Plexus invests for further growth after record full year results
23rd Oct 2013 11:22
Market demand for its Pos-Grip offshore oil drilling technology drove strong full-year revenue and profit growth ahead of forecasts at engineer Plexus. Profits before tax gushed 38% to £4.3m from sales that spurted 30% higher to £25.6m in the year to end-June, leading to 24% earnings growth to 3.69
Read morePlexus signs contract to supply wellhead system to DetNor
10th Jun 2013 09:05
AIM-listed hydrocarbon engineering services business Plexus has signed a new contract for two wells with oil and gas companyDet Norske Oljeselskap ASA (DetNor), an update issued by the company has shown. The deal will see Plexus supply its POS-GRIP High Pressure High Temperature wellhead system for
Read morePlexus Holdings secures additional 1.0m-pound well order
23rd May 2013 14:58
Plexus Holdings, the AIM-listed oil and gas engineering services business, has received a purchase order worth approximately 1.0m pounds from oil and gas company Gaz de France Suez E&P UK (GDF) to supply its POS-GRIP High Pressure High Temperature wellhead system for exploration activities in the UK
Read morePlexus Holdings founder named Entrepreneur of the Year
1st Feb 2013 11:17
The Chief Executive Officer and founder of oil and gas engineering group Plexus Holdings was awarded Entrepreneur of the Year at the 2013 Grant Thornton Quoted Company Awards, the company announced Friday. Ben Van Bilderbeek picked up the prize this week at the Natural History Museum in London. "I
Read moreDeparting Xstrata CFO sells hefty chunk of shares post-exercise
6th Dec 2012 16:23
Trevor Reid, the soon-to-depart Chief Financial Officer of mining group Xstrata, has traded in 1.44m shares after deciding not to take up the equivalent of his current position at the enlarged company following the merger with Glencore International. Reid, who sold the shares post-exercise, dispos
Read moreDiageo CEO reduces stake further
22nd Nov 2012 16:17
The Chief Executive Officer of Diageo, the FTSE 100 drinks giant, has sold another slice of his stake in the company, reducing his holding to 729,582 shares. Paul Walsh, who was appointed to the role of CEO in 2000, traded in 20,000 shares for 1,850.00p each, worth a total of £370,000. The trans
Read morePlexus spurts upwards on two million pound contract win
22nd Oct 2012 10:43
Plexus, the Aim-listed oil and gas engineering services business, rose following news that it has secured a two million pound contract to supply its well-head equipment to Lundin Norway, a Norwegian oil and gas operator. The equipment supplied will be its high pressure high temperature (HPHT) pos-g
Read morePlexus hikes dividend
16th Oct 2012 09:42
Plexus Holdings, an oil and gas engineering services business, said it was hiking its dividend after reporting record results for the year. The firm is pushing its final dividend up 16.3% to 0.5p per share. Revenues came in at £19.71m for the year to the end of June, up 27.8% on 2011. The firm sa
Read moreContract wins round-up: LO-Q, Motive TV, Plexus ...
11th Oct 2012 09:50
Lo-Q has announced its second contract win of the week, as an unnamed major US theme park operator has signed up to use the firm's virtual queueing system at two sites in the US. Revenue associated with the agreement is expected to scale gradually, over time. In addition, the deal grants that Lo-Q's
Read morePlexus Holdings to smash market expectations
9th Oct 2012 09:59
Trading at Plexus Holdings, an AIM quoted oil and gas engineering services business, has exceeded management's expectations, with full year earnings in the 12 months ended June 30th now expected to be ahead of market expectations. The firm said post-tax profits and earnings per share are expected
Read moreContracts round-up: Wincanton, Plexus, Sportech ...
8th Oct 2012 09:33
Logistics firm Wincanton has been awarded a multi-million pound five-year contract by supermarket group Morrisons to operate its first ever dedicated UK convenience distribution centre in London. The contract is for combined warehouse and transport operations, supported by Wincanton's system platfor
Read morePlexus wins four-year contract with Brunei Shell Petroleum
1st Oct 2012 10:00
Plexus Holdings, the oil and gas engineering services business, has won a four-year contract to supply equipment to Brunei Shell Petroleum. The value of the initial contract is estimated to be worth approximately two million pounds over the next 18 months, dependent on the number of wells drilled.
Read morePlexus wins relief well contract
26th Jun 2012 10:42
Plexus said it had secured a multi-million pound contract with an unnamed oil and gas major to supply relief support in the North Sea. The firm estimates that the agreement, which is subject to finalisation of contract terms, is likely to be worth in excess of £6m with revenues starting in July 201
Read morePlexus adds two new partners to project
19th Jun 2012 14:02
Plexus Holdings has bagged a couple of big names in the oil business to help on its project to develop and commercialise a new and safer sub-sea well-head in response to the Macondo tragedy in the Gulf of Mexico. The AIM quoted oil and gas engineering services business, announced that Eni, an Itali
Read moreSmall caps round-up: Brainspark, Sky High, Plexus
4th May 2012 11:51
Sky High, a data collection and analysis group, has been awarded a three year framework agreement by Transport Scotland. The agreement, for an undisclosed sum, is for the collection and collation of a range of transport and land use data. Sky High has partnered IBI Group for the contract, although S
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