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Small caps round-up: AEA Tech, OpSec Security, Cello

Wed, 19th Sep 2012 10:04

Energy and sustainability consultancy AEA Technology has warned trading conditions remain challenging, but said good progress is being made in the implementation of its business plan. The company is able to consider all strategic options to realise value after it recently secured additional short-term funding. The firm said that while it is having on-going and constructive discussions with a number of interested parties, it does not, as previously announced, envisage that there will be offers for the share capital of the company. Shares are down 98 per cent over the past year. OpSec Security Group, a supplier of anti-counterfeiting technologies and services, has agreed with JDS Uniphase to purchase its New Jersey-based holographic security business for an initial consideration of $11.5m. A further consideration of up to $4.0m could become payable depending on whether certain performance conditions during the 12 month period after completion of the acquisition are achieved. The purchase will be funded using exisiting cash resources and additional bank facilities with JP Morgan Chase. Market insight and strategic marketing firm Cello posted a 2.8% to £63.3m (2011: £61.6m), gross profit up 7.2% to £31.7m (2011: £29.5m), headline profit before tax up 2.2% to £3.0m (2011: £2.9m), and statutory operating profit down £1.7m (2011: £2.4m). Growth was driven by the Health division as well as the effect of MedErgy joining the group last year. The interim dividend was increased by 5.5% to 0.58p (2011: 0.55p). Cash and equivalents fell from £5.1m to £1.2m. NR
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13 May 2014 07:29

UK MORNING BRIEFING: Taylor Wimpey Leads Strong FTSE 250

LONDON (Alliance News) - Mid-cap stocks are leading London equities higher at the open Tuesday, following a strong lead in from the US and Asia, particularly Tokyo.

Taylor Wimpey is leading the mid-cap FTSE 250, up 5.7%, after saying it expects to deliver a big incr

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25 Apr 2014 08:54

Cello Acquires Edinburgh-Based Digital Agency Line Digital Ltd

LONDON (Alliance News) - Marketing firm Cello Group PLC Friday said it has acquired Edinburgh-based digital agency Line Digital Ltd to boost its Cello Signal business. The company did not disclose any financial details regarding the transaction. Line Digital specialises in web design

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25 Apr 2014 07:41

Cello Group acquires Line Digital

Marketing firm Cello Group announced it has acquired web design company Line Digital in order to reinforce its digital capability. The Edinburgh-based agency, which specialises in online marketing, provides for clients such as Standard Life, Tesco Bank, Travel Corp and Edinburgh Fringe. The group h

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31 Mar 2014 10:41

Monday broker round-up UPDATE

African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco

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20 Mar 2014 12:49

Cello Group Sees 2013 Profit Increase

LONDON (Alliance News) - Cello Group PLC Thursday reported an increase in profit and revenue for the full-year, reflecting a strong performance across the business. The marketing consultancy group posted pretax profit of GBP5.5 million for 2013, up from GBP1.4 million, as revenue rose 18.2%

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20 Mar 2014 08:34

UK MORNING BRIEFING: Shares Open Lower On Yellen Rates Comment

LONDON (Alliance News) - Shares have opened lower Thursday, as markets around the world react to Fed Chair Janet Yellen's hint of an earlier-than-expected rise in US interest rates. The CEO of handbag firm Mulberry has stepped down after only two years in the job.

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20 Mar 2014 06:33

UK Earnings, Trading Statements Calendar - Week Ahead

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19 Mar 2014 16:42

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19 Mar 2014 06:15

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Mar 2014 15:54

UK Earnings, Trading Statements Calendar - Week Ahead

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18 Mar 2014 06:31

UK Earnings, Trading Statements Calendar - Week Ahead

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17 Mar 2014 15:51

UK Earnings, Trading Statements Calendar - Week Ahead

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17 Mar 2014 06:12

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14 Mar 2014 16:14

UK Earnings, Trading Statements Calendar - Week Ahead

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14 Mar 2014 06:29

UK Earnings, Trading Statements Calendar - Week Ahead

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