Turbo Power Systems rallies after APU contract
7th Apr 2011 16:31
Shares in Turbo Power Systems surged by over a fifth Thursday after the generator designer was awarded a $13m contract with German transportation giant Bombardier Transport. The group will design, develop and supply 380 Auxiliary Power Unit (APU) Systems for the Sao Paulo Expresso Tiradentes Monora
Read moreTurbo cost increase leads to higher loss
12th Nov 2010 14:00
Third quarter figures from generators designer Turbo Power Systems show revenues 23% higher at £1.79m but increased net development spending and higher production costs meant that the company made an increased loss. Development income fell from £660,000 to £98,000 in the three months to September
Read morePRESS RELEASE: Turbo Power Systems Inc ("TPS" or the "Company"): Grant of Options to Directors and Senior Management
25th Jun 2010 07:00
LONDON, UNITED KINGDOM--(Marketwire - June 25, 2010) - Turbo Power Systems Inc ("TPS") (TSX:TPS)(AIM:TPS) Following the receipt of shareholder approval at the Company's Annual General Meeting on 14 June 2010, and further to the details contained in the circular to shareholders dated 20 May 2010
Read morePRESS RELEASE: Turbo Power Systems Inc.: Completion of Investment
16th Jun 2010 11:00
LONDON, UNITED KINGDOM--(Marketwire - June 16, 2010) - Turbo Power Systems Inc ("TPS") (TSX:TPS)(AIM:TPS), a leading UK based designer and manufacturer of innovative power solutions, is pleased to announce, following receipt of shareholder approval and admission to trading on AIM, the completion of
Read morePRESS RELEASE: Turbo Power Systems Inc. ("Turbo Power Systems" or "TPS" or "the Company") Result of AGM and Completion of Investment
14th Jun 2010 14:36
LONDON, UNITED KINGDOM--(Marketwire - June 14, 2010) - Turbo Power Systems (TSX:TPS) (AIM:TPS) announces that all resolutions were passed at its Annual General Meeting which was held at 10.00am on Monday 14 June 2010 and consequently, the Investment by Tao as described and defined in the announcemen
Read moreSmall caps round-up: Turbo Power, Payzone, IPSA
23rd Dec 2009 08:27
Shares in power generation and conditioning equipment supplier Turbo Power Systems climbed higher after it said it reached an agreement to repay a loan at a reduced rate to that initially agreed. The company said that 2005 Loan Notes, which would have been due in March 2010, can now be repaid at a
Read moreSmall caps round-up: Turbo Power, Cryptologic, Greystar...
13th Nov 2009 08:20
Turbo Power Systems narrowed its net loss for the third quarter to £0.34m from £1.85m in 2008 and posted an EBITDA profit of £0.11m versus a loss of £152m a year ago. The designer and manufacturer of power solutions said production and development income for the quarter rose to £2.1m from £1.8m. "
Read moreSmall caps round-up: Critical Information, Avisen, Turbo Power
14th Aug 2009 07:49
Media sector consolidator Critical Information has confirmed it is in discussion with parties regarding a possible takeover of Incisive Media. The acquisition, if it takes place, would constitute a reverse takeover under the AIM Rules for companies. The company said that trading in its shares on AI
Read moreTechMARK movers: Turbo Power races ahead
15th May 2009 13:14
Turbo Power Systems saw losses narrow in the first quarter and said the majority of its markets are still proving to be resilient to the current economic turmoil. Losses reduced to £0.37m in the quarter ended March compared with a £2.29m loss last time. Specialist healthcare group Ark Therapeutics
Read moreSmall caps round-up: Mission Marketing, Mercury Recycling, Medicsight...
15th May 2009 08:12
Marketing communications company Mission Marketing has raised £1m from a placing of 2.5m shares with new and existing institutional shareholders at 40p each. "We were delighted with the reaction we received following the publication of our preliminary results for the year ended 31 December 2008," s
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