Australian floods hit RPS
3rd Feb 2011 14:49
Environmental consultancy RPS says that its 2010 figures will be in line with expectations but broker Numis has downgraded its 2011 forecast by 4% due to the flooding in Queensland. The £47.5 profit forecast for 2010 is maintained but the 2011 figure has been cut by £2m to £49.5m. Net bank debt
Read moreLondon close: More gains for Footsie after well-received results
2nd Nov 2010 16:36
A strong performance on Wall Street ahead of the US Federal Reserve's decision on whether to increase monetary stimulus measures - not to mention the mid-term election - helped sustain good gains in London. Sentiment here was buoyed by well-received results from some big names. Beleaguered oil gia
Read moreLondon afternoon: Footsie consolidates gains
2nd Nov 2010 14:26
Footsie moved sideways over the lunch time session, as investors digested a busy morning of big company announcements. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The marke
Read moreSlow recovery continues at RPS
28th Oct 2010 08:33
Environmental consultant RPS Group is on track to meet full year targets though a number of pitfalls could yet blow the company off track. "Our trading in the third quarter indicated that, unless there is another global economic downturn, the worst effects of recession on the group are probably ove
Read moreRPS moves into potash business
1st Sep 2010 07:01
RPS Group is back on the acquisition trail, buying up a Canadian oil and gas consultancy for C$13.9m (£8.5m). The acquisitive environmental consultancy is paying cash for Boyd Exploration Consultants, a company that has recently expanded from its core oil and gas markets into the mining sector, esp
Read moreLondon close: US gloom offsets company cheer
29th Jul 2010 16:33
Footsie closed slightly in the red, despite starting well on the back of well-received company updates, as weakness in the US spread across the Atlantic. AstraZeneca closed sharply higher. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as
Read moreLondon afternoon: Footsie off the top
29th Jul 2010 14:28
The Footsie drifted lower over the lunch time session though still remained in positive territory, thanks in large part to enthusiastic responses to results from heavy hitters AstraZeneca, BT and Reed Elsevier. AstraZeneca is sharply higher. The group's potential blockbuster heart drug Brilinta has
Read moreRPS profits steady amid mixed trading
29th Jul 2010 13:26
Environmental consultancy RPS posted broadly flat revenues and profits in a year in which it said the timing of recovery varied from market to market. Pre-tax profits climbed to £23.4m from £23.3m the previous year on revenues that jumped to £226m from £222.4m. Chairman Brook Land said that as exp
Read moreUK SMALLCAP ROUNDUP: Connaught Secures GBP15M Overdraft
29th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CONNAUGHT PLC (CNT.LN) Thursday said it has agreed terms on a GBP15 million short-term overdraft with its lenders, as well as the deferral of interest an
Read moreRPS Group 1H Pretax Profit Dips To GBP21M; Ups Dividend 15%
29th Jul 2010 07:55
LONDON (Dow Jones)--Land, property and infrastructure consultancy RPS Group PLC (RPS.LN) raised its interim dividend 15% despite a fall in first-half pretax profit, saying its board believes a modest improvement in the second half is achievable and its balance sheet is strong. Chairman Brook Lan
Read moreDavis Service non-exec takes more shares
19th May 2010 16:32
Per Utnegaard, a non-executive director at the laundry and workwear group Davis Service spent nearly £200,000 lifting his stake in the company. He bought 50,000 shares at 399.64p a time and now has 150,000. His bought his first 100,000 shares just before Christmas, paying 394.8p a time. In a trad
Read moreRPS boss cashes in
18th May 2010 16:51
Chief executive Dr Alan Hearne has raised nearly £1m by selling shares in environmental consultancy RPS. Dr Hearne has sold 470,000 shares at an average price of 209.588p each. That leaves him with 15,130 RPS shares and £985,000 in cash. In March, Dr Hearne raised £222,434 from a share disposal
Read moreRPS says first-quarter trading lower than last year
29th Apr 2010 08:07
Environmental and planning consultancy RPS said trading in the first quarter has been at a lower level than in the same period last year. In the early part of this year businesses in Europe and Queensland were adversely affected by exceptionally bad weather, the group said. "Whilst we have yet to
Read moreRexam executives add to holdings
16th Mar 2010 16:46
Can maker Rexam's new chief executive and finance director have both increased their shareholdings in the company. Chief executive Graham Chipchase bought 47,811 shares at 291.9p a share. This £140,000 investment took his stake to 164,345 shares. Chipchase originally joined Rexam as finance direc
Read moreRPS profit at bottom end
3rd Mar 2010 07:51
Environmental and planning consultancy RPS put in a "very respectable" performance in 2009, but signs are that market conditions at the start of 2010 will show little improvement from the end of 2009. Profit before tax and amortisation of acquired intangibles came in at £52.5m, down from £57.5m in
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