St. Ives posts higher annual profit after restructuring
1st Oct 2013 10:49
St. Ives reported a 10.5 per cent annual rise in pre-tax profit to 6.4m pounds as the UK marketing services and print group keep a tight rein on costs. In the year to August 2nd 2013, underlying selling and administrative overheads decreased by £1.2m due to a restructuring. The overhaul included
Read moreTuesday tips round-up: Sirius Minerals, St Ives, Prudential
13th Aug 2013 06:49
Sirius Minerals' refinancing should allow the company to begin on its potash mine under the North York Moors National Park. However uncertainties remain including planning permission and pricing pressures, The Times' Tempus column noted. The shares have halved since last month over such concerns. Pr
Read moreSt Ives trading in line for year
12th Aug 2013 07:45
Printing and business services firm St Ives said results for the full financial year are expected to be in line with current market expectations. The group said its Marketing Services segment continues to extend its range of services, mostly through acquisition. It added that the integration of
Read moreMonday broker round-up UPDATE
12th Aug 2013 07:30
BAE Systems: Morgan Stanley increases target price from 350p to 430p and retains an equal-weight rating. Bodycote: N+1 Singer upgrades to buy with a target price of 700p. British American Tabacco: Goldman Sachs takes target price from 4220p to 4280p and stays with its buy recommendation. Capita G
Read moreSt Ives revenue slips as print markets weigh
18th Jun 2013 07:51
Marketing firm St Ives revealed weaker revenue in the four months to the end of May and said whilst there is no sign of improvement from the difficult trading conditions across its Print markets, its Marketing Services businesses are performing well. Group revenue for the seventeen-week period to
Read moreSt Ives acquires Branded3 Search
16th May 2013 11:59
Marketing firm St Ives has acquired Branded3 Search, a search engine optimisation and digital marketing agency. The company said that the acquisition of Branded3 represented a continuation of St Ives's strategy to create a complementary range of digital and marketing services that would enable the
Read moreThursday broker round-up UPDATE
14th Mar 2013 07:11
Amara Mining: After having been under review, Cantor Fitzgerald reinitiates coverage with a price target of 81p and a buy recommendation. Antofagasta: Citigroup shifts target price from 990p to 1000p, but retains its sell recommendation. Ashtead Group: Investec raises target price from 475p to 700
Read moreSt Ives profit shrinks by two thirds
12th Mar 2013 08:34
Marketing and print firm St Ives said half year pre-tax profit fell by two thirds but it remains confident it can reposition and make progress in the full year. Pre-tax profit for the 27 weeks to February 1st shrank to £2.0m from £6.4m a year earlier. Revenue for the interim period fell 2.8% to £1
Read moreSt Ives acquires digital marketing firm Amaze
11th Mar 2013 10:51
Shares in marketing firm St Ives rose above five per cent after the company announced the acquisition of Amaze from Hasgrove. Amaze, a digital marketing agency based in London, has about 200 employees and has clients across a range of sectors including automotive and retail. St Ives said the acqu
Read moreMonday broker round-up UPDATE
11th Mar 2013 07:23
Admiral Group: Berenberg ups target price from 1000p to 1060p, but still recommends selling. Amlin: Westhouse Securities raises target price from 440p to 455p, but downgrades from add to neutral. Anite Group: Invetsec downgrades from buy to hold with a target price of 157p. Aviva: Citigroup reduc
Read moreSt Ives confident despite headwinds
27th Nov 2012 08:30
Marketing services and print group St Ives said it made a good start to the current financial year with revenue for the fourteen weeks to November broadly flat compared to the year before. Margins improved and underlying operating profit rose compared to last year. The group, which bought three ne
Read moreAvocet Mining Chairman tops up stake after disappointing update
6th Nov 2012 16:21
Russell Edey, the Chairman of Avocet Mining since 2010, has boosted his stake by 100,000 shares, less than a week after the company saw its shares fall following a mixed third-quarter update. Edey purchased the shares at 63.75p a time for a total of £63,750. In an update last Thursday, the compa
Read moreWednesday tips round-up: St.Ives, Workspace, AstraZeneca
3rd Oct 2012 07:03
The Times Tempus column tips St Ives Group, which has moved from the low margin, commoditised world of printing glossy annual reports and magazines. Its print division now produces books and marketing material, such as point of sale displays and posters. This combines well with its second and growin
Read moreSt Ives shines as it continues move away from print
2nd Oct 2012 08:54
Shares of marketing and print firm St Ives took off in early trading after it said that although extremely difficult trading conditions continue, it remains confident in future trading and hiked its dividend payment. The group, which acquired three new marketing services as part of its move away fr
Read moreSt Ives bags several key contract renewals
2nd Aug 2012 11:16
The renewal of a number of key contracts at St Ives will ensure the marketing and print company's full year results are in line with market expectations. "A number of significant print contracts have been renewed during the year in addition to further new business wins and overall, our market leadi
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