BPI.L Share News (BPI)

Sector movers: Industrials lower as Smiths Group underwhelms

An underwhelming first-quarter update from Smiths Group meant that the general industrials sector was one of the worst performing categories on Tuesday. The company, which works in the threat & contraband detection, medical devices, energy, communications and engineered components markets, said tha

British Polythene Industries Says Full Year To Meet Market Expectations

DIRECTOR DEALINGS: British Polythene Industries Director Sells Shares

Wednesday tips round-up: Petrofac, BPI

Shares of oil equipment manufacturer Petrofac are too cheap given the very positive expectations for its sales and earnings next year. Not only were its interim figures out yesterday better than expected, the company is expected to receive a significant boost as the In Salah gas project comes on-lin

Tuesday broker round-up UPDATE

Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.

British Polythene 'comfortably ahead' of expectations

Plastics manufacturer British Polythene Industries now expects to report a strong set of first-half results thanks to strong agricultural demand and lower raw material costs. The maker of plastics for agricultural, manufacturing, waste management and construction industries said it expected results

Thursday broker round-up UPDATE

Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation. Anite: Panmure Gordon shifts target price from 170p to 171p and maintains a buy recommendation. Atkins: Credit Suisse raises target price from 770p to 822p, but downgrades to underperform. Avacta Group:

Monday broker round-up UPDATE

Aggreko: JP Morgan takes target price from 1845p to 1870p, while reiterating a neutral rating. Anglo American: Nomura reduces target price from 1800p to 1700p and downgrades from neutral to reduce. ARM Holdings: Deutsche Bank increases target price from 400p to 445p, but still recommends selling.

British Polythene sales fall, as expected

Manufacturing firm British Polythene Industries (BPI) delivered first-half results that were in line with expectations and broadly similar to the corresponding period in 2011, despite a seven per cent decline in sales. This drop in revenue, from £293.0m to £273.1m, was the result of a five per cen

Three directors buy up shares in Aga Rangemaster

Shaun 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

Broker tips: SABMiller, British Polythene, WSP

Nomura has reiterated its buy rating on drinks giant SABMiller, saying that that it expects the Foster's business to get off to a strong start following the completion of the acquisition last Friday. "We believe the company could look 'smart' in a year's time, entering the Australia beer market at

Broker snap: Solid year for British Polythene, says Investec

Investec has maintained its buy recommendation on British Polythene Industries (BPI) after the manufacturing firm revealed this morning that full-year results would come in at the top end of expectations. The broker notes that trading has remained consistent with that described in the group's Novem

BPI results to be at top of expectations

Manufacturing firm British Polythene Industries (BPI) said its full year results would come in at the top end of expectations. It said structural changes it recently made in the UK, as well as a strong performance from its European business allowed it to overcome a difficult trading environment. I

Tuesday broker round-up - UPDATE

SABMiller: Nomura reiterates buy recommendation and 2,500p target. British Polythene Industries: Investec reiterates buy rating and 400p target. Renewable Energy Generation: Evolution Securities keeps buy stance and 90p target. Geong International: Evolution Securities maintains buy and 50p targe

British Polythene remains cautious despite profit rise

Manufacturing firm British Polythene Industries (BPI) is not counting its chickens yet despite a strong performance for the six month period to 30 June. The group saw its pre-tax profits boosted by £2m to £15.1m, with profit after tax up from £10.2m to £11.4m. Borrowings also improved, reducing