Polypipe revenue up 4.5%; sees FY in line
20th Nov 2018 07:44
(Sharecast News) - Pipe maker Polypipe Group on Tuesday reported a 4.5% rise in revenue to £365.9m in the 10 months to end of October driven by organic growth in its residential systems unit.
Read moreFTSE 250 movers: Travis Perkins falls apart while Just Group ripens
26th Oct 2018 14:45
(Sharecast News) - London's FTSE 250 was down 0.72% to 18,398.42 in afternoon trade on Friday, as the index's tech companies faltered.
Read moreFriday broker round-up
26th Oct 2018 12:16
(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.
Read morePolypipe buys Manthorpe Building Products for £52m
25th Oct 2018 07:04
(Sharecast News) - Polypipe said it was buying Manthorpe Building Products, which makes moulded and extruded plastic and metal products for the UK and Irish markets for £52m on a cash and debt free basis.
Read morePolypipe buys Permavoid for up to £16.5m
3rd Sep 2018 07:39
(Sharecast News) - Polypipe announced the acquisition on Monday of surface water management solutions supplier and designer Permavoid for up to £16.5m, in a deal that is expected to be earnings enhancing in its first full year after completion.
Read moreTuesday broker round-up
14th Aug 2018 13:24
(Sharecast News) - Elementis: Berenberg upgrades to buy with a target price of 315p.
Read morePolypipe confident in second half as it recovers from Carillion collapse
14th Aug 2018 07:23
(Sharecast News) - Plastic piping and ventilation systems manufacturer Polypipe Group issued its unaudited interim results for the six months ended 30 June on Tuesday, reporting results in line with expectations, with revenue eking out gains of 0.1% year-on-year to £210.2m.
Read morePolypipe's revenues rise, no adverse impact from EU referendum
15th Nov 2016 07:58
(ShareCast News) - Plastic piping systems manufacturer Polypipe's revenues were up, as the EU referendum did not have an adverse affect on sales and orders, while it anticipates it will meet full-year expectations. For the 10 months ended 31 October, revenue increased 23.7% to £370.3m, compared to t
Read moreDirector dealings: Polypipe chairman splashes out as shares drip lower
19th Sep 2016 14:45
(ShareCast News) - Polypipe chairman Ron Marsh has splashed out £209,138 a month after a the plastic pipe maker's record first-half results failed to inject much sustained momentum in the shares. Marsh, long-time director of packaging group RPC who joined the Polypipe board in 2014, bought 75,000 sh
Read moreSector movers: Big Oil, Industrial Metals pace gains on heels of G-20
5th Sep 2016 15:21
(ShareCast News) - Big Oil again lent its heft to the market´s advance after Russia and Saudi Arabia unveiled an agreement to collaborate in the energy space. In a statement issued at the Group of 20 meeting in Hangzhou,China the oil producers said they would set up a working group to monitor the ma
Read moreWednesday broker round-up
17th Aug 2016 21:35
(ShareCast News) - Polypipe: Berenberg maintains buy with a 360p target. Vodafone: Jefferies reiterates buy with a 260p target. Standard Chartered: HSBC downgrades to hold with a 650p target. Prudential: Goldman Sachs keeps at buy with a target price of 1750p. WPP: Berenberg reiterates hold with
Read moreSector movers: Construction sector finds a bid, insurers off
17th Aug 2016 13:49
(ShareCast News) - Insurance stocks dragged on the London equity market after Admiral reported a drop in its so-called Solvency II coverage ratio at the half-year stage from 206% to 180%, courtesy of a large drop in interest rates which in turn boosted its liabilities, particularly in the case of it
Read moreWednesday newspaper share tips: Polypipe, Antofagasta
17th Aug 2016 12:27
(ShareCast News) - Polypipe should not be affected by the result of the EU referendum, as its trading performance during the first half of the year attests, according to the Financial Times' Lex. Indeed, sales at the FTSE 250-listed manufacturer of plastic piping systems - of which environmental
Read morePolypipe posts record operating margin in first half
16th Aug 2016 07:26
(ShareCast News) - Plastic piping and ventilation systems manufacturer Polypipe Group announced its half year unaudited results for the six months to 30 June on Tuesday, with revenue 31% higher at £223.3m. The FTSE 250 firm said its UK revenue for the period was 8.1% ahead, excluding acquisitions, w
Read moreSector movers: US jobs data gives cyclicals a boost
5th Aug 2016 15:30
(ShareCast News) - The wheels of the market turned in favour of cyclicals at the end of the week, following the release of a much stronger-than-expected reading on the state of the US jobs market. Although economists still appeared to be somewhat divided on whether the US central bank would finally
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