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Pin to quick picksCLL.L Share News (CLL)

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Robust trading at Cello Group

Tue, 14th May 2013 08:33

Marketing firm Cello said strong trading has continued so far this year, driven by its health division and a recovery at its consumer unit, and expects half year results higher than last year.The group said a strong pipeline of work secured at the end of 2012 and continued healthy new business activity in 2013 had underpinned progress.The US continues to see strong activity levels and Cello Health plans to open a new office in Chicago shortly.Looking ahead, it said it is confident that business wins combined with good visibility in the order book in both the Health and Consumer businesses, will deliver a half year result in excess of the prior year. The Board also remains confident that full year expectations will be met.Cello said its cash position is considerably stronger than expected, reflecting excellent working capital performance. In a separate statement Cello said it has named Stephen Highley as Corporate Development Director.Cello's shares surged 6.0% to 53.00p at 09:30 in London.CJ
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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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