London afternoon: Miners and techs in demand
1st Feb 2011 14:15
Shares added to the morning's gains over the lunchtime session, buoyed by the prospect of a firm start on Wall Street. Miners lead the advance, after strong growth in Chinese manufacturing in January, though technology stocks are also in demand. Mining giant Xstrata produced more coking coal, sem
Read moreMatchtech to miss full year expectations
1st Feb 2011 10:44
Shares in technical staff provider Matchtech fell after it said that full-year profits are likely to fall short of expectations by about 20%. It said that the lower profits are due to a lower than expected contribution from its Professional Services division and increased investment. Revenues to
Read moreMatchtech's public sector concerns
5th Aug 2010 15:37
Technical staff provider Matchtech is trading in line with expectations but there are concerns that 50% of the business is exposed to the public sector. Revenues fell 14% to £26m in the year to July 2010. Most of that decline came in the first half. There was a sharp fall in permanent revenues in
Read moreMatchtech Group Signs Contract Extension With Xchanging, BAE Systems
2nd Aug 2010 08:24
LONDON (Dow Jones)--Matchtech Group Plc (MTEC.LN), a specialist in technical recruitment announced Monday the signing of an extension to its contract until the end of December 2012 with business process outsourcer Xchanging Procurement Services Ltd (XCH.LN) and its client BAE Systems Plc (BA.LN).
Read moreMatchtech raises expectations
8th Apr 2010 14:48
Recruitment firm Matchtech expects its full year results to be slightly ahead of market expectations as it sees signs of increased activity in some of the sectors it covers. The company saw profit before tax slide to £4.52m in the six months to 31 January 2010 from £6.34m in the corresponding perio
Read moreMatchtech cautiously optimistic
20th Nov 2009 08:01
Technical recruitment firm Matchtec is seeing some signs of improved confidence in the sectors it serves. Permanent placement levels have held relatively steady over the last six months while the number of contractors on assignment is now 6% higher than it was at the end of July. Despite the encou
Read moreSmall caps round-up: New Britain Palm Oil, Baobab, Rockhopper
8th Oct 2009 09:02
New Britain Palm Oil, which produces the oil in Papua New Guinea, has signed a five-year agreement to supply palm oil products to Ferrero, the firm that makes Ferrero Rocher chocolates. Baobab Resources is up following a "very encouraging" scoping study undertaken for its Tete magnetite (iron / van
Read moreSmall caps round-up: IndigoVision, Minorplanet, Highland Gold...
6th Aug 2009 11:46
IP security systems provider IndigoVision said improving operating margins for the year will help operating profits for the year to finish "materially ahead" of market expectations. The group said it experienced strong sales, particularly in the final month. As a result, it estimates turnover for t
Read more