Ricardo meets forecasts with full-year profits, but order intake slips

11th Sep 2024 10:24

(Sharecast News) - Ricardo has delivered annual results broadly in line with market forecasts, with solid growth in underlying profits, with the engineering, environmental and strategic consultancy services company expressing confidence heading into the new financial year.

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Ricardo ends financial year with strong momentum

31st Jul 2024 10:36

(Sharecast News) - Shares in Ricardo were advancing on Wednesday the environmental and engineering consultancy said it saw a recovery in profitability in the second half, and has entered the new financial year in a strong position.

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Sunday share tips: Dr Martens, Ricardo

18th Apr 2021 12:04

(Sharecast News) - The Sunday Times's Sam Chambers advised readers to "avoid" shares of Dr Martens, cautioning of the potential long-term pitfalls of its current focus on profitability.

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Ricardo cuts jobs as business slips to second half

11th Nov 2020 10:20

(Sharecast News) - Ricardo said it cut 120 jobs as the engineering group warned business would be weighted towards the second half of the year.

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Tuesday broker round-up

28th Jul 2020 13:53

(Sharecast News) - Renishaw: Morgan Stanley downgrades to equal weight with a target price of 4,500.0p.

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Ricardo warns of material coronavirus profit impact

25th Feb 2020 10:07

(Sharecast News) - Ricardo has warned that the coronavirus outbreak will have a "material" impact on annual profit after the virus hit the engineering consultant's orders and projects.

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Tuesday broker round-up

21st Jan 2020 12:47

(Sharecast News) - Ricardo: Berenberg upgrades to hold with a target price of 770p.

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Thursday broker round-up

13th Sep 2018 13:19

(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.

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Ricardo enjoys record orders and revenue boost

13th Sep 2018 08:30

(Sharecast News) - Engineer Ricardo on Thursday reported an increase in annual revenue driven by success in the Asian market and a record order intake.

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Thursday broker round-up

23rd Aug 2018 14:17

(Sharecast News) - TalkTalk: Barclays upgrades to overweight with a target price of 150p.

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Ricardo expects profits at 'lower end' of forecasts

25th Jul 2018 08:16

(Sharecast News) - Despite a good level of order intake, engineer Ricardo expects full-year profits to come in at the lower end of analysts' forecasts.

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Friday newspaper share tips: National Grid and Ricardo

20th May 2016 14:57

(ShareCast News) - Shares in National Grid are good to hold in portfolios because of their attractive yield, and the prospect of additional income further down the track, said The Times' Tempus column today. The UK's largest-listed utility has bumped up its dividend for the past year by 1.1%, which

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Ricardo performing in line with FY expectations

19th May 2016 12:23

(ShareCast News) - Engineering consultant Ricardo enjoyed good revenue growth in the 10 months to end-April and said group profit was tracking in line with its full-year expectations. In a trading statement covering the 10 months to April 30, Ricardo said revenue was 32% higher on the year, and on a

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Ricardo clinches Cascade deals

19th Aug 2015 10:29

(ShareCast News) - Engineering and consulting firm Ricardo has reached an agreement to buy British environmental consultancy group Cascade Consulting Holdings, for an undisclosed sum. The London-listed group did not offer any financial the details of the mutually agreed deal. Ricardo added the deal

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London midday: Bloomberg outage, Chinese regulations send stocks into the red

17th Apr 2015 12:02

After a solid start UK stocks sank into the red by Friday lunchtime, moving further away from recent records amid a blackout on Bloomberg computer terminals and new regulations in China on short-selling. Bloomberg's trading and information units are heavily relied upon by roughly 320,000 people arou

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