International contracts drive first half at StatPro
19th Jul 2016 15:11
(ShareCast News) - Portfolio analysis and asset pricing service provider StatPro Group posted a trading update for the six months to 30 June on Tuesday, reporting a 26% increase in group annualised recurring revenue to £36.2m. The AIM-traded firm said that on a constant currency basis the rise was a
Read moreStatPro half-year recurring revenues soar 26%
19th Jul 2016 09:55
(ShareCast News) - Investment software maker StatPro Group said half year annualised recurring revenues (ARR) rose 26% to £36.2m "Our forward order book continues to grow and we are trading in line with our expectations for the year as a whole," the company said in a trading statement. ARR from its
Read moreStatPro takes controlling interest in its South Africa partner
12th Feb 2016 11:28
(ShareCast News) - StatPro made an expansion in the South African market on Friday, acquiring 51% of its existing partner in the country - InfoVest - in a cash-free transaction. InfoVest was described by the AIM-traded company as a South Africa-headquartered software provider, specialising in data w
Read moreStatPro buys US-based Investor Analytics
22nd Jan 2016 10:20
(ShareCast News) - AIM-listed StatPro has acquired US-headquartered, cloud-based risk analytics company Investor Analytics LLC for a cash consideration of $10m (£7m). The company, which provides portfolio analysis and asset pricing services for the global asset management industry, said there is an
Read moreStatPro third-quarter trading in line with expectations
19th Oct 2015 10:20
(ShareCast News) - Software developer and cloud-based portfolio analysis provider StatPro Group said revenue and profits for the nine months to end of September were in line with expectations. In the 12 months to 30 September, annualised recurring revenue for the group's portfolio analysis service s
Read moreStatPro first-half profit drops as it transitions to cloud technology
5th Aug 2015 11:11
(ShareCast News) - StatPro reported a drop in first-half profit and revenue on the back of continued product and cloud technology investment, in line with its expectations. Pre-tax profit fell 24% to £0.82m from £1.08m, while revenue nudged down to £15.44m from £15.71m as the company increased expen
Read moreStatPro results to meet forecasts thanks to upbeat cloud-based business Revolution
15th Jul 2015 11:14
(ShareCast News) - StatPro Group said it made good progress during the first six months of the financial year with profits in line with market expectations. The provider of asset valuation services and portfolio analysis solutions saw its revenues grow 4% to £28.6m in the period ended 30 June 2015.
Read moreLancaster family top up on DSL as year-end approaches
28th Oct 2014 15:40
The family of Mark Lancaster, the chief executive of translation and localisation services provider SDL, has increased its stake in the company just over a week after the company's well-received third quarter results. Isabel and Maria Lancaster, two "connected persons" of Lancaster, purchased 10,000
Read moreStatpro Group appoints new client integration director
22nd Sep 2014 08:15
Marketing software systems developer Statpro Group has announced the appointment of Ian Thompson as its new client integration director. Thompson, a former director of business development and of product strategy at Microgen Asset Management Solutions, joins the firm from Bi-Sam where he was the exe
Read moreWednesday broker round-up UPDATE
16th Jul 2014 09:00
Alent: Liberum Capital initiates with a target price of 400p and a buy recommendation. APR Energy: Citi reduces target price from 1350p to 650p and downgrades to neutral. ARM Holdings: FinnCap upgrades from hold to buy with a target price of 1000p. Ashmore Group: Numis ups target price from 350p
Read moreDemand grows for StatPro's cloud-based services
18th Oct 2013 07:49
Asset management services group StatPro said that third-quarter trading was in line with expectations with a higher rate of new business signed for its fast-growing cloud-based portfolio analysis service, StatPro Revolution. StatPro Revolution's annualised recurring revenue surged by around 85% in
Read moreSports Direct CEO and FD net 6.4m pounds after selling shares
3rd Oct 2013 07:43
Sports Direct International's Chief Executive Dave Forsey and Finance Director Bob Mellors have each netted 6.4m pounds after selling shares from a bonus plan. The sportswear retailer said the pair had exercised options granted to them under the company's executive bonus scheme to buy 1m shares in
Read moreHiscox and Restaurant Group CEOs sell up
27th Sep 2013 16:11
Chief Executive at Hiscox, Bronek Masojada, has sold 10,000 shares at 650.50p a piece in the insurance provider. The sale generated £65,050 for Masojada, who joined the company in 1993. For the first half of the year the group posted a pre-tax profit of £180.7m (2012: £125.8m), helped by low ex
Read moreWednesday broker round-up UPDATE
23rd Jan 2013 07:05
Aberdeen Asset Management: Societe Generale downgrades to hold, while its target price of 375p is not altered. Amara Mining: Investec reduces target price from 89p to 83p and reiterates a buy recommendation. Associated British Foods: Jefferies raises target price from 1365p to 1650p keeping a hold
Read moreDiageo CEO reduces stake further
22nd Nov 2012 16:17
The Chief Executive Officer of Diageo, the FTSE 100 drinks giant, has sold another slice of his stake in the company, reducing his holding to 729,582 shares. Paul Walsh, who was appointed to the role of CEO in 2000, traded in 20,000 shares for 1,850.00p each, worth a total of £370,000. The trans
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