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Cello Health tumbles after profit warning

Tue, 21st Jul 2015 10:21

(ShareCast News) - Shares in Cello Health fell after the company issued a half year profit warning.At 0917 BST shares in the healthcare marketing firm had fallen 3.69% to 97.75p.The company said in its half year update to 30 June 2015 that profits would be lower to its due to lower profits at its consumer division Signal, which had increased its headcount.Cello said it was confident full year expectations would be met.The company had settled a VAT tax issue which meant it did not have to alter its current provisions.N+1 Singer remained bullish on the stock and reiterated a 'buy' rating."Cello has been building a good record of delivery and today's update continues this," N+ 1 Singer said in a note.
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16 Mar 2010 14:49

London afternoon: G4S locked out of market rally

The Footsie stopped just short of dipping into negative territory over the lunchtime session before buyers moved back in just before 2pm. Banks and miners continue to provide many of the bright spots, with the latter benefitting from higher metal prices. In banking, Royal Bank of Scotland is want

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16 Mar 2010 12:03

London midday: Early gains trimmed

The FTSE 100 was clinging on to positive territory at the start of the lunchtime session after share prices went into a late morning swoon. Banks and miners continue to provide most of the bright spots, with the latter benefitting from higher metal prices. In banking, Royal Bank of Scotland is wa

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16 Mar 2010 09:05

Cello profit shrinks, ups divi

Shares in marketing services group Cello surged 9% as it said 2009 profit fell as clients cut spending but trading since the start of 2010 has been good. Headline pre-tax profit fell to £5.1m for the year to 31 December 2009 from £7.3m the year before. Revenue from continuing operations dropped 8%

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19 Jan 2010 08:44

Cello says activity picking up, remains cautious

Cello, a marketing services group, said it is seeing refreshed levels of spend across its major research clients but remains cautious about the current outlook. Shares in the group rose nearly 2%. "Whilst the board remains realistically cautious about the current outlook and it is too early to give

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15 Sep 2009 13:52

Small caps round-up: China Shoto, Resources in Insurance, Cello...

Continued growth in the Chinese economy despite the global downturn helped China Shoto, which makes batteries for mobile phones, post a 41% rise in revenues in the half year to June 30. Pre-tax profits climbed to £6.4m from £4.4m over the same period the previous year as revenue rose to £96.5m from

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3 Jul 2009 07:50

Cello cuts costs to offset slowdown

A slowdown at its qualitative research business has prompted Cello to caution like for like gross profits are down by around 10% year on year, with operating margins also squeezed. The market research group has cut costs to offset the downturn. Like for like professional costs have been reduced by

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