SnackTime reveals new identity and chief executive
15th Apr 2016 13:20
(ShareCast News) - SnackTime unveiled a new identity on Friday, planning to name itself and its operations under the Uvenco trademark, as it ushered in a new chief executive. The AIM-traded company said the rebranding would affect both SanckTime and its vending division subsidiaries VMI and Simply D
Read moreSnackTime warns of loss after lengthy audit period
4th Mar 2016 15:27
(ShareCast News) - After a lengthy delay due to auditing, vending machine operator SnackTime warned the market that it was expecting a loss in the year to 31 March 2015, though a much smaller one than in the 12 months prior. The AIM-traded company said that, following extended audit work that was on
Read moreSnacktime falls on trimmed outlook
24th Jul 2015 16:17
(ShareCast News) - Shares in the vending machine group Snacktime plunged 13.5% on Friday after it revealed its earnings and cash will take a hit from increased provisions. The group expects its previous forecast for earnings before interest, taxes, depreciation, amortization and exceptionals of £650
Read moreSnacktime unveils wider losses but voices confidence
18th Dec 2014 16:04
Vending machine and water cooler supplier Snacktime served up lower half-year turnover and wider operating losses, but said a new majority shareholder would help it to enter the cashless payment market. Snacktime said turnover in the six months to 30 September fell a tenth to £8.52m while operating
Read moreSnacktime shares drop after profit warning
4th Sep 2014 12:33
Vending machine operator Snacktime said its full-year earnings will be £2m, or 15%, lower than previously expected. The Wokingham-based firm said it expects earnings before interest, tax, depreciation and amortisation for the year ended 31 March to come in at around £1.1m, a 60% increase from the £
Read moreSnacktime expects in line results, reduces loan
8th Apr 2014 10:09
SnackTime was a strong riser on Tuesday after confirming its full-year results would be in line with expectations and reporting a decline in the size of its loan. The vending machine retailer and operator said revenue for the year ended March 31st would be around £19m, with operating profit before
Read moreSnacktime dives after Uvenco ends takeover talks
19th Feb 2014 12:52
Shares in hot drink and vending machines operator SnackTime slumped on Wednesday after Uvenco UK ended talks over its potential acquisition. In late January, fellow vending machine maker Uvenco confirmed the two firms were in discussions over a possible offer for the entire issued share capital of
Read moreShares soar as Snacktime secures new banking facility
5th Apr 2013 09:04
AIM-listed British vending operator Snacktime has concluded a revised banking agreement with the Co-operative Bank covering both its term loan and overdraft facilities. In an update issued on Friday, the company said that it had received irrevocable commitments from certain existing shareholders a
Read moreSnacktime close to agreeing terms on new banking facility
2nd Apr 2013 13:26
AIM-listed British vending operator Snacktime has reported that it has received a new banking facility offer which includes revised covenants and said it is very close to agreeing its terms. The company further reported that was also finalising the issue of loan notes to raise £1.0m. The news fo
Read moreSnackTime shares plunge on profit warning
15th Feb 2013 13:21
SnackTime, an AIM-listed vending company, has admitted that its trading performance since November has fallen significantly short of market expectations, due in part to sales in its VMI subsidiary missing expectations. The group said that despite making "considerable progress" in its turnaround ov
Read moreFriday broker round-up UPDATE
15th Feb 2013 07:58
Aberdeen Asset Management: UBS shifts target price from 440p to 470p and reiterates a buy recommendation. Credit Suisse takes target price from 410p to 470p staying with its outperform rating. Barclays revises target price from 470p to 490p, while its overweight rating remains unchanged. Jefferies m
Read moreBurberry CFO makes multiple transactions
19th Jul 2012 16:31
Stacey Cartwright, the Executive Vice President and Chief Financial Officer of high-end fashion label Burberry, has sold 122,500 of the 132,500 shares she received which vested on Thursday. Cartwright, who joined the firm as CFO in 2004, sold the shares at 1,211.99p each, earning her a total of £1
Read moreSnackTime shrinks losses
16th Jul 2012 07:42
Vending machine operator Snacktime said full year revenues increased by 28 per cent as it significantly trimmed pre-tax losses. Loss before taxation reduced to £732,179 for the year ended 31 March 2012 compared to a loss of £2.2m the year earlier. Revenue rose to £22.2m from £17.3m previously. Sna
Read moreSmall caps round-up: Sportech, Silverdell, Oxford BioMedica
11th May 2012 12:35
Brooks Pierce, the Executive Director of Sportech, has resigned with immediate effect to 'pursue other business interests'. No replacement has yet been appointed, but the company was keen to announce that it had appointed an executive search business to 'seek suitable candidates to further augment S
Read moreTelecom Plus Director buys stock after strong January trading
1st Mar 2012 13:18
Julian Schild, a Non-Executive Director of Telecom Plus has bought shares in the utility services provider, two weeks after the firm said full year profits are expected to be slightly ahead of market expectations, after it enjoyed a recent acceleration in organic growth. Schild purchased 10,000 sh
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