill Lynch that upgraded Spectris and Spirax-Sarco Engineering but said Smiths Group was its preferred UK name in a sector where investors are looking to rotate towards cyclical stocks. While positive data indicators

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