Porvair profits ahead of expectations
5th Apr 2011 12:55
Shares in Porvair jumped after the filtration and environmental technology group said pre-tax profits in the four months to 31 March are ahead of expectations following a good start to 2011. Revenues are up about 8% from the same period a year ago, borrowings have reduced and the order books have s
Read moreNational Grid boss buys more shares
2nd Feb 2011 17:27
National Grid's chairman Sir John Parker today spent nearly £110,000 building up his stake in the power and gas grid operator. He bought 20,000 shares at 549.5p a time and now has 134,712. National Grid said that its operating profit is "significantly ahead of last year" in its trading statement f
Read morePorvair benefits from metals filtration turnaround
25th Jan 2011 13:25
Shares in filtration and environmental technology supplier Porvair have fallen even though it reported strong growth in profit in the year to November 2010. Pre-exceptional profit grew from £1.72m to £3.13m on revenues that rose 15% to £63.6m. Much of that profit improvement has come from the retu
Read moreLondon close: Footsie advances as takeover activity excites
6th Dec 2010 16:56
Shares closed with decent gains as bid activity and higher oil prices whetted investor appetites. There has been no shortage of takeover news to keep traders occupied on an otherwise fairly quiet day. FTSE 250-listed De La Rue was the star performer. The banknote printer enjoyed a second wind Mond
Read moreLondon afternoon: Oil stocks give a lift
6th Dec 2010 14:24
Leading shares are mixed but the Footsie is clinging on to positive territory, largely on the strength of oil stocks, which advance as the price of crude oil moves to levels not seen in more than two years. There has been no shortage of takeover news to keep traders occupied on an otherwise fairly
Read morePorvair to beat expectations
6th Dec 2010 14:22
Filtration and environmental technologies supplier Porvair says that its full year figures will be better than expected due to strong fourth quarter trading. Revenues, based on unchanged exchange rates, will be 15% higher and pre-tax profit well ahead of the previous year. Both divisions grew th
Read moreSmall caps round-up: Huntsworth, Porvair
19th Nov 2010 15:31
Shares in public relations outfit Huntsworth fell back after it said some of the revenues it had expected to come in this year will be delayed until 2011. It also announced that finance director Tymon Broadhead is stepping down to be replaced by Colin Adams, currently finance boss at the Harry Pott
Read moreSmall caps round-up: ASOS, Japan Leisure Hotels, Vertu Motors......
28th Sep 2010 17:12
Non-executive director Karen Jones has taken advantage of the recent ASOS share price dip to buy 4,500 shares in the online fashion retailer. She acquired the shares at £10.98 each. Japan Leisure Hotels, which rents rooms in Japanese hotels by the hour, is trading at little more than half of its u
Read moreLondon close: Footsie makes round trip
14th Sep 2010 16:52
Footsie finished the day as it started it, marginally in positive territory, but for much of the day it languished in the red, as investors turned their attention to gold. The most actively traded contract in the yellow stuff has risen to a record high of $1,269.50 an ounce in New York trading, as
Read moreLondon afternoon: Public sector gloom lifts a little
14th Sep 2010 14:11
The afternoon session has been much like the morning one with Footsie drifting sideways. There has been some focus on companies that rely, in part, on contracts from the public sector, and the feeling is that the worries about the government tap being turned off may have been overdone. Telecoms
Read moreSector movers: Porvair breathes life into alternative energy
14th Sep 2010 13:14
The alternative energy sector is a strong performer with specialist filtration group Porvair going well it said full year results are expected to be well ahead of expectations. The group, which provides equipment for the aviation and energy sectors, said revenue in aviation started to recover in th
Read moreLondon midday: Busy going nowhere
14th Sep 2010 12:02
Footsie has been unable to make early gains stick and despite the strength of resource stocks is hovering close to its starting point for the day. Inflation data did little to boost sentiment, with the annual inflation rate remaining unchanged at 3.1% in August against expectations of a slight eas
Read morePorvair sees FY well above forecasts
14th Sep 2010 08:24
Shares in specialist filtration firm Porvair stormed ahead after it said full year results are expected to be well ahead of expectations. The group, which provides equipment for the aviation and energy sectors, said revenue in aviation started to recover in the third quarter and aviation order in
Read moreSmall caps round-up: Northern Bear, Airsprung, Pursuit Dynamics...
29th Jun 2010 11:03
Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago. "The board is pleased to announce that the new financial year has started well, with strong order books and a healthy
Read morePorvair 1H Pretax Profit GBP1.3M Vs Loss, Ups FY Profit Views
29th Jun 2010 08:06
LONDON (Dow Jones)--Porvair PLC (PRV.LN), a specialist filtration and environmental technology group said Tuesday, it made pretax profit of GBP1.3 million for the half year ended May 31, compared with loss of GBP0.6 million, and said profitability expectations for the full year results have been rev
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