AVS.L Share News (AVS)

Avesco Group Swings To Operating Profit As Restructuring Pays Off

Avesco narrows losses after restructuring

Solid performances across its divisions after last year's restructuring saw Avesco Group, a provider of services to the live events, broadcasting and entertainment markets, narrow its losses. Full year loss before tax was slashed to £430,000 from £9.88m last year, while operating profit swung to £0.

UK MIDDAY BRIEFING: BP Gets China Deal, Shell In Asset Sale

LONDON (Alliance News) - British oil major BP will sign a long-term contract worth around USD20 billion, or about GBP11.8 billion, to supply liquefied natural gas to China National Offshore Oil Corp, BP Chief Executive Bob Dudley said at a conference in Moscow Tuesday.
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UK WINNERS & LOSERS: Xaar Plummets After Guidance Cut

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Whitbread, up 3.1%. The Premier Inn hotels and Costa Coffee chain operator re

Avesco Shares Surge On Outlook Despite Swinging To First-Half Loss

LONDON (Alliance News) - Media services group Avesco Group PLC saw its shares rise Tuesday despite the company saying it swung to a loss in the first half of the year with broadly flat revenues, as it said that its full year results are likely to exceed its expectations. Avesco Group shares

Shire CFO sells shares ahead of departure

Shire's soon-to-depart Chief Financial Officer, Graham Hetherington, sold 2.29m pounds-worth of shares in the pharmaceutical giant. Hetherington, who on Friday annonced his intention to step down at the beginning of March to spend more time with his family, exercised a stock appreciation right awa

DIRECTOR DEALINGS: Avesco Chairman Buys 100,000 Shares

LONDON (Alliance News) - Avesco Group PLC Monday said Chairman Richard Murray bought 100,000 shares at a price of 108.37 pence per share Friday. Following this transaction, Murray is interested in 5.6 million shares, representing 29.74% of the total voting rights. Shares in the produc

Avesco Delays Holder Payout Pending "Transaction" Talks

Soon-to-retire Informa CEO sells up

Informa's out-going Chief Executive, Peter Rigby, has reduced his stake by 285,372 shares ahead of his retirement from the B2B business information and publishing group later this year. The shares were sold at 532.42p each, pocketing the director £1.5m. Rigby announced his plans for retirement on

Avesco Buoyed By Disney Payout, But Operations Struggle

London's AIM volumes surge on new investor savings rules

* AIM volumes set for best week in two months * Ban on AIM stocks in ISA accounts lifted * Move seen keeping AIM volumes elevated * Basic resources stocks see big take-up By Tricia Wright LONDON, Aug 9 (Reuters) - London's beleaguered junior stock market is on track

Quarterly results show slight revenue decline at Avesco

AIM-listed corporate services provider Avesco Group has unveiled a 10 per cent reduction in revenue in its preliminary results for the three months ended December 31st compared to the corresponding period one year earlier. The group, which provides services to the professional presentation, enterta

Avesco Chairman adds to stake, while fellow directors sell

Avesco, an AIM-listed corporate services provider, said Wednesday that its Chairman, Richard Murray, acquired 200,000 ordinary shares at 150p a go, as a number of his fellow board members opted to downsize their holdings in the group. Murray's transaction was by far the largest, costing him a tota

Operating profit up 196 per cent at Avesco following stellar year

AIM-listed corporate services provider Avesco has posted strong annual results for the year ending September 30th, buoyed by significant Olympics-related turnover. The company, which supplies services to the corporate presentation, entertainment and broadcast markets disclosed that operating profit

Avesco falls after Disney appeals ruling

Corporate services provider Avesco saw its shares slide after the Walt Disney company said it would keep fighting a case over hidden profits. Avesco is waiting to see if it will finally profit from a multi-million pound case again Disney, brought by British production company Celador. Celador, the