Synthomer withdraws FY guidance as Covid-19 weighs on performance

29th Apr 2020 08:45

(Sharecast News) - Chemicals business Synthomer withdrew full-year guidance on Wednesday adding that it was cutting capital expenditure and executive salaries in order to weather the Covid-19 storm.

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Synthomer chair to stand down at end of 2020

30th Mar 2020 08:27

(Sharecast News) - Chemicals company Synthomer said on Monday that long-time chairman Neil Johnson will be standing down from the role at the end of the year.

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Synthomer acquisition of Omnova cleared, board suspends divi

26th Mar 2020 15:20

(Sharecast News) - Synthomer announced on Thursday that the conditions attached to the European Commission's clearance decision over its acquisition of Omnova Solutions had been satisfied, and as such the deal was now expected to complete by 1 April.

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Synthomer profits, revenue fall in 'challenging' markets

5th Mar 2020 10:05

(Sharecast News) - Annual profits and revenue fell at Synthomer in what it described as a "challenging" year for the global chemical industry.

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Canaccord trims target for Synthomer as coronavirus hits demand

12th Feb 2020 13:48

(Sharecast News) - Analysts at Canaccord Genuity trimmed their target price for shares of Synthomer due to the expected hit from the Covid-2019 virus and after pushing back the expected completion date for the acquisition of Omnova from 1 January to 1 April.

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Wednesday broker round-up

12th Feb 2020 13:09

(Sharecast News) - Greencore Group: Berenberg upgrades to buy with a target price of 285p.

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FTSE 250 movers: TBC Bank falls, Hochschild shines

20th Dec 2019 13:38

(Sharecast News) - London's FTSE 250 was roughly flat, edging 0.02% lower to 21,660.78 in afternoon trade on Friday as TBC Bank led the fallers.

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Friday broker round-up

20th Dec 2019 12:28

(Sharecast News) - Segro: HSBC downgrades to hold with a target price of 869p.

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FTSE 250 movers: Sports Direct storms, Tullow gushes lower

16th Dec 2019 13:31

(Sharecast News) - London's FTSE 250 soared 1.57% higher at 21,845.34 in afternoon trade on Monday, with Sports Direct leading the index upward.

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Monday broker round-up

16th Dec 2019 13:18

(Sharecast News) - Tullow Oil: HSBC downgrades to reduce with a target price of 50p.

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Thursday broker round-up

12th Dec 2019 13:38

(Sharecast News) - Synthomer: JP Morgan upgrades to neutral with a target price of 300p.

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Friday broker round-up

25th Oct 2019 12:56

(Sharecast News) - AstraZeneca: Liberum upgrades to buy with a target price of 8,250p.

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Synthomer warns on profits as macro uncertainties weigh on chemicals industry

25th Oct 2019 08:27

(Sharecast News) - British chemicals business Synthomer warned on Friday that its full-year underlying pre-tax profits would fall short of market expectations if depressed European industrial activity and increased political and economic uncertainties continued in the fourth quarter.

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Synthomer confident in chairman despite concerns from some shareholders

22nd Oct 2019 08:18

(Sharecast News) - Synthomer updated the market on the voting outcomes of its 2019 annual general meeting on Tuesday, following a "significant" minority vote against the resolution relating to the re-election of its chairman Neil Johnson as a non-executive director.

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FTSE 250 movers: Centamin slips, Finablr flies higher

3rd Oct 2019 14:21

(Sharecast News) - London's FTSE 250 was down 0.89% at 19,302.96 in afternoon trade on Thursday, with Centamin leading the index lower.

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