SWP Group to delist and go private

17th Oct 2016 08:41

(ShareCast News) - SWP Group announced on Monday that it was proposing cancellation of the admission of its ordinary shares to trading on AIM. It followed confirmation that, on 13 October, the offer for SWP by Friars 716 - which was announced on 21 September - was declared wholly unconditional. The

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SWP Group breaks into the black as ULVA surges

5th Nov 2014 14:16

Industrial engineering group SWP saw its losses from last year to turn into profits for the full-year after a number of successful installments and tight financial controls. The AIM-listed outfit managed to reverse the previous year's loss before tax of £0.45m to a profit of £1.42m in the year to Ju

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SWP slips into loss but puts 'transitional' year behind it

10th Dec 2013 12:42

Spain-focused construction engineer SWP Group put a year of transition behind it, reducing borrowings by a quarter and increasing profit margins. The AIM-listed company produced a £0.36m loss before discontinued items on sales down 32% to £14.3m. The continuing economic straits in Spain forced m

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Sluggish construction sector hits SWP

26th Mar 2012 12:51

A dearth of big projects saw SWP Group, an insulation and drainage engineer, slide into the red in the second half of 2011. Revenue for the period fell from £12.7m to £9m year-on-year, while a profit of £1.2m turned to a loss of £0.081m. Earnings per share fell from 0.42p to -0.04p. The group's

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Home Retail boss opens Hammerson account

1st Apr 2010 11:20

Terry Duddy, chief executive of Argos and Homebase owner Home Retail Group, has opened his account at Hammerson having joined the board of the shopping centre operator in December. He took 20,000 shares at 394p a time in his first purchase of shares in the company, paying a total of £78,800. In a

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Small caps round-up: Afren, ValiRx, ECO Animal Health

17th Mar 2010 15:23

Afren is wanted Wednesday after it signed an additional drilling contract for the GSF High Island Vll jack-up rig to carry out planned drilling on their assets located offshore South East Nigeria. "The second rig, secured at competitive rates, gives Afren and our indigenous partners the flexibility

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Small cap round-up: Matra, Strategic Natural, SWP...

17th Mar 2010 12:48

Losses at Matra Petroleum in 2009 reduced to €2.3m from €8.7m. Results of the A-13 well are expected in May and these will help us define the extent of the Sokolovskoe development. Operational difficulties have caused minor increases in the expected well costs from $4.5m to $4.85m, the company rem

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