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EARNINGS: Andrews Sykes revenue up; Safestay optimistic
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Don't have an account? Click here to register.Active Energy says wood chip volumes will be hit by delays
Mon, 13th Jul 2015 11:46
(ShareCast News) - Wood chip supplier Active Energy said delays in installing new handling equipment will result in a reduction in forecast hardwood wood chip volumes for 2015.The group said that as a result of delays in ordering the necessary equipment and a longer-than-expected lead time for installation and commissioning at its wood chip facilities in Yuzhny Port, the new production line will now be fully operational in late August.Still, Active Energy expects overall volumes for the year to be more than double the 154,103 tonnes achieved in 2014.Chief executive officer Richard Spinks said: "Our considerable investment in new equipment for our well-established hardwood product offering and an entirely new production facility for softwood wood chip will enable us to establish a firm foundation for the future to satisfy the continually-growing demand from our Turkish MDF manufacturing customer base."Although the timing of these facilities upgrades has been delayed due to circumstances beyond our control, the Board and I remain very confident that we will end 2015 with more than twice the production volumes achieved in 2014 - at improved margins due to the efficiencies we have implemented - and we anticipate that 2016 will show a further substantial growth in volumes, in line with our long-term business strategy."At 10:59, shares were down 2.9% at 6.40p.
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UK shareholder meetings calendar - next 7 days
| Wednesday 5 July | |
| AdvancedAdvT Ltd | AGM |
| Bonhill Group PLC | AGM |
| Burford Capital Ltd | AGM |
| Capital Gearing Trust PLC | AGM |
| Clarify Pharma PLC | AGM |
| Eneraqua Technologies PLC | AGM |
| i(x) Net Zero PLC | AGM |
| Thursday 6 July | |
| 3i Group PLC | AGM |
| 3i Infrastructure PLC | AGM |
| Great Portland Estates PLC | AGM |
| J Sainsbury PLC | AGM |
| Katoro Gold PLC | AGM |
| Land Securities Group PLC | AGM |
| Mining, Minerals & Metals PLC | AGM |
| Peel Hunt Ltd | AGM |
| Severn Trent PLC | AGM |
| Workspace Group PLC | AGM |
| Young & Co's Brewery PLC | AGM |
| Friday 7 July | |
| Griffin Mining Ltd | AGM |
| GRIT Investment Trust PLC | AGM |
| Liontrust Asset Management PLC | GM re takeover by GAM Holding AG and share cancellation |
| Nanoco Group PLC | GM re cancellation of Share Premium Account |
| Monday 10 July | |
| Altona Rare Earths PLC | GM re admission to LSE |
| Financials Acquisition Corp | GM re extension of business combination deadline |
| More Acquisitions PLC | AGM |
| N Brown Group PLC | AGM |
| National Grid PLC | AGM |
| Sirius Real Estate Ltd | AGM |
| TruFin PLC | GM re open offer shares |
| Tuesday 11 July | |
| Active Energy Group PLC | AGM |
| British Land Co PLC | AGM |
| Octopus Apollo VCT PLC | AGM |
| Windar Photonics PLC | AGM |
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21 Jun 2023 10:59
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