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Pin to quick picksChamberlin Plc Share News (CMH)

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Chamberlin on track for full year

Tue, 11th Oct 2011 07:32

Castings and engineering group Chamberlin said trading in the first half of the financial year has been in line with management forecasts. The group, which makes metal products such as door handles and steering wheel components, said order flow across core foundry activities has reflected predicted schedules and demand has continued to strengthen through the period. The Walsall based group, which exports 70% of its output, said new business development initiatives have helped to support the positive trading momentum, it explained. "As a result the company continues to trade in line with current market expectations," it said. Chamberlin, which supplies critical turbocharger components to the automotive sector, said it continues to consider complementary acquisitions and sees further growth opportunities in the second half. ---cj
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24 Nov 2010 12:12

Chamberlin back in profit as recovery continues

Shares in Chamberlin, which makes metal products such as door handles and steering wheel components, moved higher after it returned to profit in the six months to September 30 as sales moved back towards pre-economic crisis levels. The company posted a pre-tax profit of £91,000 for the period, agai

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29 Jul 2010 14:16

Small caps: Titon, Utd Drug, Vernalis...

Blinds specialist Titon's revenues for the 3 months to June were 19% higher than the corresponding period last year, with UK sales 15% higher and the rest of the world 37% higher. Growth in the UK came from higher sales of mechanical ventilation systems. There were also increased sales volumes in

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29 Jul 2010 07:45

Chamberlin Sees Return To FY Profit

LONDON (Dow Jones)--Chamberlin PLC (CMH.LN), a specialist engineering group, said Thursday it trading in the first quarter of fiscal 2011 has remained strong across all three of its foundries, and said it expects to return to profit for the full year. MAIN FACTS: -Co. seeing the benefits of

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28 Jun 2010 16:33

Non-exec's firm cashes in at Lancashire

Lancashire Holdings non-executive director Barry Volpert is chief executive of private equity firm Crestview, which has raised more than £4.7m from the sale of shares in the property, aviation and marine insurer. The share prices of the five separate disposals varied from 497p to just over 500p. C

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10 Jun 2010 09:08

Chamberlin Swings Into FY10 Loss, Sees Return To Profit FY11

LONDON (Dow Jones)--Chamberlin PLC (CMH.LN), a foundry and engineering group, Thursday reported a swing into loss for fiscal 2010 but it expects to return to profitability in the new financial year, adding that it plans to return to paying dividends once conditions improve. MAIN FACTS: -Reve

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27 Nov 2009 08:16

Stablisation seen at Chamberlin after tough half year

Foundry and engineering firm Chamberlin dived into the red at the interim stage but is confident of a better second half. Loss before tax and exceptional items for the six months to end-September was £0.48m, versus a profit of £1.21m (restated) a year earlier. With exceptional items included the l

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23 Oct 2009 14:13

Small caps round-up: Molins, Abbeycrest, Agriterra, Chamberlin

Cigarette vending machine maker Molins does not seem to be suffering unduly from the effects of the smoking ban in the UK, with trading since the company's interim results announcement in late August remaining in line with expectations. Performance in the Tobacco Machinery and Scientific Services d

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