Omega Diagnostics FY Pretax Profit GBP0.2M On Revenue GBP6.2M
16th Jul 2010 07:46
LONDON (Dow Jones)--Omega Diagnostics Group PLC (ODX.LN), a medical diagnostics company, said Friday that for the year ended March 31, it made a pretax profit of GBP0.2 million on revenue of GBP6.2 million. MAIN FACTS: -Turnover up 14% to GBP6.2 million (2009: GBP5.4 million) -Gross prof
Read moreSmall caps round-up: Angel Bio, AFC, Seeing Machines...
13th Apr 2010 14:06
Contract bio-manufacturing company Angel Biotechnology saw an almost four-fold increase in the value of contracts signed in 2009, as its revenue surged 55% to £1.48m from £0.95m in 2008. Loss before tax narrowed to £0.75m from £1.09m the year before. "The business development activities are delive
Read moreLondon close: Modest gains for FTSE 100
11th Dec 2009 16:55
Footsie finished the week with modest gains as miners rallied following strong economic data from China. Industrial production growth in China rose again in November to hit 19.1% year-on-year. It is fastest pace of growth in industrial production since June 2007. In UK economic news, factory ga
Read moreLondon afternoon: China data lifts miners
11th Dec 2009 14:30
Mining stocks are more than offsetting losses on banks, as metal prices pick up following some strong economic data from China. Industrial production growth in China rose again in November to hit 19.1% year-on-year. It is fastest pace of growth in industrial production since June 2007. In UK eco
Read moreLondon midday: Steady gains for Footsie
11th Dec 2009 12:19
London had has a good morning with mining stocks helping Footsie post gains as metals prices rally following some strong economic data from China. Industrial production growth in China rose again in November to hit 19.1% year-on-year. It is fastest pace of growth in industrial production since Jun
Read moreTeething problems at Omega
11th Dec 2009 08:56
Shares in medical diagnostics group Omega Diagnostics were looking poorly Friday morning after technical problems with a new manufacturing process prompted a profit warning. The group has had to abandon its new non-contact printing system for manufacturing protein spot slides for processing by its
Read moreSmall caps round-up: Allocate, Omega Diagnostics, Forum...
27th Nov 2009 14:04
Workforce optimisation software company Allocate Software is to acquire Time Care, a Swedish rival focused on the healthcare markets, for around £8.7m. The acquisition is expected to be 'significantly earnings enhancing' in the first full year of ownership. The company intends to fund the acquisiti
Read moreLondon close: Oil fired Footsie
19th Oct 2009 17:10
Boosted by a bright start on Wall Street equities finished the day with a flourish in London with the FTSE 100 index close to racking up a triple digit gain. Energy stocks saw some late interest as the price of oil moved higher. At midday in New York the price of the most widely traded oil futures
Read moreLondon afternoon: Shares consolidate gains
19th Oct 2009 14:39
After racing off to a fast start leading equities have largely consolidated the gains made in the first hour of trading. Property stocks are among the best performers after a positive note on the sector from Evolution Securities, which has upped its ratings for British Land, Liberty International
Read moreLondon midday: More gains for Footsie
19th Oct 2009 12:14
Mining and property stocks have sparked another strong morning for the FTSE 100 index. Miners Fresnillo, Kazakhmys, Vedanta, Anglo American, Xstrata and Antofagasta are leading the way. Property stocks are lifted by a positive note on the sector from Evolution Securities, which has upped its rat
Read moreLondon open: Bright start as buyers keep at it
19th Oct 2009 08:34
London's blue chips are storming forward again helped by another possible bid emerging for National Express and a lack of anyone selling. Only five Footsie stocks are currently in the red with Cable & Wireless the worst performer, but it is down less than 1%. Fresnillo,Vedanta and British Land are
Read moreOmega Diagnostics gets bid approach
19th Oct 2009 07:56
Medical diagnostics company Omega has confirmed it has received a preliminary approach that may lead to an offer for the company. Omega's statement follows a jump of more than 50% in the share price in recent weeks. In its most recent trading update on 9 October, Omega said turnover in the six mon
Read moreSmall caps round-up: Quintain Eastates, Daisy, Vyke...
9th Oct 2009 09:19
Property developer Quintain and its joint venture partner Lend Lease Europe have sold the 999 year lease of the Millennium Dome, for £24m to Trinity College, Cambridge. As a 49% shareholder in the Dome, which is now known as the O2 Centre, Quintain will get £11.8m which, together with other trans
Read moreSmall caps round-up: Petards, Gemstones, Norman Hay...
25th Sep 2009 08:43
Security and surveillance systems firm Petards saw profits drop for the half year but said the outlook for the second half is stronger with full year profits seen in line with expectations. Profit before tax was £242,000 against £305,000 in the same period last year on revenue that slumped to £6.6m
Read moreProfits take off at Omega Diagnostics
7th Jul 2009 12:19
Medical diagnostics firm Omega Diagnostics is at its best levels since last October as acquisitions helped turnover jump 56% and profits more than double. The firm, which tests for specific infectious and autoimmune diseases, posted a pre-tax profit of £266,893 for the year ended 31 March 2009, up
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