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Upmarket cooker and kitchen accessories firm AGA Rangemaster saw revenues slip slightly in 2012 and warned that a market upturn in the near future in unlikely as it continues to be affected by a subdued housing market. The company said on Friday morning that it has decided not to pay a final divide
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The FTSE Small Caps index is up 0.4 percent in morning trade, mirroring gains by the FTSE 250 index, also ahead 0.3 percent, while the FTSE 100 index is down 0.1 percent. International Ferro Metals adds 6.8 percent as the ferrochrome producer says operations at both its furnaces in South Africa have
Read moreAGA Rangemaster, a firm which specialises in range cookers and kitchen living, has said its overall revenues for 2012 were down two per cent, primarily because of declines in Ireland and currency movements. However, the group was keen to stress that profit before non-recurring costs, finance costs
Read moreShares of AGA Rangemaster, the maker of upmarket cookers and kitchen appliances, smouldered after it said trading for its major brands has shown some encouraging signs after a slow start to the autumn season. AGA volumes continued to rise 4% at the half year, the group said. The recent addition of
Read more- UK Q2 GDP revised upwards - Greece in focus as Samaras meets Merkel - US QE hopes fading fast UK stocks were volatile in morning trade on Friday but remained firmly in negative territory in spite of some upwards revision to second-quarter gross domestic product (GDP) data in the UK. The state of
Read more- Leader to discuss Greek extension - Markets nervous ahead of UK GDP - Anglo American leads miners lower London's benchmark index slumped in early trading on Friday with mining stocks once again dominating the downward trend ahead of meetings of Eurozone leaders and the release of economic growth
Read moreAGA Rangemaster, the maker of upmarket cookers and kitchen appliances, is looking to overseas markets for growth after weakness in established regions pulled revenues lower in the first half. As such, the group decided not to pay an interim dividend; it paid shareholders 0.8p per share at the half-
Read moreThe stats compilers at the Office for National Statistics have another go on Friday at guessing what UK gross domestic product (GDP) was in the second quarter of 2012. Expectations are that GDP will have shrunk 0.5% during the quarter to a level down 0.6% year-on-year. Those figures, if correct, w
Read more- Markets look ahead to US jobs report - Investors shrug off central bank action - Aviva jumps on Delta Lloyds disposal Following a subdued reaction to central bank policy decisions yesterday, European markets were lower in early trading on Friday as investors looked ahead to key employment data in
Read moreCooker maker AGA Rangemaster said a strong performance in May was followed by a quiet June, as the group continues to experience tough trading conditions, particularly in Ireland. In the first half of 2012 overall revenues and operating profits, excluding property profits, were slightly lower than
Read moreShaun Smith, the Finance Director of cooker maker Aga Rangemaster, has bought 16,090 shares in the firm, on the same day the company revealed a rise in operating profits despite falling revenue. Smith purchased the shares at 87.00p each for a total of £13,998. The Chief Executive, William McGrat
Read moreCooker maker AGA Rangemaster reported a slight fall in revenue but that didn't stop operating profits soaring during the year ended December 31st. Revenue dropped from £259.1m to £250.9m, with operating costs lower at £244.8m (2010: £254m). Second half revenues of £129.5m were down 4.5% year-on-ye
Read moreITV: Goldman Sachs raises price target to 137p from 102p, keeps at buy. Admiral: UBS hikes target from 890p to 1,085p, neutral rating unchanged. Bank of America-Merrill Lynch downgrades to underperform from neutral. AGA Rangemaster: Merchant Securities reiterates buy rating and 102p target. Ca
Read moreExperian: Nomura raises target price to 910p from 867p before. Schroders: Deutsche Bank upgrades to hold from sell. Schroders: Credit Suisse cuts target to 1,390p from 1,450p. Fenner: Credit Suisse raised target to 415p from 395p. Dart Group: Peel Hunt initiates coverage at buy. Next Fifteen
Read moreA "quiet UK market" meant that first half revenues and volumes at upmarket cooker maker AGA Rangemaster were slightly lower than last year. Shares edged 0.2% lower to 112p on Friday morning. However, the firm said that the six months ended 30 June were "solid", seeing growth in operating profit, d
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