Director dealing: John Laing FD buys ahead of dividend payout
23rd Mar 2016 15:48
(ShareCast News) - John Laing Group finance director Patrick Bourke splashed out £137,000 worth of shares at a price of 228.25p in the infrastructure investor, bumping up his stake as the company bumps up its dividend payouts. As part of results earlier this month, the FTSE 250 group, which floated
Read moreZotefoams kick starts Chinese joint venture
11th Feb 2016 15:08
(ShareCast News) - Zotefoams kicked its Chinese joint venture into action on Thursday, with the announcement of a new product - T-FIT Clean - to be made at its facility in the country's Jiangsu province. The listed supplier of cellular material technology said the product would be manufactured and s
Read moreZotefoams shares drop despite profit boost
4th Aug 2015 11:39
(ShareCast News) - Foam maker Zotefoams saw its shares drop as a strong set of first-half results was held back by currency movements. Zotefoams, whose products are used in the sports, packaging, transport, toys, building and the military sectors, said profit before tax was up by 88% to £3.02m from
Read moreMonday broker round-up UPDATE
19th May 2014 07:55
Alent: Numis moves target price from 330p to 340p upgrading to add. AVEVA Group: Westhouse Securities initiates with a target price of 2260p and a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 1039p to 1042p and stays with its buy recommendation. Brown (N) Group: J
Read moreZotefoams spies end of European foam destocking trend
15th Jan 2014 14:17
Plastics and foam-maker Zotefoams said it saw fewer shipments of 'polyolefin' foams to Europe in the fourth quarter but expected to progress in this market in 2014. The polyolefin shortfall will see the AIM-listed company report full year group sales down around 5% compared with 2012, which was exp
Read moreTwo AGA execs top up stakes as firm gives confident outlook
21st Aug 2013 16:21
Two board-members of upmarket cooker maker AGA Rangemaster topped up their stakes in the company on Wednesday, the same day the firm impressed the market with an upbeat outlook for the second half. Chief Executive Officer William McGrath bought 9,160 shares at a price of 108.73p each, spending a to
Read moreZotefoams launches JV with Japanese foam giant
12th Jul 2013 11:47
Specialist plastics and foam-maker Zotefoams has set up a sales and manufacturing joint venture with one of Japan's largest chemicals companies. Inoac Corporation, the world's leading foams producer, has signed two 50/50-owned joint venture (JV) agreements, one to sell Zotefoams' UK-made Azote-bra
Read moreHikma Pharmaceuticals non-exec sells 5,700 shares
21st May 2013 15:52
Ronald Goode, a non-Executive Director of Hikma Pharmaceuticals, has disposed of 5,700 shares at 983.00p each. The £56,031 sale comes less than a week after the company upgraded its 2013 revenue growth forecast following a strong start to the year. In an announcment released May 16th, the group t
Read moreZotefoams says sales meeting expectations
9th Jan 2013 09:20
Zotefoams, which manufactures and sells high-performance foams, said on Wednesday its business has continued to perform in line with expectations following sales growth in 2012. Ahead of preliminary results for the year ended December 31st 2012, the company said it expected an annual sales growth
Read moreFriday broker round-up
26th Oct 2012 10:00
African Barrick Gold: Investec cuts target from 530p to 526p, hold rating kept. APR Energy: UBS cuts target from 600p to 530p, sell rating unchanged; Jefferies cuts target from 850p to 625p, hold rating kept. ASOS: Deutsche Bank downgrades to hold; Nomura ups target from 1,930p to 2,000p, neutral
Read moreStrong first half for Zotefoams
7th Aug 2012 10:10
Foam products maker, Zotefoams, reported a strong first half with profits and revenues up towards double digits. Profit before tax rose by 9.5% to £3.59m on revenues that were up 9.9 % to £24.81m. Earnings per share increased by 10.6% to 7.3p, while the company declared an increased dividend of 1.
Read moreZotefoams stacks up half year sales
9th Jul 2012 07:49
Zotefoams, a foam products maker, said it experienced good revenue growth in the first half of 2012, with sales up roughly 10 per cent from the same period last year. The group, which makes foam products used by the marine, military, sports, packaging, transport, healthcare, toys and building mark
Read moreHilton Chief stocks up on 100,000 shares
13th Apr 2012 12:51
Robert Watson, Chief Executive Officer of Hilton Food Group, snapped up 100,000 shares in the company on Wednesday April 11, less than a fortnight after the company posted a 10% rise in pre-tax profits. Watson, who has held his position since 2002, purchased the shares at 280p each for a total ou
Read moreZotefoams blowing profit bubble
6th Mar 2012 11:05
The foam products maker, Zotefoams, says a strong order book and significant cash in the bank should lead to a strong 2012. Its full year 2011 results show that profit before tax increased by 16% to £5.47m (2010: £4.70m excluding exceptional items), a doubling in the last 5 years. By the end of De
Read moreWednesday tips round-up: Persimmon, Marshalls, Zotefoams
6th Jul 2011 06:38
Persimmon, the country's largest housebuilder, built 4,439 homes in the first half, down 5% on the year, which were sold at an average of £162,000. This price represented a 4% decline because of a higher mix of smaller houses. Yet margins edged up to 9% from 8%. The main bugbear for investors is the
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