Scapa Group posts strong maiden results as healthcare division grows

27th May 2015 11:58

Scapa Group, a manufacturer of bonding materials, posted strong full-year results helped by an investment in its healthcare business. The group reported revenues increased by 4.4% to £236m while pre-tax profit rose 22.3% to £13.7m. Scapa noted these results were despite a backdrop of continuing mac

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Scapa expects to beat forecasts after "strong finish"

9th Apr 2015 11:45

Adhesive tape group Scapa Group said it expects to beat market forecasts for the year after its recent healthcare acquisition added to a "strong finish" in the final quarter. AIM-listed Scapa said both margins and trading profits will be ahead of current expectations and that a healthy cash flow had

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Sector movers: Chemical stocks rise as broker upgrade lifts Croda

1st Dec 2014 15:15

The chemical sector was the best-performing category in London on Monday with Yorkshire-based Croda International providing a lift after an upgrade from Deutsche Bank. Deutsche Bank lifted its rating for Croda from 'hold' to 'buy' and hiked its target price from 2,350p to 2,800p, causing shares to a

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Thursday broker round-up UPDATE

9th Oct 2014 09:27

African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe

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Huntsworth chairman stocks up as CEO announces departure plans

11th Aug 2014 16:39

Lord Myners, the chairman of communications group Hunstworth, has upped his stake in the company with the purchase of 100,000 shares as the group announced the intention of its chief executive to step down. The group also reported its half year results, which revealed a drop in both turnover and p

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UK Mail Finance and Operations Directors build stakes

9th Jun 2014 15:46

The Group Finance Director and Group Operations Director of UK Mail have both upped their company holdings with the purchase of 4,000 shares each. Both Steven Glew and Carl Moore spent 627p a share, giving each of the deals a trade value of £25,080. The transactions come just a few weeks after t

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Tuesday broker round-up UPDATE

3rd Jun 2014 08:31

Anglo American: Goldman Sachs reduces target price from 1240p to 1180p and keeps its sell recommendation. Balfour Beatty: UBS shifts target price from 225p to 230p maintaining its neutral rating. Barr (AG): N+1 Singer moves target price from 667p to 678p retaining its hold recommendation. Beazley

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Scapa likely to beat expectations as second half improves

10th Apr 2014 13:19

Full year results should be better than expectations at adhesives and bonding specialist Scapa, the company boasted on Thursday. The AIM-listed group, which serves diverse markets including healthcare, industrial and electronics, said progress reported in its interim results had continued through t

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Thursday broker round-up UPDATE

30th Jan 2014 09:06

Amedeo Resources: Daniel Stewart initiates with a target price of 2p and a buy recommendation. Anglo American: Credit Suisse ups target price from 1600p to 1650p and leaves its neutral rating unchanged. Antofagasta: Citi takes target price from 270p to 290p, but still recommends selling. JP Morgan

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Scapa secures 40m pound debt facility

29th Jan 2014 12:26

AIM-listed Scapa Group, which supplies bonding materials and solutions, has secured a committed 40m pound debt finance facility. The four-and-half-year revolving credit facility, which also grants further access to an additional uncommitted £20m, was sought out to support the company's future grow

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Entertainment One Film President continues sale, Empresaria builds stake

10th Dec 2013 16:17

Patrice Theroux, the President of Film at Entertainment One, has reduced his stake in the entertainment company with the sale of 259,538 shares. The shares were traded in at 239.25p a time for a total value of £620,945. The transaction followed two other share sales of 665,462 at 240.1p on Decemb

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Friday broker round-up UPDATE

29th Nov 2013 08:52

Bovis Homes: Panmure Gordon ups target price from 875p to 900p and stays with its buy recommendation. BowLeven: Barclays cuts target price from 175p to 135p maintaining its overweight rating. BT Group: Jefferies shifts target price from 430p to 435p and retains a buy recommendation. Compass Group

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Thursday broker round-up UPDATE

10th Oct 2013 08:36

Ashmore Group: Canaccord Genuity takes target price from 380p to 400p and retains a hold recommendation. Numis shifts target price from 380p to 390p reiterating its hold recommendation. Ashtead Group: Numis upgrades to add with a target price of 670p. Berkeley Group: Panmure Gordon moves target pr

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Scapa expects 'good growth' in first half

10th Oct 2013 07:56

Bonding materials group Scapa said it saw 'good growth' in revenue and trading profits in the first half, ahead of its interim results next month. The AIM-listed company, which has a market capitalisation of around £124m, manufactures bond products and adhesive components for the electronics, healt

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Friday broker round-up UPDATE

26th Apr 2013 07:24

Admiral Group: HB Markets initiates with a buy recommendation. AstraZeneca: Deutsche Bank takes target price from 3100p to 3160p and leaves its hold recommendation unchanged. Avon Rubber: Investec upgrades from hold to add with a target price of 420p. Betfair Group: Citigroup raises target price

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