Sprue Aegis earnings plummet amid tough trading conditions

24th Jan 2017 12:25

(ShareCast News) - Home safety products supplier Sprue Aegis posted a trading update on Tuesday, ahead of the release of its audited final results for the year ended 31 December, which it said are expected to be in line with market expectations. The AIM-traded company said sales are expected to be a

Read more

Sprue Aegis expects second half pick-up

19th Sep 2016 16:35

(ShareCast News) - Sprue Aegis reported first half trading was slightly ahead of management´s expectations a large drop in the company´s revenues, with management expressing confidence in its ability to return to the profitability in the backhalf of 2016. The supplier of home safety products, such a

Read more

Sprue Aegis reaches agreement over faulty batteries

30th Jun 2016 11:52

(ShareCast News) - Home safety products supplier Sprue Aegis announced on Thursday that it has reached agreement with its third-party Chinese battery manufacturer on a warranty claim. The AIM-traded firm said the claim was over a supply of batteries that potentially cause a premature end-of-life low

Read more

Sprue Aegis tumbles at it warns over 2016 and 2017 profit

18th Apr 2016 09:00

(ShareCast News) - Shares in Sprue Aegis tumbled on Monday after the home safety products supplier downgraded its 2015 profit expectations. The company said it has recently identified an issue in certain batteries supplied by a third party supplier that may cause a premature low battery warning chir

Read more

Sprue Aegis guides down on profits after new supplier deal

10th Mar 2016 10:42

(ShareCast News) - Sprue Aegis has warned profits for the current year will be slightly lower than expected after it revised the terms of the chief supplier of all of its own-branded smoke alarms and accessories. The AIM-listed company said it now expects operating profit for the year ending 31 Dece

Read more

Sprue Aegis interim profit more than quadruples

14th Sep 2015 12:42

(ShareCast News) - Sprue Aegis posted a big jump in first-half pre-tax profit as revenue more than doubled. Profit for the six months ended 30 June more than quadrupled to £8.82m from £2.15m in the first half of last year on revenue of £56.5m, up from £23.8m. Basic earnings per share were up 247% t

Read more

Sprue Aegis detects higher-than-expected annual profits

20th Nov 2014 15:53

Smoke and carbon monoxide detector maker Sprue Aegis alerted the market to the prospect of higher-than-expected annual underlying profits on Thursday. Sprue, whose brands include FireAngel, First Alert and Pace Sensors among others, said an ongoing strong financial performance since its first-half r

Read more

Monday broker round-up UPDATE

22nd Sep 2014 11:28

Avation: WH Ireland shifts target price from 200p to 206p and maintains a buy recommendation BAE Systems: UBS raises target price from 460p to 505p and reiterates a buy recommendation. Centrica: Goldman Sachs ups target price from 385p to 396p leaving its buy recommendation unchanged. Chariot Oil

Read more

Three Sprue Aegis Directors top step down

29th Apr 2014 12:07

Smoke detectors developer Sprue Aegis announced it has undertaken several changes to its executive board as part of its move to AIM. Peter Brigham, who is currently Technical Director, will step down from his post with immediate effect, alongside the group's Business Development Director John Walsh

Read more