TI Fluid FY profits weighed down by restructuring costs, exceptional charge
11th Mar 2025 09:21
(Sharecast News) - Automotive fluid storage business TI Fluid Systems said on Tuesday that statutory operating profits had sunk in FY24 due to higher restructuring costs and a non-cash write-down of intangible assets.
Read moreLondon close: Stocks finish November on flat note
29th Nov 2024 15:45
(Sharecast News) - London's equity markets ended just above the waterline on Friday, as investors processed a raft of UK economic data and developments in the corporate sector.
Read moreABC secures TI Fluid Systems in £1bn deal
29th Nov 2024 07:02
(Sharecast News) - UK engineer TI Fluid Systems has agreed to be taken over in a deal worth more than £1bn, it was announced on Friday.
Read moreABC Technologies receives PUSU deadline extension for TI Fluid Systems bid
8th Nov 2024 09:20
(Sharecast News) - Thermal management and fluid handling systems manufacturer TI Fluid Systems said on Friday that the PUSU deadline for ABC Technologies' proposed takeover had been extended to 22 November.
Read moreTI Fluid Systems revenue falls in third quarter
5th Nov 2024 09:26
(Sharecast News) - TI Fluid Systems reported a 2.9% decline in revenue at constant currency for the first nine months of the year on Tuesday, citing reduced market volumes and economic headwinds in the third quarter, which alone saw a revenue drop of 5.9%.
Read moreJefferies cut TI Fluid Systems price target to 200p, downgrades to 'hold'
29th Oct 2024 15:27
(Sharecast News) - Jefferies downgraded its stance on TI Fluid Systems on Tuesday to 'hold' from 'buy' following the takeover proposal from ABC Technologies.
Read moreLondon close: Stocks higher ahead of UK jobs, inflation data
14th Oct 2024 15:06
(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.
Read moreTI Fluid 'minded to recommend' 200p-a-share takeover offer from ABC Technologies
14th Oct 2024 07:54
(Sharecast News) - TI Fluid Systems said on Monday that it would be "minded to recommend" an improved takeover proposal from ABC Technologies at 200p a share, should a firm offer be made.
Read moreLondon close: Stocks manage gains ahead of key rate decisions
16th Sep 2024 15:30
(Sharecast News) - London stocks closed slightly above the waterline on Monday, as investors exercised caution ahead of key interest rate announcements scheduled across the globe later in the week.
Read moreTI Fluid rejected two offers from Canada's ABC Technologies
16th Sep 2024 07:03
(Sharecast News) - Shares in UK automotive parts supplier TI Fluid Systems soared by 15% on Monday as the company said it had rebuffed two approaches from Canada's ABC Technologies over the past month.
Read moreLondon close: Stocks claw back losses but still finish lower
8th Aug 2024 14:57
(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.
Read moreTi Fluid Systems posts H1 profit beat, reaffirms FY margin guidance
8th Aug 2024 09:04
(Sharecast News) - Automotive components manufacturer TI Fluid Systems posted interim profits that came in ahead of expectations on Thursday and said it was confident that adjusted underlying earnings margins would continue to expand throughout FY24.
Read moreLondon close: Stocks rise on back of well-received earnings
2nd May 2024 16:07
(Sharecast News) - London's stocks finished with gains on Thursday, fuelled by strong performances from key players like Standard Chartered and Smurfit Kappa.
Read moreTI Fluid Systems holds FY guidance as sales fall in line with forecasts
2nd May 2024 07:57
(Sharecast News) - Fluid engineering specialist TI Fluid Systems held guidance after first-quarter revenues fell 0.4%, in line with expectations to €847m.
Read moreBC Omega Holdco sells 50m shares in TI Fluid Systems in placing
27th Mar 2024 07:50
(Sharecast News) - Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.
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