Global car industry revenue hit $100bn by pandemic

6th Apr 2020 10:42

(Sharecast News) - The Covid-19 coronavirus is severely impacting consumer and business behaviour and threatens to erase around $100bn in global full-year revenues from the automotive industry with UK car sales having already fallen 44.4% in the key month of March.

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Tuesday broker round-up

17th Mar 2020 13:00

(Sharecast News) - Ti Fluid Systems: Citigroup downgrades to neutral with a target price of 140p.

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TI Fluid Systems sees revenues, profits slow

17th Mar 2020 09:00

(Sharecast News) - TI Fluid Systems saw revenues and profits slip last year, as it warned of uncertain times ahead because of the coronavirus outbreak.

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FTSE 250 movers: Genus jumps, Restaurant Group slumps

4th Mar 2020 15:59

(Sharecast News) - Genus shares hit a fresh record high on the back of an update from sausage skin manufacturer Devro which reported that its factory in Nantong, China, had returned to normal production.

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Car sales plunge in China as virus empties showrooms

4th Mar 2020 11:55

(Sharecast News) - Car sales in China - the world's biggest auto market - tumbled 80% last month, as moves to contain the coronavirus outbreak emptied showrooms and wiped out sales.

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TI Fluid Systems FY results seen in line, free cash flow 'very strong'

27th Jan 2020 07:51

(Sharecast News) - TI Fluid Systems said on Monday that results for the year to the end of December are set to be in line with the expectations outlined in its first-half results in August, with adjusted free cash flow "very strong".

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Ronald Hundzinski appointed finance chief at TI Fluid Systems

18th Nov 2019 07:29

(Sharecast News) - TI Fluid Systems announced on Monday that Ronald Hundzinski would be its new chief financial officer and an executive director, both effective 6 January.

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FTSE 250 movers: Ferrexpo falls, Games Workshop surges

8th Nov 2019 14:04

(Sharecast News) - London's FTSE 250 was 0.33% lower at 20,365.23 in afternoon trade on Friday, with Ferrexpo leading the index downward.

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Friday broker round-up

8th Nov 2019 11:54

(Sharecast News) - Tate & Lyle: Kepler Cheuvreux upgrades to hold with a target price of 720p.

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TI Fluid Systems outperforms global light vehicle market in third quarter

7th Nov 2019 08:15

(Sharecast News) - Automotive fluid system manufacturer TI Fluid Systems updated the market on its trading for the third quarter ended 30 September on Thursday, reporting that despite a softer global light vehicle production market background, group revenue was ahead 0.9% year-on-year at reported rates, and decreased 1.0% at constant currency.

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FTSE 250 movers: Gambling stocks fall, TI Fluid Systems climbs

5th Nov 2019 14:06

(Sharecast News) - London's second-tier was 0.35% higher at 20,230.47 in afternoon trade on Tuesday, with Rank Group and William Hill leading the index lower.

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Thursday broker round-up

26th Sep 2019 12:46

(Sharecast News) - BBA Developments: Berenberg downgrades to hold with a target price of 335p.

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Monday broker round-up

20th May 2019 13:39

(Sharecast News) - Hays: RBC Capital Markets upgrades to outperform with a target price of 175p.

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TI Fluid Systems' revenues slip as North American operations falter

15th May 2019 09:41

(Sharecast News) - British manufacturer TI Fluid Systems saw group revenues fall back in the first quarter of its trading year, mainly due to the underperformance of its North American operations.

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TI Fluid Systems reports 'strong' results as EV market expands

20th Mar 2019 07:30

(Sharecast News) - Automotive fluid storage, carrying and delivery systems specialist TI Fluid Systems reported a "strong" set of financial results on Wednesday, with revenue growth of 2.0% year-on-year at constant currency, or 3.1% above global light vehicle production growth volumes, to €3.47bn.

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