OMG confident after good start to new year
24th Feb 2014 16:30
Motion capture and computer vision expert OMG saw its shares rise after it assured it has made a good start to its new year and expects first half revenues to top last year´s, with adjusted profits remaining broadly pegged. At the company's AGM, Anthony Simonds-Gooding, Chairman of OMG, said that
Read moreOMG posts full-year loss
5th Dec 2013 08:48
- Books full-year loss - Cautiously optimistic as global economy improves - Increases dividend by 14 per cent Technology group OMG reported a pre-tax loss for the full-year compared to a profit the year earlier as it enters the year ahead with cautious optimism as the global economic outlook shows
Read moreBroker tips: BAE Systems, Old Mutual Group, Coca Cola HBC
8th Nov 2013 14:25
Investec downgraded its rating of BAE Systems from 'buy' to 'hold' amid concerns of the over a Saudi jet fighter deal. The broker said it worried negotiations over a Saudi order for 72 Typhoon jet fighters, known as the Salam deal, could fall through. "BAE remains relatively inexpensive, while con
Read moreBroker snap: Old Mutual retained at overweight by Barclays
8th Nov 2013 12:22
Old Mutual's Group Operating Officer, Paul Hanratty, revealed positive signs in South Africa whilst speaking at an event hosted by Barclays on Thursday evening. Shareholders can expect to begin to see value appear from its operations in the rest of Africa within the next five years, Hanratty said.
Read moreThursday tips round-up: Old Mutual, Persimmon
7th Nov 2013 08:00
Shares of Old Mutual have done poorly since The Times' Tempus column last took a look at it and management is frustrated, but progress has been made: so buy, says Tempus. The firm's performance is being weighed on by the recent sharp fall in the South African rand. About three quarters of Old Mutual
Read moreOMG warns on profits as government shutdown impinges
23rd Oct 2013 08:36
Computer image understanding group OMG has warned full year profits would be lower than previous expectations after its film and gaming division suffered challenging conditions. The AIM-listed company, which also serves the defence, life science and engineering industries, said underlying pre-tax
Read moreOMG logs half year loss
30th May 2013 07:45
Technology group OMG reported a half year loss compared to a profit a year earlier as US spending cuts delayed the timing and shape of several deals. The motion capture specialist for the entertainment, defence, life science and engineering industries, posted an adjusted loss before tax of £0.2m fo
Read moreOMG hikes divi after good year
6th Dec 2012 13:53
Motion capture specialist OMG hailed a 'straightforwardly good 12 months' as revenues and profits came in above market expectations. Group revenue was up by 11.9% to £29.5m, while adjusted profit before tax almost tripled to £3.0m. The company proposed increasing its dividend by 17% to 0.35p after
Read moreOMG to beat forecasts this year - UPDATE
22nd Oct 2012 08:51
OMG, a specialist in imaging software, saw its share price soar on Monday morning after saying that its full-year results will be 'ahead of current market expectations'. In an statement covering the full year ended September 30th, OMG said that it had built on a strong first-half performance by tra
Read moreSmall caps round-up: Craven House Capital, OMG, AEC Education
24th Sep 2012 11:21
Craven House Capital has agreed to purchase 490 shares in Ceniako, equal to 49 per cent of Ceniako's total issued share capital, from its owner. The shares are being bought at around 2,040 euro per share, equal to a total of one million euro. Ceniako's owner will subscribe for 62.89m new ordinary sh
Read moreOMG unveils big contract win
6th Feb 2012 09:45
Imaging software provider OMG has announced that its Yotta DCL division, the UK's leading highway surveying company, has signed a four-year contract with the Highways Agency. The contract, which carries the option to renew for a further year, is expected to be worth £2.27m over the life of the con
Read moreLondon close: More gains for FTSE 100
19th May 2011 16:48
Stocks finished with good gains again, though slightly off earlier highs, on a busy company news day. Shares in Investec rose sharply after the asset manager posted a rise in profits in the year to 31 March. The company, which operates in South Africa, the UK, Australia and other markets, said oper
Read moreSector movers: Lamprell update boosts oil services
19th May 2011 16:43
Lamprell is leading the oil services sector higher after it announced the proposed acquisition of United Arab Emirates-based firm Maritime Industrial Services (MIS) for a total consideration of $336.1m (£208.1m). MIS is an engineering and contracting group focused on the energy sector, which recor
Read moreOMG revenues hit by delays
19th May 2011 11:11
Investors in OMG may have been shreiking the company's initials in exasperation after the imaging software group said revenues in the half year to 31 May were hit by a project delays. The company, which has been involved in films such as The Chronicles of Narnia and Gulliver's Travel's, posted an a
Read morePace bosses invest after share slump
9th Mar 2011 16:26
Directors at Pace took advantage of a sharp fall in the set-top box maker's share price yesterday to add to their stakes in the company. The shares fell sharply after figures for 2010 showed that hefty one-off costs cut profits growth to a minimum. The BSkyB supplier also said that a US customer ha
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