Fri, 19th Oct 2012 14:05
Wood-hardening company Accsys cut losses by almost a quarter in the year to March as revenues stiffened markedly thanks to growing traction in its end markets. Revenue grew 78% to €33.5m, with increases recorded across all geographic territories, helping gross profit more than double to €7.8m as gr
Read moreLONDON (Alliance News) - Accsys Technologies PLC Monday said it has extended its licence option agreement with Tricoya Technologies Ltd and Chilean panel producer Masisa SA, which will see the launch of Masisa Tricoya Super MDF throughout Latin America. Masisa Tricoya Super MDF is a durable
Read moreLONDON (Alliance News) - HSBC Holdings Wednesday reported a 20% drop in first-quarter pretax profit, driven by a weak performance Asia, Latin America and its investment bank, that was only partially offset by lower impairment charges and continued cost cutting.
In a
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
-------
FTSE 100 - WINNERS
-------
Legal & General Group, up 3.2%. The group said it expects to write more
Annual sales were much higher than expectations at wood hardening group Accsys Technologies, the company confirmed in a pre-close update. The AIM-listed outfit winched total revenue 78% higher to €33.5m, which helped lift its year-end cash 5.6% to €15.2m thanks also to better licence income and imp
Read moreLONDON (Alliance News) - Shares in Accsys Technologies PLC rose Wednesday morning, after the environmental science and technology company reported strong growth in revenues and narrowed its losses in its recent financial year. The group said its overall loss for the year ended March 31 was
Read moreLONDON (Alliance News) - Accsys Technologies PLC and Jupiter Second Split Trust PLC both appointed new chairmen Tuesday after the previous holder of the roles, former Babcock International Group PLC Chief Executive and Chairman Gordon Campbell, died. In a statement, investment trust Jupiter
Read moreAccsys Technologies, the AIM environmental science and technology firm, said that the revenue momentum seen in the first half continued into its third quarter on the back of continuing strong demand for its Accoya wood product. The company, which has developed its Accoya treatment to give wood a lo
Read moreLONDON (Alliance News) - Bank of England Governor Mark Carney Wednesday said the central bank still thinks interest rates will have to remain where there are for some time for come, as he changed the bank's trigger for discussing rate rises to the takeup of "spare capacity" in the economy rath
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
-------
FTSE 100 - WINNERS
Babcock International Group, up 2.4%. The company has confirmed its jo
LONDON (Alliance News) - Accsys Technologies PLC saw its shares rise strongly Wednesday after it reported a 71% increase in revenues for the nine months to end-December, driven by growth in demand for its Accoya wood, and said it expects the growth trend to continue. In a statement, the pro
Read more