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 moreMorgan 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 moreFriday broker round-up
3rd Apr 2020 12:35
(Sharecast News) - National Grid: Deutsche Bank downgrades to hold with a target price of 910p.
Read moreMorgan 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 moreMAM 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.
Read moreDirector 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.
Read moreMorgan 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.
Read moreWednesday broker round-up
9th Oct 2019 12:51
(Sharecast News) - Volution Group: Peel Hunt upgrades to buy with a target price of 200p.
Read moreFTSE 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.
Read moreMorgan 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.
Read moreMorgan 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.
Read moreMorgan 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.
Read moreMorgan 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.
Read moreMorgan 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.
Read moreFriday 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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