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Pin to quick picksConcurrent Technologies Share News (CNC)

Share Price Information for Concurrent Technologies (CNC)

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Share Price: 101.00
Bid: 100.00
Ask: 102.00
Change: -1.50 (-1.46%)
Spread: 2.00 (2.00%)
Open: 102.50
High: 102.50
Low: 101.00
Prev. Close: 102.50
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Small Cap round-up: Concurrent Technologies, Handmade, Astek Group ...

Thu, 15th Apr 2010 16:13

Concurrent Technologies reported a slightly lower profit in 2009, but that was mainly due to a bad debt provision of £279,000. Concurrent designs and manufactures high performance computer products for the defence, telecoms, aerospace and health sectors. Profits declined from £2.95m to £2.8m after the bad debt charge. Revenues edged up from £12.62m to £12.85m. Exports account for 87% of revenues. The defence sector remains strong and telecoms and industrial sectors are "showing sustainable recovery". Dental products supplier Astek Group is going private with independent shareholders being offered 0.625p a share in cash. The bid values the company at £437,000 but the management (Alan Segal and Mark Shupac) and their families are retaining their shares and they will be the only shareholders left after the other shares are acquired via a scheme of arrangement.Gardening products supplier William Sinclair says trading has been positive in the six months to March 2010. Like-for-like peat-free compost sales are 44% ahead. Peat-based compost sales have risen 1% and this is still the largest part of the business. The overall market has been weak so these are good figures. William Sinclair has provisionally agreed with Natural England about the closure of the Bolton Fell peat bog operations and the compensation due to the company. It has received an advance payment of £9m but believes that the total payment should be much more. Almorah Services Ltd is interested in bidding for film producer and library owner Handmade. Almorah, which is not registered in England and Wales, has not made a formal offer. At the 7 January 2010 Handmade shares were suspended 9.5p each, which valued the company at £22.1m. There is no certainty that a bid will be as much as 9.5p a share. Security films supplier Pentagon Protection has been appointed the exclusive supplier of Unival blast protection technology products in the UK. These include the HEDD1 handheld explosive detection device, the PWJ1 portable jamming system and night vision and thermal imaging products.
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Today 16:05

UK shareholder meetings calendar - next 7 days

Friday 14 June 
Amaroq Minerals LtdAGM
Asian Energy Impact Trust PLCAGM
Beowulf Mining PLCAGM
MP Evans Group PLCAGM
Quantum Exponential Group PLCGM re investment in company
Tesco PLCAGM
Trellus Health PLCAGM
Monday 17 June 
Ashington Innovation PLCAGM
Bank of Georgia Group PLCAGM
Cambridge Cognition Holdings PLCGM re fundraise
Globalworth Real Estate Investments LtdAGM
Surgical Innovations Group PLCAGM
Tuesday 18 June 
Acceler8 Ventures PLCAGM
Andrews Sykes Group PLCAGM
Anexo Group PLCAGM
ASA International Group PLCAGM
Bay Capital PLCAGM
Bisichi PLCAGM
Blackbird PLCAGM
Darktrace PLCGM re takeover by Thoma Bravo
Gresham Technologies PLCAGM
ICG-Longbow Senior Secured UK Property Debt Investments LtdAGM
Intelligent Ultrasound Group PLCAGM
Kooth PLCAGM
Red Capital PLCAGM
Science Group PLCAGM
Somero Enterprises IncAGM
Wednesday 19 June 
Argentex Group PLCAGM
Brave Bison Group PLCAGM; vote on capital reduction
Clean Power Hydrogen PLCAGM
HC Slingsby PLCAGM
Maintel Holdings PLCAGM
Octopus Renewables Infrastructure Trust PLCAGM
RBG Holdings PLCAGM
Team17 Group PLCAGM
Videndum PLCAGM
Zinnwald Lithium LtdAGM
Thursday 20 June 
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
Animalcare Group PLCAGM
ASA International Group PLCAGM
Balanced Commercial Property Trust LtdAGM including re views on strategic review
Block Energy PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Concurrent Technologies PLCAGM
Cordiant Digital Infrastructure LtdAGM
Corero Network Security PLCAGM
Cykel AI PLCGM re acquisition by Mustang Energy PLC
Fadel Partners IncAGM
Futura Medical PLCAGM
Good Energy Group PLCAGM
Gresham House Energy Storage Fund PLCAGM
Henderson Eurotrust PLCGM re merger with Henderson European Focus Trust PLC
Kingfisher PLCAGM
Likewise Group PLCAGM
LSL Property Services PLCAGM
Marble Point Loan Financing LtdEGM requisitioned by Freestone
Mustang Energy PLCGM re acquisition of Cykel AI PLC
Northcoders Group PLCAGM
Strix Group PLCAGM
Thor Energy PLCGM re equity raise
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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6 Jun 2024 19:58

