Small caps round-up: Avocet, Bellzone, Mwana Africa...
28th Jul 2010 11:16
Avocet Mining swung made a profit of $11.1m in the first six months of 2010 compared with a $4.5m loss in the half-year to 30 September, and ramped up gold production by around three quarters to 97,747 ounces. The firm which has changed its year-end, said its Inata mine in Burkina Faso produced 19,
Read moreNorcros 13 Week Revenue To June 27 Up But Cautious On Outlook
28th Jul 2010 07:39
LONDON (Dow Jones)--Norcros PLC (NXR.LN), a home consumer products group, said Wednesday that revenue for the 13 week period to June 27 increased by 16.0% and by 8.7% on a constant currency basis relative to the comparable period last year, reflecting an increase of 11.8% in the group's U.K. operat
Read moreStobart sells shares in family company
23rd Jun 2010 16:59
William Stobart sold 750,000 shares in transport group Stobart Group just in time to take advantage of the old capital gains tax regime. The sale at 145p a share raised £1.09m for Stobart, who is chief operating officer of Stobert Group. This disposal will attract capital gains tax at the rate of
Read moreUPDATE: Norcros Pins Growth Hopes On New Products
22nd Jun 2010 16:34
(Adds CEO comment, detail) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Bathroom fittings group Norcros PLC (NXR.LN) said Tuesday it will continue investing in new products this year in a bid to pick up more market share, as it reported solid improvements in parts of its
Read moreUK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising
22nd Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EASYDATE PLC, an Edinburgh-based internet-dating company, Tuesday said it plans to raise GBP10 million when it lists on London's Alternative Investment M
Read moreNorcros FY 2010 Loss Widens On Costs; Consumer Spend Uncertain
22nd Jun 2010 09:02
LONDON (Dow Jones)--Bathroom fittings group Norcros PLC (NXR.LN) Tuesday said its fiscal 2010 pretax loss more than doubled on the year as rising costs offset higher sales, adding the outlook for consumer spending in the U.K. remains uncertain. Norcros' pretax loss for the year ended March 31 wi
Read moreOverseas businesses hurt Norcros
22nd Jun 2010 07:45
Losses rose sharply at building tiles to showers group Norcros last year as problems overseas offset a strong performance in the UK. Pre-tax losses rose to £10m from £4.8m in the year to March, though sales rose to £170m from £154m. Most of the additional loss reflected a £5.7m write-off in Greece,
Read moreNorcros continues recovery
16th Apr 2010 15:58
Tiles and Triton showers manufacturer Norcros says trading is continued to improve in the last few weeks of its financial year. Revenues should rise from £154.2m to £169m in the year to March 2010. Trading profit should be flat at £7.1m but last time's pre-tax and pre-exceptional profit of £2.9m w
Read moreSector movers: Balfour Beatty profits rise lifts construction stocks
12th Aug 2009 13:14
The construction and materials sector is going well after engineer Balfour Beatty posted a rise in pre-tax profits and revenues. Revenue climbed to £5.1bn from £4.3bn over the same period the previous year as pre-tax profit before exceptional items rose to £108m from £95m. The interim dividend cli
Read moreNorcros trading still tough as Ireland struggles
12th Aug 2009 08:17
Norcros, the company behind Triton showers, said trading remains tough as poor sales in Ireland continue to impact overall revenues. While sales of the showers stabilised in the UK in the 18 weeks to 2 August, rising 3.2%, export revenues, representing about 17% of total sales fell by 22.9%, due to
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