Two 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
Read moreHigh input costs continue to hurt Zotefoams
5th Jul 2011 10:08
High-performance foams supplier Zotefoams recorded a 10% rise in like-for-like sales, in the six months to 30 June. The rise, which excludes the consolidation of MuCell Extrusion, was driven by growth in its Azotec polyolefin foam products, which has uses in packaging, construction and automotive
Read moreLondon close: FTSE 100 rallies to flat finish
8th Mar 2011 16:53
The FTSE 100 rallied strongly to close flat after a volatile. Traders were unsure how to react to continuing violence in Libya and indications from Opec that the cartel will lift oil production. The oil price eased, but so did metals, which dealt a blow to the mining sector, particularly precious m
Read moreLondon afternoon: Miners drag down Footsie
8th Mar 2011 14:34
Mining stocks are weighing heavily on Footsie as the price of gold and copper moved lower today. Precious metal miners Randgold Resources and African Barrick are the big fallers in the sector, but even copper miner Antofagasta is under the cosh, despite announcing it is to pay a huge special divid
Read moreZotefoams adopts progressive dividend policy
8th Mar 2011 11:22
High-performance foams supplier Zotefoams says that it intends to adopt a progressive dividend policy following a strong profit performance in 2010. Zotefoams increased its final dividend by 5% to 3.15p a share. The total dividend for the year is 4.65p a share. The dividend is covered just over tw
Read moreThursday tips round-up: Mouchel, Centamin Egypt, Hambledon...
23rd Dec 2010 06:31
When Mouchel Group on December 6 announced it had received takeover approaches, various names were in the frame, including fellow outsourcers Serco, Mitie and Carillion. No one mentioned Costain. An authoritative note from broker Peel Hunt after the bid approaches were revealed suggests any bidder c
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