Nature Group sells loss-making Gibraltar subsidiary for £4m
17th Jan 2017 08:07
(ShareCast News) - Nature Group, a provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, has brought an end to an "unhappy chapter" in its history by selling its loss-making Gibraltar subsidiary, but warned that its losses for the year would
Read moreNature Group rallies on contract win
22nd Dec 2016 12:12
(ShareCast News) - Nature Group has been awarded a "major contract by an international oil company" worth at least £5m for the provision of containerised slop-treatment units in the Central North Sea. The AIM-listed provider of port reception facilities and waste treatment solutions for the oil, mar
Read moreNature Group shares down on disappointing first half
28th Sep 2016 11:23
(ShareCast News) - Port reception facilities and waste treatment solutions provider Nature Group announced its interim results for the six months to 30 June on Wednesday, with revenues of £6.2m, down from £8.3m in the first half of last year. The AIM-traded firm underlying pre-tax loss for the perio
Read moreNature Group widens FY loss, says more work to be done
27th May 2016 11:45
(ShareCast News) - Nature Group says it still has work to do as it posted a wider full-year pre-tax loss of £2.41m, from a loss of £1.44m, even as revenue firmed to £16.27m, from £14.33m. Chairman Berend van Straten said that 2015 was a year in which the group has started to transform, both organisa
Read moreNature Group chairman Nigel Sandy to step down
4th Apr 2016 07:35
(ShareCast News) - Nature Group chairman Nigel Sandy has advised the company's board of his intention to step down. In a statement to the London Stock Exchange on Monday, the AIM-listed maritime and offshore waste company said Sandy will remain as non-executive director until the 2016 Annual General
Read moreNature Group to miss market expectations for 2015
15th Feb 2016 15:15
(ShareCast News) - Nature Group, a provider of port reception facilities and waste treatment solutions, expects full year pre-tax profit to be substantially lower than market expectations, with a trading loss for the year. In a trading update for the year ended 31 December, the company said while sa
Read moreNature Group buys tanker, says deal will generate savings
13th Aug 2015 14:57
(ShareCast News) - Nature Group has acquired a tanker from Ship Invest BV for a total consideration of €3.1m, in a deal that will be funded through a combination of debt facilities from ING Bank and existing cash resources. The vessel has been leased by Nature Group from Ship Invest since 2013 and d
Read moreNature Group proposes maiden dividend
8th May 2014 13:52
Ports and marine pollution expert Nature Group has proposed its maiden dividend after progress across its three divisions. Revenues increased by 52% to £21.78m, underlying earnings before interest, tax, depreciation and amortisation increased by 54% to £2.92m and underlying operating profit increas
Read moreNature Group subsidiary granted permission to re-build facility
11th Apr 2014 12:31
AIM-listed Nature Group, a waste treatment solution provider to the oil, marine and process industries, has said its its subsidiary in Gibraltar, Nature Port Reception Facilities (NPRF), was granted planning permission to re-build its waste oil reception facility at the North Mole. Permission was
Read moreNature Group acquires GEMS to break into US offshore market
3rd Apr 2014 14:00
Marine pollution specialist Nature Group has taken a first step in the US market with the acquisition of a Texas-based rival. Nature said it has spent $1.7m on Global Environmental & Marine Services (GEMS), a waste management firm focused on the oil, gas and maritime market offshore Texas. The c
Read moreTuesday broker round-up UPDATE
14th May 2013 08:04
Babcock International: Jefferies increases target price from 1080p to 1250p and maintains a buy recommendation. Barratt Developments: Bank of America takes target price from 265p to 325p, while downgrading to neutral. Belgravium Technologies: WH Ireland places both its target price and its neutral
Read moreNature Group wins contract for work on Norway oil fields
18th Feb 2013 10:25
Maritime and offshore waste specialist Nature Group announced Monday its Norwegian arm has won a contract with IKM Gruppen AS for operations in Norway. Subsidiary, Nature Oil and Gas, will supply its compact treatment unit (CTU) and associated waste treatment chemicals to support IKM's works at maj
Read moreNature Group drops on full-year guidance
10th Dec 2012 09:02
Shares in AIM-listed maritime waste treatment provider Nature Group tumbled on Monday morning after the firm revealed that it would miss full-year forecasts. The company stated that the results for the year would be materially below market expectations as a result of the delay in completion of a nu
Read moreMonday broker round-up UPDATE
10th Dec 2012 07:10
Andor Technology: Investec moves target price from 450p to 460p, while reiterating its buy recommendation. Antofagasta: Alphavalue downgrades to reduce, while keeping the target price at 1371p. Ashtead Group: Investec target price from 250p to 475p and reiterates its buy recommendation. Atkins: J
Read moreNature Group defers interim dividend payment
24th Sep 2012 14:38
Shares of maritime waste treatment company Nature Group fell after it posted a decline in half year earnings and said it would defer its interim dividend payment. Pre-tax profit fell to £1.01m for the six months to June 30th 2012 from £2.03m for the same period in 2011. Group revenues slipped to £8
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