The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAIREA Share News (AIEA)

Share Price Information for AIREA (AIEA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 30.50
Bid: 29.00
Ask: 32.00
Change: 0.00 (0.00%)
Spread: 3.00 (10.345%)
Open: 30.50
High: 30.50
Low: 30.50
Prev. Close: 30.50
AIEA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Howden Joinery Suspends Payouts, Guidance

Thu, 26th Mar 2020 17:44

(Alliance News) - The following is a round-up of updates by UK companies on the impact of the Covid-19 pandemic, issued on Thursday and not separately reported by Alliance News:

----------

Howden Joinery Group PLC - kitchen supplier - Reopening selected depots to provide support to trade customers. Sales in period to March 21 period broadly flat, slightly down on a same depot basis. Withdraws market guidance for the remainder of year ending December 26. To suspend share buyback programme and withdraw 9.1 pence per share final payout for financial 2019. Re-evaluating capital expenditure plans.

----------

Pembridge Resources PLC - Canada focused copper-gold-silver miner - Says no virus cases at the Minto mine, but adopting measures safeguard all employees at mine. Cancels all non-essential travel to mining site for employees, contractors and visitors. London office closed in accordance with UK government recommendations, staff working remotely.

----------

EPE Special Opportunities Ltd - private equity investment company - To delay release of results for the year ended January 31 in line with UK Financial Conduct Authority's two-week moratorium. Says long-term impact of virus on the company and its portfolio uncertain. Maintains strong liquidity of GBP26.4 million as at January 31 and operates with modest committed outgoings. Portfolio taking steps to manage liquidity, financial position and trading outlook.

----------

Feedback PLC - medical imaging company - To provide Bleepa imaging-based communication platform as a tool to assist coronavirus response. To pause Bleepa pilot programme for evaluating specific clinical workflow applications and is now now evaluating options for a wider rollout to support the local Covid-19 response at Pennine NHS Trust.

----------

Glenveagh Properties PLC - Irish housebuilder - Implementing measures to limit virus spread, allowing construction sites to remain operational. Sales performance in the current financial year in line with the board's expectations with over 475 units sold, signed or reserved. Starts virtual viewings of show villages. Reservations, signings and closings continue, albeit at slower pace. Suspending financial guidance until virus impact become clearer. Cash resources and available committed facilities total EUR121 million, plus a further EUR125 million of uncommitted facilities.

----------

1PM PLC - finance provider - Operations being effectively and successfully carried out with 190 employees operating remotely. Says multiple borrowers requesting payment delays, holidays, or similar forbearance. Delaying payment holidays and the rescheduling of lease and loan agreements on a case by case basis. Lobbying for changes and extensions to UK government's funding initiatives. Trading in line with market expectations through to the third quarter ended February 29. Unable to provide financial guidance and deferring decision on the amount and timing of final dividend.

----------

Apax Global Alpha Ltd - investment trust - Expects decline in net asset value in the short term. Monitoring liquidity in each portfolio company. Believes much of private equity portfolio is in sectors that are less severely impacted by the virus crisis. Available liquidity stood at EUR179.1 million as of Wednesday.

----------

Airea PLC - floorcoverings manufacturer - Predicts an overall reduction in demand for flooring products. Withdraws final 1.3 pence per share dividend for 2019. Trading to date including the majority of first quarter in line with expectations. Halts all non-critical expenditure. Has cash of GBP3.0 million and GBP1 million overdraft facility.

----------

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
23 Sep 2015 07:28

Airea Posts Annual Profit Growth As It Improves Product Range

Read more
22 May 2015 13:01

DIRECTOR DEALINGS SUMMARY: Glencore Non-Executive Cuts Stake

Read more
20 May 2015 14:06

DIRECTOR DEALINGS: Airea Finance Boss Buys 58,738 Shares

Read more
10 Mar 2015 12:42

UK MIDDAY BRIEFING: The Man From The Pru To Leave On High Note

Read more
10 Mar 2015 12:05

UK WINNERS & LOSERS: Oil Stocks, Gold Miners Hit By Price Weakness

Read more
10 Mar 2015 10:08

Airea Reports Strong Profit Rise Despite Intense Competition

Read more
8 Jan 2015 18:32

Airea Says 2.8 Million Shares Validly Tendered

Read more
26 Sep 2014 07:02

Airea Increases Annual Profit Despite Sales Fall; "Competition Fierce"

Read more
21 Feb 2014 13:53

UK MIDDAY BRIEFING: FTSE 100 Heads For Sixth Daily Gain

LONDON (Alliance News) - The FTSE 100 looks set to post its sixth consecutive daily rise Friday, as it nears its 2014 high amid a continuing rally in stock markets around the world, largely driven by the recovery of the world's largest economy.

The focus in London Friday has been on

Read more
21 Feb 2014 11:57

UK WINNERS & LOSERS: IP Group, Millennium & Copthorne Lead FTSE 350 Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Royal Bank of Scotland Group, up 2.4%. The bank is preparing a dramatic retrenchment that would see it become a much smalle

Read more
21 Feb 2014 08:33

Airea Reports Pretax Profit Drop For "Challenging" H1

LONDON (Alliance News) - Airea PLC said Friday that pretax profit and revenues fell during the half-year, as it continues restructuring plans amid ongoing "hostile market conditions." In its interim results for the six months to December 31 2013, Airea said that the period has proved challe

Read more
30 Sep 2013 09:05

CORRECT: Airea Profits Increase Despite Consumers Remaining Cautious

Read more
24 Sep 2013 07:20

Airea Losses Widen As Consumers Cautious, Construction Outside London Weak

Read more
20 Mar 2012 12:33

Small caps round-up: Fitbug, Environmental Recycling, Airea

Fitbug Holdings, the AIM traded provider of online personal health and well-being services, has reported solid growth in France where diet club partner Anxa has confirmed a minimum forecast of 6,000 orders for its activity tracking device for the year. The firm has also launched the device into the

Read more
14 Apr 2011 17:03

Wolseley chairman spends £200,000

Gareth Davis, the chairman of Wolseley, has splashed out nearly £200,000 on shares in the plumbing supplies group. Davis, who took up his post at Wolseley at the beginning of the year after he stepped down as the chief of Lambert & Butler cigarettes maker Imperial Tobacco, took 9,720 shares at 2,14

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.