Porvair sees profits well ahead of last year, snaps up US firm
5th Jun 2013 08:04
Shares of environmental technology firm Porvair rose after it confirmed that it had made a good start to the year and expects to report interim profits well ahead of last year. The Norfolk based company, which makes fuel and coolant filters for commercial aircraft such as the Airbus and Boeing mode
Read moreBright outlook for Porvair
16th Apr 2013 07:20
Environmental technology group Porvair said 2013 had started well with revenue and profit in the last four months both ahead on the previous year. The Norfolk based firm, which makes fuel and coolant filters for commercial aircraft such as the Airbus and Boeing models, said revenue was up 6% in the
Read moreTuesday tips round-up: SThree, Porvair
29th Jan 2013 07:39
Porvair is another of those British industrial companies doing all the right things on the global stage. It makes filters for aviation and energy markets and metals foundries and has increased revenues by an average of 11 per cent a year through the recession. More than half its production is in the
Read morePorvair profit soars in record year
28th Jan 2013 07:29
Environmental technology group Porvair reported a 40 per cent increase in annual pre-tax profit but said while 2013 has started well, with healthy order books, it remains cautious about the general economic outlook. For the year ended November 30th 2012 revenues grew by 12% to a record £76.5m compa
Read morePorvair lifts profit forecasts
26th Sep 2012 11:27
Porvair, the filtration and environmental tech group, has lifted its full year profit forecast as its metals filtration business continues to win market share. The division saw sales 13% ahead of the prior year in the nine months to the end of August, although the growth rate may slow as tougher co
Read moreSmall caps round-up: Autologic, Netcall, Animalcare ...
24th May 2012 13:28
Vehicle services and distribution firm Autologic Holdings is in talks with logistics giant Stobart Group regarding a possible cash offer for Autologic. Netcall, a customer engagement software provider, has continued to trade strongly in the second half of the year, seeing growth across all markets
Read morePorvair hails strong four months
11th Apr 2012 09:30
Environmental technology group, Porvair, said it had made a good start to its 2012 financial year, with pre-tax profits ahead of its expectations. In the four months to the end of March, revenues were 12% ahead of the same period in the prior year. The firm added that during the period order book
Read moreWednesday tips round-up: Carnival, Debenhams, Porvair...
21st Sep 2011 06:41
Carnival revealed higher revenues for its third quarter yesterday, as the cruise operator's North American brands booked strong growth, notes the Investment Column in the Independent. That strength, which saw yields at those brands climb by almost six per cent, helped offset weakness elsewhere. Yet,
Read morePorvair eyes strong interim profit
2nd Jun 2011 07:22
Filter and environmental technologies group Porvair said it had started the year well and expects to report interim profits well ahead of 2010. Revenue growth in the first six months of the financial year is expected to be 6% at constant currency rates, the group said in a company update. Order
Read moreWednesday tips round-up: Home Retail, Cambium, Amlin
6th Apr 2011 06:33
Home Retail was back in the spotlight yesterday after it emerged that a US private equity investor had bought a 4.25% stake in the owner of Argos and Homebase. But with consumer spending likely to be in the doldrums for the rest of this year, the Independent thinks a bid is unlikely and Home Retail
Read morePorvair 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
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