Chamberlin Plc Share News (CMH)

IN BRIEF: Chamberlin shares rise on contract win for subsidiary

Chamberlin PLC - Walsall, West Midlands-based castings and engineering company - Says castings subsidiary Chamberlin & Hill Castings Ltd secures EUR7.3 million contract with an unnamed European automotive industry components supplier for up to eight years. Notes CHC will supply complex turbocharger bearing housing castings for use in passenger car engines. Adds tooling production will begin this July, while serial production will start in July 2024. Expects serial production to contribute EUR1.1 million in annual revenue.

Chamberlin raises GBP360,000 following competitor going bust

(Alliance News) - Chamberlin PLC on Friday said it has raise GBP330,000 through a placing of 11.0 million new shares at a placing price of 3 pence per share, as well as an additional GBP30,000 from a subscription.

TRADING UPDATES: Tlou receives loan to help fund Botswana operations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Abingdon Health optimistic; Chamberlin expects growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Proton wins order; Caerus Mineral sells assets

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Dev Clever to cancel shares; Tintra raises funds

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

TRADING UPDATES: CMO to suffer bottom-line hit; Good Energy buys

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on this week and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Chamberlin posts first post-tax profit in five years

Chamberlin PLC - West Midlands-based castings and engineering company - Pretax loss in the year that ended May 31 narrows significantly as firm touts first post-tax profit for the first time in five years. Annual pretax loss narrows to GBP509,000 from a loss of GBP10.4 million in the 14 months to May 31, 2021. Swings to post-tax profit of GBP72,000 from a loss of GBP9.6 million, owing to a tax credit of GBP581,000. Revenue falls 36% to GBP16.8 million from GBP26.4 million. Cost of sales narrows 38% to GBP15.0 million from GBP24.3 million. Other operating expenses decrease to GBP2.0 million from GBP12.3 million.

TRADING UPDATES: Reabold says Shell strikes Corallian deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued since last week Thursday and not separately reported by Alliance News:

IN BRIEF: Chamberlin expects to swing to annual profit

Chamberlin PLC - West Midlands-based castings and engineering company - Expects to swing to a profit in its financial year that ended May 31. Expects post-tax profit of GBP100,000. Anticipates annual revenue of GBP16.5 million, down from GBP22.7 million in the 14 months that ended May 31, 2021.

Director dealings: Senior board member buys £26k of Kingfisher shares

(Sharecast News) - B&Q owner Kingfisher was on the list of buys on Wednesday, after its senior independent director spent more than £26k on shares.

TRADING UPDATES: McColl's "likely" on brink of administration

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Chamberlin raises £1.8m to strengthen balance sheet

(Sharecast News) - Castings and engineering company Chamberlin has conditionally raised £1.8m before expenses, it announced on Wednesday, to strengthen its balance sheet and continue to execute its forward strategy.

Chamberlin falls on proposed placing and subscription

Chamberlin falls on proposed placing and subscription