Company
Luceco PLC
LON:LUCE
Luceco plc offers a range of brands, including Luceco, BG Electrical, Masterplug and Ross. The Company's products include Luxpanel, Epsilon and ambient lighting. Luceco light emitting diode (LED) lighting provides commercial and domestic lighting solutions. BG Electrical is a wiring accessory manufacturing brand, which serves electrical trade and specifiers. BG Electrical's products include White Rounded Edge, Nexus Flaplate Screwless, Nexus Metal, Nexus Storm, Nexus Grid and Metal Clad. Masterplug supplies portable power equipment through do-it-yourself (DIY) outlets and street retailers. Masterplug offers products under various categories, including indoor power, such as plugs and adaptors, sockets, chargers and cables; outdoor power, such as case reel, weatherproof box and extension leads, and workpower, such as trailing sockets, inline connectors, cassette reels and cable reels. Ross offers a range of audio visual and home entertainment products.
28 stories
Hardware & electrical equipment
Luceco's interim pretax profit drops 72%, sees improvement in second half
The lighting and wiring company expects to make more profit in the second half than the first, helped by an improving gross margin and an increasing contribution from EV chargers
Archive
Argo Blockchain shares spike on social media rumours
A look at some of the main risers and fallers in London on Friday
Hardware & electrical equipment
Luceco upgrades 2020 guidance after ‘record’ third quarter trading
Better-than-expected online selling and a recovering professional sector boosted third-quarter trading
Hardware & electrical equipment
Luceco shines as profit guidance hiked; Peel Hunt upgrades its rating to ‘buy’ from ‘add’
The group now expects a full-year adjusted operating profit of “at least £18mln to at least £23mln”, up from earlier guidance that profits would be above £18mln
Hardware & electrical equipment
Luceco mulls over interim dividend as profits could top expectations
Demand has been improving following an initial dip at the onset of the coronavirus crisis
Hardware & electrical equipment
Luceco ups profit guidance but Peel Hunt downgrades
Adjusted operating profit is expected to be in the range of £17.5mln to £18mln for 2019 and between £20mln and £21.5mln in 2020
Hardware & electrical equipment
Luceco shines even brighter after bullish AGM update
UK consumer and overseas sales for the LED lighting specialist are going well, with margins also increasing
Hardware & electrical equipment
Luceco in demand as remedial action sparks profit rebound
Luceco had successfully improved its competitive position and bolstered systems and processes, said its CEO
Investments and investor services
FTSE 100 closes in the red as Brexit and trade war fears continue to hit sentiments
The International Monetary Fund issued a warning, saying a "no-deal" Brexit would send the British economy into severe shock
Archive
Sumo no heavyweight but finals should show good development, yet unlikely to divert from Brexit
The Day Ahead will continue to be dominated by the Brexit saga, with the corporate news diary limited to small cap firms, including City Pubs Group, Destiny Pharma
Archive
Retailers Tesco and ASOS to provide the main corporate excitement in coming week
Also on the retail front, WH Smith and Dunelm will issue updates as well in the Week Ahead, while on the macro front an ECB rate decision and US FOMC meeting minutes are also due
Investments and investor services
FTSE 100 closes higher; British American Tobacco lights up
The UK's blue-chip benchmark finished over 86 points higher at 6,833, while FTSE 250 closed nearly 168 points higher
Archive
Royal Mail update expected to delivery another decline; second Brexit parliamentary vote key
Aside from the Royal Mail update, investors will also have an eye on news from Hargreaves Lansdown, Crest Nicholson and Domino's Pizza
Archive
Quality and quantity on the company news front, but Brexit vote, Fed rates, US jobs to be key
The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
Hardware & electrical equipment
Luceco struggles to sparkle after challenging half year
Telford-based Luceco said its progress had been limited by slowing retail sales and weakening consumer confidence in the UK
Hardware & electrical equipment
Luceco shares drop as Berenberg switches off the lights
The German investment bank slashed its price target for Luceco to just 45p, having previously thought they were worth 135p
Archive
Asia to drive quarterly earnings growth at HSBC and Standard Chartered
Another busy week of earnings from FTSE 350 companies awaits
Ceres Power Holdings surges as market cheers update
We take a look at some of the major movers - risers and fallers - in London on Friday.
FTSE 100 closes almost 36pts up as traders buy back in
The blue chip index closed out almost 36 points higher at 7,413
Archive
ASOS tipped to show strength
Week ahead: Asos, Panmure Gordon, Sprue Aegis, Electrocomponents