Tricorn approved for second draw of US paycheck protection loan
12th Apr 2021 10:38
(Sharecast News) - Tube manipulation specialist Tricorn Group announced on Monday that, according to its lending bank, its application for a second draw of its US Payroll Protection Program (PPP) loan, which it made in March, had been approved.
Read moreTricorn finds 'various matters' after internal review
16th Nov 2020 09:04
(Sharecast News) - Tube manipulation specialist Tricorn Group updated the market on its trading on Monday, reporting that following the appointment of Michael Stock as group finance director and the hiring of a new finance team, an internal review of the group's performance was conducted.
Read moreTricorn flags 'significant impact' of Covid on revenues
4th Jun 2020 12:16
(Sharecast News) - Tube manipulation company Tricorn Group updated the market on its trading on Thursday, ahead of its unaudited interim results for the six months ended 31 March, reporting that its Chinese joint venture had continued to operate "normally" after the reopening of its facility on 15 February.
Read moreTricorn profits plummet on trade war, weak UK demand
4th Dec 2019 07:53
(Sharecast News) - Tricorn shares slumped on Wednesday as interim profits at the tube maker more than halved due to the global trade war and weak UK demand.
Read moreTricorn warns on profits as trade war takes its toll
9th Oct 2019 08:41
(Sharecast News) - Tube manipulation specialist Tricorn warned on Wednesday that full-year results would be "materially lower" than market expectations, principally due to Washington's long and protracted trade war with China and slowing demand in the UK.
Read moreTricorn reinstates dividend after transportation revenues spur profit increase
3rd Jun 2019 13:16
(Sharecast News) - Tricorn Group on Monday reported an increase in annual profits and revenue, leading the company to reinstate its final dividend.
Read moreTricorn surges on strong showing from transportation division
5th Apr 2019 09:23
(Sharecast News) - Tube manipulation specialist Tricorn expects to have seen an increase in revenues during its last financial year despite lower demand in its power generation rental operations.
Read moreTricorn dives as chairman sees growth 'slowing'
5th Dec 2018 09:01
(Sharecast News) - Tricorn saw its shares drop on Wednesday as it warned of a slowdown in some end markets despite reporting a "significant increase" in interim profits.
Read moreTricorn expects pre-tax profits to be 'significantly ahead' of last year
10th Oct 2018 11:13
(Sharecast News) - Tricorn told investors on Wednesday that first half revenues were expected to be in line with those seen a year earlier as growth in its transport division helped offset reduced demand at its power generation rentals unit.
Read moreTricorn earnings plummer year-on-year as it restructures China division
7th Dec 2016 12:04
(ShareCast News) - Tube manipulation specialist Tricorn Group announced its unaudited interim results for the six months to 30 September on Wednesday, with revenue down to £8.9m, from £10.1m a year earlier. Adjusted operating profit was £0.19m, up marginally from £0.18m, though its adjusted profit b
Read moreTricorn warns of tough second half ahead
2nd Dec 2015 10:21
(ShareCast News) - Shares in Tricorn Group slumped over 9% early on Wednesday, after the pipe manufacturer warned a slowdown in key markets would affect its results in the second half. The London-listed said conditions in the market weakened towards the end of the six months to September and the det
Read moreTricorn warns on profit after problems in Energy and Transportation
11th Feb 2014 10:54
Shares in Tricorn Group took a hit on Tuesday morning after the pipe and tubing specialist warned of further softening in demand and predicted second half revenue would fall around 15 per cent below the first. As such, pre-tax profit for the full-year is expected to be "materially below" the curren
Read moreTuesday broker round-up UPDATE
11th Feb 2014 09:41
Bellway: Jefferies takes target price from 2085p to 2186p and stays with its buy recommendation. BT Group: Jefferies shifts target price from 435p to 440p and keeps a buy recommendation. Carnival: Jefferies ups target price from 2000p to 2050p, while downgrading to underperform. Deutsche Bank rais
Read moreFriday broker round-up UPDATE
4th Oct 2013 09:32
Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating. Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation. API Group: Numis downgrades to add with a target price of 85p. Arbuthnot Banking G
Read moreWednesday broker round-up UPDATE
5th Jun 2013 09:34
Aberdeen Asset Mangement: UBS cuts target price from 520p to 505p, while maintaining its buy recommendation. Alternative Networks: Investec revises target price from 350p to 390p keeping a buy recommendation. API Group: Numis upgrades to add with a target price of 75p. Ashmore Group: UBS lowers t
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