FW Thorpe raises dividend despite flat year
23rd Sep 2010 14:24
Lighting equipment supplier FW Thorpe has increased its dividend even though its profit fell slightly in the year to June 2010. Revenues grew 4% to £55.6m but pre-tax profit fell 2% to £11.3m. The total dividend has risen 3% to 16.7p a share, which is still covered more than four times by earnings
Read moreLondon midday: Second liners hog the limelight
18th Mar 2010 11:54
While the FTSE 100 is becalmed most of the action is taking place in the FTSE 250 today, where a mixed bag of announcements has prompted varied share price reactions. Electronic components distributor Premier Farnell powered ahead after reporting full year sales and underlying profits for fiscal 20
Read moreLondon open: Banks lead decline
18th Mar 2010 08:26
London's top stocks have slipped back in early dealings on Thursday, with banks leading the index lower. Lloyds Banking, Barclays and Royal Bank of Scotland are the three worst performers on the Footsie, closely followed by HSBC. Bakery and sandwich chain Greggs saw full-year profits come in sligh
Read moreFW Thorpe working harder for its supper
18th Mar 2010 08:03
Low interest rates hit investment income at lighting supplier FW Thorpe leading to a decline in pre-tax profits at the interim stage. While operating profit in the six months to 31 December 2009 rose to £4.56m from £4.16m in the second half of 2008, pre-tax profit eased to £4.68m from £4.75m. That
Read moreSmall caps round-up: Smartfocus, Inditherm, Meridian Petroleum, Burst Media...
24th Sep 2009 08:51
Marketing software provider Smartfocus moved into the black in the six months to June 30 as big name customers such as Sony, Betfair and Virgin Games continued seeking to harness digital technology as a means to market their products. Pre-tax profits totalled £200,000, compared with a loss of £600,
Read moreFW Thorpe chief cashes in
28th May 2009 16:53
Chairman and joint chief executive of FW Thorpe, Andrew Thorpe, has sold 5,000 shares in the lighting equipment manufacturer. Thorpe, grandson of the company's founder, got £26,500 for the stake at 530p a share. He's left with 2.8m shares, or 24% of the company. In March, the company reported a 5
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