IN BRIEF: Concurrent Technologies wins two contracts worth USD518,000

Concurrent Technologies PLC - designer and manufacturer of computer products - Secures two contracts via the recently acquired Phillips Aerospace. With a total value of USD518,000, the products are new offerings directly related to the group's stated strategy for providing integrated computer systems. One contract is with a US based defence company to supply a rugged conduction cooled chassis to host the customer's own Plug-in-Cards. The second contract is to provide 2-slot systems that have been developed over the last year as part of a roadmap to align designs with the DoD "Sensor Open Systems Architecture" standard.

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6 Jun 2024 11:50

Concurrent Technologies secures two 'important contracts'

(Sharecast News) - Computer products designer Concurrent Technologies said on Thursday that it has secured "two important contracts" via its recently acquired Phillips Aerospace business.

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1 May 2024 13:14

EARNINGS: Anexo revenue up; Maintel hails "confident start" to 2024

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

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24 Apr 2024 13:12

Concurrent Technologies wins $1.57m contract with US client

(Sharecast News) - Concurrent Technologies announced a $1.57m contract with a major global US prime contractor on Wednesday, for the supply of commercial-off-the-shelf (COTS) products and testing services as part of the contractor's technology upgrade programme.

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24 Apr 2024 12:05

Concurrent awarded USD1.8 million contract from US defence company

(Alliance News) - Concurrent Technologies PLC on Wednesday announced it had signed a new contract with an undisclosed major US-based aerospace and defence company.

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9 Apr 2024 15:37

Concurrent Technologies launches VME single board computer Rhea

(Alliance News) - Concurrent Technologies PLC on Tuesday launched virtual machine environment single board computer Rhea, which it described as a further addition to its VME range of embedded processor boards.

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9 Apr 2024 12:47

Concurrent Technologies unveils new VME processor board

(Sharecast News) - Concurrent Technologies unveiled the latest addition to its VME range of embedded processor boards on Tuesday, dubbed 'Rhea'.

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4 Feb 2024 17:11

Sunday share tips: Concurrent Technologies, Mpac

(Sharecast News) - The Financial Mail on Sunday's Midas column touted shares of Concurrent Technologies to readers, arguing that the company was in the right spot and at the right time.

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17 Jan 2024 12:56

IN BRIEF: Concurrent expects revenue hike in "outstanding year"

Concurrent Technologies PLC - Essex, England-based computer board manufacturer - Expects revenue for 2023 to be 5% ahead of Cavendish Capital Markets Ltd expectations of GBP29.5 million, based on its unaudited management accounts. Says adjusted pretax profit will also come up "slightly ahead" of Cavendish's GBP3.5 million expectations. This would make 2023 a "record year" for Concurrent, with revenue increasing from GBP18.3 million in 2022.

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21 Dec 2023 15:37

Concurrent Technolgies secures £2.2m air defence contract

(Sharecast News) - Concurrent Technologies announced a contract worth £2.2m on Thursday for supplying VME processor boards to a significant multinational European defence prime contractor for integration into air defence systems.

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21 Dec 2023 12:22

IN BRIEF: Concurrent Technologies wins GBP2 million contract

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards - Secures a GBP2.2 million contract to supply an unnamed "major multi-national European defence prime contractor" with VME Processor Boards for deployment in air-defence systems. Says the contract will be fulfilled over the next five years. "The multi-year contract with a flagship client highlights the potential of the company's current generation VME boards in a substantial market," it adds.

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27 Nov 2023 14:00

EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

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

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9 Nov 2023 13:47

EARNINGS AND TRADING: MetalNRG hails Gold Ridge findings

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

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28 Sep 2023 13:07

TRADING UPDATES: Zoo Digital expects revenue drop on Hollywood strikes

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

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