RPS's clients remain cautious
29th Oct 2009 07:47
Environmental consultant RPS hailed its sector and geographical diversity as it predicted full year results would be in line with market expectations. The company, which derives a chunk of its income from providing independent technical and commercial advice to the oil and gas industry, said activi
Read moreBroker tips: Diageo, SABMiller, Greene King, RPS
8th Sep 2009 12:30
The Kraft bid for confectionery company Cadbury has prompted a bout of bid speculation in the market with Nomura suggesting that another British company with a long and storied history, Guinness owner Diageo, could get in on the act. While Kraft has extolled the virtues of economies of scale for t
Read moreBroker snap: Look to 2010 for RPS recovery
8th Sep 2009 11:37
Acquisitive environmental consultant RPS Group could be back on the acquisition trail when markets recover as smaller businesses look for a backer with the working capital to finance growth, broker KBC Peel Hunt reckons. The company has a good record on the acquisitions front, but enthusiasm for th
Read moreBroker tips: Road-builders, BAE, Morgan Sindall
10th Aug 2009 14:04
The government has been axing road schemes as it seeks to save money and more cuts are likely to follow, said Charles Stanley, which expects these cuts to have serious implications for road-building firms. Companies likely to feel the biggest impact include WS Atkins, Mouchel, Scott Wilson and RPS,
Read moreBroker snap: Tough outlook for road-builders
10th Aug 2009 11:07
The government has been axing road schemes as it seeks to save money and more cuts are likely to follow, said Charles Stanley, which expects these cuts to have serious implications for road-building firms. Companies likely to feel the biggest impact include WS Atkins, Mouchel, Scott Wilson and RPS,
Read moreLondon close: Blue chips surge continues
30th Jul 2009 16:42
Corporate newsflow and resurgent miners sent Footsie to within a whisker of its highest close this year. Investors piled into blue chips after a string of household names reported earnings this morning. Triple-digit gains for the Dow added to the upward momentum in the afternoon. Telecoms giant
Read moreRPS's growth stalls
30th Jul 2009 16:04
The share price of environmental consultant RPS Group was down in the dumps after the company's growth story stalled. Profit before tax in the first half of 2009 inched higher to £27.49m from £27.4m a year earlier on revenue that eased to £221.53m from £225.87m. The company said a number of its ma
Read moreLondon afternoon: Miners push Footsie higher
30th Jul 2009 14:48
Corporate news-flow and resurgent miners are driving Footsie higher today, with the benchmark index adding to its gains over the lunch-time session. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings b
Read moreLondon midday: Footsie tops 4600
30th Jul 2009 11:54
Footsie has broken through the 4,600 barrier, helped by well received results from index heavyweight BT and strong demand for miners. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings before interest, t
Read moreRPS in Aussie purchase; trading in line
1st Jul 2009 08:48
RPS is back on the acquisition trail, buying up an Australian planning, surveying and environmental consultancy. The acquisitive UK-based environmental consultancy is paying a maximum of A$64.4m (£31.3m) in cash for Brisbane-based Conics Ltd. Conics has a strong market presence in Queensland, whic
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