Ubisense soars after proposing £35m RTLS sale

21st Nov 2018 12:51

(Sharecast News) - Ubisense jumped on Wednesday after it proposed the £35m sale of its RTLS Smartspace business to a company controlled by Bahraini private equity firm Investcorp Bank.

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Ubisense revenues drop 20% after Japan disposal

7th Aug 2018 10:11

(Sharecast News) - Industrial process management firm Ubisense saw its shares dip on Tuesday after the company forecast a drop in first-half revenue following the sale of a Japanese geospatial unit.

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Ubisense expects revenue to be 'significantly' better than previous year

27th Jan 2017 08:54

(ShareCast News) - Shares in Ubisense Group soared after the developer of enterprise location intelligence systems said it expects revenue for 2016 to be "significantly" higher than the previous year, largely due to new contract wins. The AIM-listed company expects revenue growth, margins, cost mana

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Ubisense appoints former Asset Control CEO

15th Dec 2016 10:46

(ShareCast News) - Ubisense group, an AIM listed enterprise location intelligence solutions provider, has appointed former chief executive of Asset Control Richard Petti as CEO starting 14 December 2016. Executive chairman Peter Harverson will revert to non-executive chairman in the first half of

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Ubisense shares plummet as losses widen

7th Apr 2016 14:21

(ShareCast News) - Real-time location intelligence firm Ubisense saw its shares fall fast on Thursday, after it posted wide losses for the 2015 calendar year. The AIM-traded company reported group revenue of £22m, down from £35.1m in 2014. Its gross margin was also reduced, to 35% from 39.9%. Ubise

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Ubisense shares drop on revenue shortfall warning

3rd Jul 2015 07:29

Shares in Ubisense dropped sharply on Friday after the business services group said that a revenue shortfall in the first half would unlikely be recovered. The AIM company, which specialises in so-called 'Enterprise Location Intelligence' solutions, had previously announced the slippage of two major

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Ubisense's CFO steps down to pursue other interests

29th Jun 2015 07:15

Intelligence solutions group Ubisense has announced Robert Parker, its chief financial officer, has stepped down from his role. The group said Parker, who will be replaced by the group finance director on an interim basis, had decided to leave the group to pursue other interests. "During his tenure

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Ubisense Group secures $0.5m deal

18th Aug 2014 12:36

AIM-listed Ubisense Group, a real-time location intelligence company, on Monday won a $0.5m deal with an unnamed agricultural equipment manufacturer. Under the deal, Ubisense will install its "smart factory" process tracking system in one of the manufacturer's European plants. The group said the

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Sector movers: ARM lifts tech stocks, miners rise

22nd Jul 2014 15:28

A positive market reaction to quarterly results from ARM Holdings helped tech stocks jump on Tuesday, while a return of risk appetite lifted the miners. Chip designer ARM, which makes processors for smartphones and tablets, said pre-tax profit in the six months to June 30th rose 9% year-on-year to

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Ubisense scores contract with unnamed blue chip utility group

22nd Jul 2014 08:15

AIM-listed Ubisense has landed a contract worth $1.5m with an unnamed US power utilities group for its location-data application myWorld. The application will provide geospatial data to the company's employees. The contract will provide the unnamed blue chip utility firm visibility across their o

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Ubisense wins €1.7m contract extension

16th Jun 2014 16:17

AIM-listed Ubisense has landed orders worth more than €1.7m for software and services to facilitate the fibre planning and maintenance a large European telecommunications company. The award is an extension of an earlier agreement. Richard Green, Ubisense Chief Executive Officer, said: "This blue

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Ubisense appoints former Rolls Royce production manager as non-exec

27th May 2014 13:58

AIM-listed technology company Ubisense Group announced it has appointed former Rolls Royce Production Manager Ian Kershaw as a Non-Executive Director. Kershaw, 49, is currently Managing Director at engineering and environmental consulting company Ricardo Strategic Consulting. Prior to his role at R

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Ubisense lands order with large communications firm

7th Apr 2014 12:35

Ubisense Group, a real time location intelligence (RTLI) solution provider, has announced that it has received a software order from a large communications network operator. It will provide the operator with engineering and operational staff with an online/offline web-based tool for its map based a

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Ubisense raises funds to expand solutions business division

2nd Apr 2014 16:50

Ubisense Group, which develops real-time location intelligence (RTLI) solutions, has raised funds for the development of its solutions business division after placing just under 1.93m shares at 220p each. The company raised around £4.2m after placing the shares with institutional investors. Chief

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Tuesday broker round-up UPDATE

21st Jan 2014 08:17

BG Group: Credit Suisse ups target price from 1170p to 1200p, while leaving its underperform rating unchanged. BHP Billiton: UBS lowers target price from 2090p to 2060p, while its buy recommendation is kept. Diageo: UBS cuts target price from 2050p to 2000p maintaining a neutral rating. DP World

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