Tricorn close to first shipment from new Chinese facility
3rd Dec 2012 16:21
AIM-listed tube manufacturer Tricorn surged on Monday following the release of its interim results, in which it reported a decent increase in the half-year dividend. The company, which operates in three main segments - Energy & Utilities, Transportation and Aerospace - is to pay shareholder 0.1p pe
Read moreTricorn posts record results
11th Jun 2012 11:59
Tricorn Group, the AIM-quoted tube manufacturer, is to double its dividend after a record set of results. In the year to March 31st, pre-tax profits rose 14% from £0.93m the year before to a record £1.53m, on revenues of £24.7m (2011: £21.8m). Adjusted earnings per share increased 47% to 3.78p fr
Read moreTricorn tubes on a roll
3rd Apr 2012 10:40
Tricorn, a maker of pipes for the power industry and aircraft engines, said it would top market expectations with its full year results, which had already been upgraded as recently as February. The news pushed shares up almost 7% in Tuesday morning trading as the firm predicted a 13% increase in s
Read moreTricorn raises profit guidance
28th Feb 2012 13:36
Tricorn Group, the AIM-quoted tube manufacturers, has revealed that group profit before tax for the full year ended March 31st will be ahead of market expectations. The news comes after the firm made an 'encouraging' start to the final quarter with demand remaining strong and operational performa
Read moreTricorn sees 20% hike in sales
5th Oct 2011 07:36
Tricorn, a maker of pipes for the power industry and aircraft engines, expects first half sales to be over 20% higher than in the previous year as strong global demand continues. The upbeat outlook also reflects progress made with its major blue chip OEM customers, it said. "It is those customers
Read moreLondon close: Shares edge higher on quiet day
4th Apr 2011 16:43
Having hovered around its starting point for much of the day, the top share index finished just a few points higher. Vodafone's sale of what it considers non-core minority stakes continues with the sale of its 44% holding in French mobile phone group SFR to French media group Vivendi for €7.75bn (£
Read moreLondon midday: Shares seeking direction
4th Apr 2011 12:25
Shares are still seeking direction after a slight recovery following a lower start in the morning. It has been a morning for asset sales with both telecoms giant Vodafone and oil colossus BP pressing on with their respective asset sale programmes. Vodafone's sale of what it considers non-core min
Read moreTricorn set to beat FY forecasts, offer dividend
4th Apr 2011 08:40
Tube manipulation specialist Tricorn said it expects full year pre-tax profit to be significantly ahead of market expectations as it considers recommending a maiden dividend. The Worcestershire-based group said full year pre-tax profit is expected to be around £1m after a strong final quarter and i
Read moreLondon afternoon: Miners spooked by China
18th Feb 2011 14:46
Footsie staged a half-hearted recovery over the lunch time session but the market remains lower on balance, largely as a result of weak miners, which have taken fright at further attempts by the Chinese authorities to cool down the Chinese economy. China has raised bank reserve requirements by half
Read moreSmall caps round-up: Blinkx, Motive Television, Noventa
18th Feb 2011 07:58
Video search engine specialist blinkx said its technology is slated to be available soon through the applications (apps) library of Boxee, the company that produces a box that finds shows and films on the internet and streams them to a television set. The blinkx app for Boxee gives users the abili
Read moreProfit surges at Tricorn
6th Dec 2010 08:24
Tricorn, a maker of pipes for the power industry and aircraft engines, posted a sharp increase in half year pre-tax profit and is confident that full year results will be ahead of market expectations. Tricorn noted a continued recovery in Energy and Transportation businesses which helped lift pre-t
Read moreSmall caps round-up: African Diamond, Tricorn, Int'l Brand ...
10th Jun 2010 12:56
Botswana focused African Diamonds says approval for the final AK6 feasibility studies is expected at the end of June and the mine remains on target to come on stream during the third quarter of 2011. The company is ramping up exploration on its 100% owned Botswana exploration licences, wit the focu
Read moreTricorn Group FY Pretax Profit GBP0.2M On Revenue GBP15.0M
10th Jun 2010 08:12
LONDON (Dow Jones)--Tricorn Group PLC (TCN.LN), a tube manipulation specialist, said Thursday that for the year ended March 31, it made a pretax profit of GBP0.2 million on revenue of GBP15.0 million. MAIN FACTS: -Revenue GBP15.0 million (2009: GBP22.2 million) -Pre-items operating profi
Read moreSmall caps round-up: Strategic Thought, Tricorn, Oxford Instruments ...
8th Apr 2010 08:50
Shares in provider Strategic Thought, which provides risk management software to large organisations such as the miner Rio Tinto and the London Underground, fell after it said results will fall short of expectations as a result of slippage in two major contracts. It expects revenues for the year to
Read moreTricorn H1 revenue falls 40%
7th Oct 2009 09:10
AIM listed tube manipulation specialist Tricorn said first half EBITDA has been in line with market expectations although revenue plunged 40%. "Market conditions have been extremely challenging through the first half and sales are expected to be around 40% down on the previous year. Despite this, t
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