Photonstar to put struggling LED business into administration
31st Oct 2018 08:09
(Sharecast News) - PhotonStar called together shareholders on Wednesday to vote on putting its legacy LED subsidiary into liquidation.
Read morePhotonStar inks partnership agreement with 'major' UK housing association
19th Oct 2018 09:38
(Sharecast News) - British group PhotonStar LED has entered into a partnership with an unnamed "major housing association" in the south of England to help deliver the association's Smart Estates vision.
Read moreMonday broker round-up
1st Oct 2018 13:30
(Sharecast News) - Barclays: Berenberg upgrades to buy with a target price of 220p.
Read morePhotonStar results darkened by Brexit
30th Jan 2017 08:29
(ShareCast News) - Intelligent lighting and building control designer and manufacturer PhotonStar LED Group announced a trading update for the year to 31 December on Friday. The AIM-traded company said it experienced challenging trading conditions in the second half of 2016, and as such the group's
Read morePhotonStar's H1 revenue falls and pre-tax loss widens
16th Sep 2016 07:47
(ShareCast News) - PhotonStar's half-year revenues fell and pre-tax loss widened amid significant price reductions from competitors in its traditional lighting business, which led to the company´s decision to restructure that unit during the first quarter. However, management sounded an optimistic n
Read morePhotonStar LED supply contract cancelled
11th Dec 2015 10:24
(ShareCast News) - PhotonStar LED has terminated the supply contract with a UK-based electronics company that was announced in July. The company, which designs and manufactures smart LED lighting solutions, insisted that only a small amount of revenue was actually generated from this contract and sa
Read morePhotonStar LED shares up as firm sees profits in H2
21st Aug 2015 15:01
(ShareCast News) - PhotonStar LED shares were boosted after management indicated it would deliver a profit in the next half of the year. At 1508 BST shares in the AIM-listed lighting specialist were up by 18.30% to 4.88p. While PhotonStar posted a first half loss of £0.6m, the same was the year bef
Read morePhotonStar LED Group secures contract for its Camtronics Vale business
27th Jul 2015 11:27
(ShareCast News) - PhotonStar LED Group jumped on Monday after securing a contract to supply its Camtronics Vale manufacturing business. The group will provide its Camtronics business, a manufacturer for electronic components, to a UK-based professional electronics company for one year. The amount
Read morePhotonStar LED's full-year loss widens due to strong price competition
29th May 2015 14:25
Photonstar LED Group's full-year results were hurt by "significant" price reductions from competitors in its fixed lighting business. As a result, revenues fell 23.7% to £7.2m and losses before tax increased to £1.57m from £0.73m the year before. Sales of light LED luminaires fell 18% to £6.9m, whi
Read morePhotonstar warns on revenue, predicts full-year loss
29th Oct 2014 11:44
Shares in AIM-listed Photonstar lost a third of their value on Wednesday after warning on revenues and predicting a loss for the year. The group explained that sales of fixed white lighting products for the year had been lower than previously indicated and that several large lighting domestic and ex
Read moreSector movers: Domino Printing sinks electricals, Croda weighs on chemicals
24th Jun 2014 13:40
Heavy falls from Domino Printing and Croda International sank the electrical and chemical sectors on Tuesday, as results from both companies disappointed the market. Shares in Domino Printing, which develops inkjet, laser and thermal printing products, were down nearly 19% this afternoon after the
Read morePhotonstar posts lower FY losses but margins fall
27th Mar 2014 12:34
Lighting manufacturer Photonstar reported lower annual losses, but gross margins fell and costs rose. Photonstar, which combines LED lights, sensors and controls in intelligent lighting for commercial and architectural uses, said it had a particularly strong second half after a difficult first six
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