Polypipe reports strong start to the year
25th May 2016 09:45
(ShareCast News) - Polypipe reported a jump in revenue for the first four months of the year and said it was well placed to deliver on its full-year expectations. In a trading update for the four months to 30 April, the FTSE 250 manufacturer of plastic piping systems said revenue rose 32.5% from th
Read moreAnother year of impressive growth for Polypipe
31st Mar 2016 08:16
(ShareCast News) - Polypipe's first full year as a listed company saw more massive growth, with the plastic piping and ventilation systems manufacturer reporting strong increases in revenue and earnings in its final results on Thursday. Revenue at the FTSE 250 firm grew 8% during the calendar year,
Read morePolypipe executives cash in to cover tax liabilities
3rd Dec 2015 15:49
(ShareCast News) - It was another case of directors selling shares to satisfy tax liabilities on Thursday. Polypipe chief executive David Hall and chief financial officer Peter Shepherd sold 2m shares, approximately each to cover their personal tax liabilities. The pair cashed in £3.35m each to cov
Read morePolypipe swings to interim profit
20th Aug 2015 11:55
(ShareCast News) - Plastic piping systems manufacturer Polypipe Group has swung to a profit in the first six months of the year. In the six months to 30 June, the group posted a pre-tax profit of £23.2m compared with the £4.6m loss it recorded in the corresponding period in 2014, when it was hit by
Read morePolypipe completes Nuaire acqusition
18th Aug 2015 14:23
(ShareCast News) - Plastic piping manufacturer Polypipe Group has completed the acquisition of Nu-Oval Acqusitions 1 (Nuaire) from Electra Partners for £145m. The London-listed company had originally announced the agreement to takeover the ventilation provider on 5 August, although the deal remained
Read morePolypipe and Electra agree deal for ventilation company Nuaire
5th Aug 2015 09:15
(ShareCast News) - Electra Private Equity, the FTSE 250 investment group, has agreed to sell its interest in Welsh ventilation systems manufacturer Nuaire to Polypipe Group for a total of £145m. Fully listed Polypipe, which will acquire the Caerphilly-based firm on a debt and cash-free basis using a
Read moreTuesday broker round-up
19th Aug 2014 09:19
Amlin: Deutsche Bank cuts target price from 472p to 461p and reiterates a hold recommendation. Anglo Pacific: FinnCap lowers target price from 184p to 180p retaining a hold recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1057p to 1063p and keeps a buy recommendation. Libe
Read morePolypipe shares priced at 245p
11th Apr 2014 08:02
Manufacturer of plastic pipe systems Polypipe on Friday floated on the London Stock Exchange at 245p a share. The offer price valued the company at £490m, which as it pointed out, makes it eligible to become part of the FTSE index. The company is floting around £294m-worth of shares, totalling ju
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