Stadium struggling with customer demand
4th Sep 2012 10:20
Power and electronics manufacturing firm Stadium has been hit a by a lack of demand from customers spooked by the global economic crisis. Revenues for the six months to the end of June were £20.93m, down from the £23.2m reported at the same stage last year, while adjusted profit before tax came in
Read moreSmall caps round-up: Epistem, Stadium Group, Trading Emissions
5th Jul 2012 10:42
Biotechnology firm Epistem Hldings said it had received the go-ahead to sells its new tuberculosis product in EEA member state markets. The firm said its Genedrive units provided a major advance in next generation molecular diagnostic testing. Epistem is now preparing regulatory submissions for Indi
Read moreStadium still optimistic about 2012 - UPDATE
19th Apr 2012 12:32
Electronics group Stadium said that the weak demand is expected to persist throughout the year as previously highlighted last month but it still remains confident about its performance for 2012. "Overall, first half trading will be lower than the equivalent period last year and within our expectati
Read moreBrammer bosses buy into placing
8th Sep 2011 15:00
Brammer's chief executive Ian Fraser and finance boss Paul Thwaite have together spent nearly £100,000 on shares in the distributor of motors, gearboxes, sprockets and other industrial products. They both took 20,833 shares at 240p a time. Fraser now has 1,365,876 shares, or about 1.2% of the compa
Read moreHigher margin sales boost Stadium profits
7th Sep 2011 07:32
Electronic product manufacturer Stadium posted a rise in profits and unveiled plans to push sales higher under new chief executive Stephen Phipson. The company, which has manufacturing facilities in the UK and China, saw pre-tax profits in the half year to 30 June rise to £1.58m from £1.45m. Revenu
Read moreSunday tips round-up: JPM Russia, Stadium, Cape...
20th Mar 2011 11:27
JP Morgan Russian Securities is trading at a discount to its net asset value of 727.53p as of March 15. It holds at 13.3% stake in Sberbank of Russia, 9.4% of retailer Magnit and 6.9% of miner Norilsk Nickel. Its largest investments are in the consumer staples, minerals and financial sectors. The c
Read moreLondon close: Shares fall back as oil rallies
9th Mar 2011 16:53
A drop in the oil price failed to gain ground as the Libya violence continued, sending shares firmly into the red. Attacks against rebel-held towns in western Libya continued, helping oil prices to win back some recent losses. Traders are worried that violence could erupt in other oil-producing Ar
Read moreLondon afternoon: Downward drift continues
9th Mar 2011 14:16
Blue-chip shares drifted lower still over the lunchtime session though a number of bright spots can be found, particularly among second liners. Insurer Prudential is in demand after saying it made 20% more in 2010 than it did the year before as Asia raced ahead of the US as the UK company's bigges
Read moreStadium profits up, cautious on UK economy
9th Mar 2011 09:08
Electronics manufacturing group Stadium posted a sharp rise in profits from continuing activities in the year to 31 December, but is cautious about economic conditions in the UK. Pre-tax profits jumped by 95% from the previous year to £2.9m and revenues were up by 27% to £44.8m. Stadium also annou
Read moreSmall caps round-up: Henderson Smaller Cos, Forte Energy, Vane Minerals...
19th Jan 2011 11:01
Small cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t
Read moreStadium profits soar as demand rebounds
2nd Sep 2010 09:36
Electronics manufacturer Stadium saw a sharp rise in revenues and profits in the year to June 30 as demand rebounded following the downturn of 2008 to 2009. Pre-tax profits climbed to £1.45m from £66,000 on revenues that climbed to £23.13m from £16.83m. Stadium manufactures electronic products in
Read moreSmall caps round-up: Sopheon, Hargreaves Services, Global Energy,...
15th Jun 2010 10:10
Hargreaves Services, which provides support services to the energy sector, said overall results are expected to be in line with management expectations. "The board remain confident about the prospects for the group. The board is particularly excited by the prospects of the Tower project and please
Read moreStadium Group Sells Plastic Business, Confident For FY10
15th Jun 2010 08:19
LONDON (Dow Jones)--Stadium Group PLC (SDM.LN), a provider of electronic manufacturing services, Tuesday reported the sale of its branded plastics business to Flambeau Europlast Ltd. for GBP2.5 million cash and said revenue growth for the five months ended May 31 has been very strong and it expects
Read moreLondon close: Footsie slips back
22nd Feb 2010 16:36
Footsie struggled to find any sense of direction on a quiet day's trading, closing slightly in the red. Bunzl showed a healthy rise as the market was encouraged by a strong second half for the group that saw margins improve. Foreign exchange tailwinds enabled the outsourcing and distribution group
Read moreLondon afternoon: RBS heads the field
22nd Feb 2010 14:45
The lunch-time session was a positive one for blue-chip equities despite Wall Street opening modestly lower, with banks and miners leading the advance. Royal Bank of Scotland (RBS) has usurped Bunzl as the best performer of the day. The part-nationalised lender, like its counterpart Lloyds Banking,
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