9 Sep 2014 05:27
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
AVN.L Share News (AVN)
AVN Share
Price
AVN Share
News
AVN Share
Chat
AVN Share
Trades
AVN
Live RNS
AVN Share
Charts
AVN Broker
Ratings
AVN Directors
Deals
AVN Financial
Diary
AVN
Fundamentals
AVN Short
Positions
AVN
Media
AVN.L Information
- There is currently no data for AVN
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Avanti Communications posts narrower first half loss
Thu, 04th Feb 2016 12:27
(ShareCast News) - Avanti Communications, which provides satellite data communications services, said its loss for the half year narrowed.For the six months to the end of December 2015, the loss narrowed to $45.5m (£31m) from $48m, on largely flat revenue of $31m compared with $31.1m in the same period a year earlier.Avanti won $40m of contracts mainly with government and large telecoms customers in the second quarter, which it reckons will make a strong contribution to second half revenue.The company said its expectations for 50% growth in continuing revenue at constant currency in the full 2016 financial year are supported by recent order wins.Chief executive officer David Williams said: "Our growth prospects are supported by both our recent order wins and a very strong pipeline of near term opportunities that are in advanced stages of negotiation."Avanti is strongly capitalised with more than adequate cash headroom. In a pioneering market, the combination of a good product, good customers and a fully funded model assures us that Avanti has a successful trajectory ahead."At 1230 GMT, Avanti shares were down 9.8% to 124.50p.
More News
8 Sep 2014 15:15
8 Aug 2014 16:37
Sector movers: BT and Dixons Carphone drag telecoms lower
Telecoms stocks were among the worst performers in London on Friday with BT Group and newly-merged Dixons Carphone trading in the red. BT was 1.5% lower on reports that the company will have to wait until next month before a court will give its verdict on its long-running battle with BSkyB over who
Read more5 Aug 2014 14:34
BUZZ-Avanti: de-linking
** The pain is unlikely to be over for shares of satellite operator Avanti Communications. ** Volume has ticked higher over the past month as the stock races towards a record low. ** Though none of the 4 analysts tracked by StarMine it a "sell" (3 "buys" & 1 "hold"), the stock ranks v
Read more21 Jul 2014 09:29
Monday broker round-up UPDATE
APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec
Read more7 Jul 2014 16:29
Avanti Comms directors increase company holdings
Satellite operator Avanti Communications on Monday reported that David Bestwick, its Chief Technology Officer, and Nigel Fox, its Chief Financial Officer, had both increased their holdings in the group. The largest of the purchases was made by Bestwick, who bought 4,000 shares at 250.03p each on F
Read more7 Jul 2014 08:47
Avanti Comms selected for government contract in Middle East
Satellite group Avanti Communications has been selected by ESER Telekom, a Turkish telecoms firm, for the delivery of a government contract in the Middle East. Under the agreement, ESER will deploy Ka-band services in the Middle East for an international connectivity programme. "This win further
Read more