The broker reduced its target price for Directa Plus to 80p from 150p and downgraded its rating to ‘hold’ from ‘buy’ after today’s warning on 2017 revenues
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The AIM-listed group reported a rise in adjusted pre-tax profit to £17.7mln, up from £16.8mln a year earlier, with reported pre-tax profit rising to £11.2mln from £10.4mln
The firm said its total forward sales revenue, including legal completions taken to date, is currently £2.56bn, around 11% higher £2.31bn seen at the same stage in 2016.
The FTSE 250-listed firm said its underlying pre-tax profit rose to £2.0mln for to quarter to March 31, a turnaround from a £9.6mln loss in the same period in 2016
The posh wallpaper company has put the disruption caused by flooding of one of its factories behind it
In a trading update, GKN said that overall in the first quarter the group achieved “good organic sales growth as well as continuing to benefit from currency translation”
The company placed shares at 2.75p a pop. The newly issued shares represent 11.1% of the issued share capital of Feedback.
Stobart Group received cash of £113.1mln after a proportion of its stake was placed with institutional shareholders as part of the listing process
If the joint venture is successful in its bid the franchise will operate under the Virgin brand, so it will get the blame ...
Like-for-like sales in the UK are rose by 1.4% in the three months to 22 April said Wilf Walsh, chief executive, but conditions got tougher
The FTSE 250-listed firm reported gross mortgage lending of £2.0bn, giving it a market share of 3.4%, while on a net basis mortgage lending was £0.9bn
The FTSE 250-listed firm reported a headline pre-tax loss of £542mln for the full-year to December 31 2016, up from a £235mln loss in 2015.
Avation began talks to offload the ATR 72-600s last month and those discussions have now materialised into a definitive sale and purchase agreement
In a note to clients, the US broker raised its target for Pru to 1,771p, from 1,640.5p, while keeping a ‘hold’ rating on the stock
The major unknown, the City heavyweight said, was Govia Thameslink Railways, where there is still no update from the Department for Transport on changes to potential franchise terms
Envisaged to be the first salt-lake brine SOP operation in Australia.
Its Skills2Achieve digital learning product has been well-received by schools but sales remain low
The NESF portfolio now has 44 assets with a total of 467 MW peak capacity, and worth a total of £536mln in 'investment value'
Resorts Digital Gaming, Caesars Interactive Entertainment, and Pala Interactive will be taking GMR's B2B offering.
In a pre-close season trading update, the industrial fastenings group said that, on a constant currency basis, the financial year ended 31 March 2017 “finished strongly"
In a trading update for the quarter ended March 31, the FTSE 250-listed firm said its total assets under management were US$88.7bn (£69.45bn), up from US$80.9bn at the end of December
The hotel developer also updated the markets on its performance in 2016
It also revealed it had upped its stakes in two investee companies
Stobart Group’s 49%-owned Eddie Stobart Logistics is expected to list on AIM on 25 April
Saudi Arabia is an important manufacturer and consumer of plastic.