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Pin to quick picksCppgroup Share News (CPP)

Share Price Information for Cppgroup (CPP)

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Share Price: 173.50
Bid: 166.00
Ask: 181.00
Change: 0.00 (0.00%)
Spread: 15.00 (9.036%)
Open: 173.50
High: 0.00
Low: 0.00
Prev. Close: 173.50
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CPP Group surges after lifting FY guidance

Fri, 21st Aug 2015 10:04

(ShareCast News) - Shares in CPP Group soared over 27% early on Thursday, after the financial services and telecoms group said it expected its operating profit for the year to be significantly higher than expected.The London-listed company, however, warned that its revenue will be "materially lower" following the closure of the Airport Angel airport lounge access unit.CPP swung to a profit in the first six months to the year, posting an operating profit before exceptional items and matching share plans of £2.2m compared with a £3,000 on the same basis in the first half of 2014.The group posted a net profit of £17.1m in the period compared with a £2.7m in the corresponding period 12 months ago, as a decline in revenue was offset by a £18.9m in exceptional credit relating to the compromise of the commission deferral agreement.In July 2013, the group agreed with some of its business payments to defer payments of commission that would have otherwise being due in the year to 30 June. CPP has since settled the commission deferral agreement after raising £20m fundraising upon listing to the AIM market in February this year."CPP has made significant progress in the first half of 2015," said group chief executive Stephen Callaghan."Securing new equity funding and restructuring of the group's debt has provided the business with a stable financial platform, and the business has delivered an improved profit performance underpinned by our on-going focus on costs.""There is much work to do for the group to realise its growth ambitions, however we are seeing encouraging progress from the actions we are taking to improve our financial performance."CPP shares were up 33.74% to 11.00p at 1106 BST on Friday.
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21 Oct 2019 17:46

CPPGroup Launches New Cyber Insurance Product For UK SME Market

CPPGroup Launches New Cyber Insurance Product For UK SME Market

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18 Sep 2019 13:15

Wednesday broker round-up

(Sharecast News) - Weir Group: JP Morgan downgrades to neutral with a target price of 1,500p.

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11 Sep 2019 12:54

CPPGroup Enters UK Insurance Broker Market Buying Motorway Direct Unit

(Alliance News) - CPPGroup PLC on Wednesday said it has acquired UK insurance broker Business & Domestic Insurance Services.No financial details of the deal were disclosed.CPP a

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9 Sep 2019 12:12

Aurora Investment Trust Net Assets Rise But Total Interim Return Lags

(Alliance News) - Aurora Investment Trust PLC on Monday said its net asset value rose in the first six months of the year but total return lagged behind its benchmark index.At June 30, a of

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4 Sep 2019 11:52

Indian Success Drives CPPGroup Interim Revenue Growth But Profit Falls

(Alliance News) - Financial services and insurance firm CPPGroup PLC on Wednesday reported a 36% decline in interim profit despite solid revenue growth.Pretax profit for the six months to a

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17 Jun 2019 14:53

DIRECTOR DEALINGS: CPPGroup Chief Executive Walsh Buys Shares

(Alliance News) - CPPGroup PLC said that Chief Executive Officer Jason Walsh purchased around GBP14,300 in shares in a deal on Monday.Walsh bought 300,000 shares at a price of 4.77 pence he

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27 Mar 2019 13:12

CPPGroup Profit Dives On Exceptional Restructuring Charges

LONDON (Alliance News) - CPPGroup PLC on Wednesday said exceptional costs in relation to restructuring activities in Europe and the UK resulted in a sharp drop in annual pretax profit.The

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26 Oct 2018 12:16

Friday broker round-up

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

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27 Sep 2018 12:09

CPPGroup Interim Profit Down Sharply But Revenue Up On Growth In India

LONDON (Alliance News) - CPPGroup PLC on Thursday said its profit halved in the first six months of 2018, but revenue grew on new customer wins and expansion in India.The stock was down 14%

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13 Sep 2018 10:25

CPP acquires stake in Indian business process management firm Globiva

(Sharecast News) - CPP has looked to expand its interest in India with a strategic investment in local business process management outfit Globiva.

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13 Sep 2018 09:59

CPP Group Pays GBP2 Million For 61% Stake In Indian Firm Globiva

LONDON (Alliance News) - CPP Group PLC said Thursday it invested GBP2 million into Indian business process management firm Globiva, with a commitment to further support Globiva's growth gives

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1 Jun 2018 11:07

Springfield Properties Appoints Nicholas Cooper As Non-Executive

LONDON (Alliance News) - Scottish housebuilder Springfield Properties PLC said Friday it has appointed Nicholas Cooper as non-executive director with immediate effect.Cooper currently holds

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15 Mar 2018 13:24

CPPGroup Swings To Annual Profit On Strong International Growth

LONDON (Alliance News) - The UK based insurance company CPPGroup PLC on Thursday reported strong revenue growth for 2017, driven by "rapid" as a

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30 Dec 2016 15:39

CPPGroup Agrees GBP2.5 Million Payment To Terminate IT Platform Deal

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18 Nov 2016 08:05

CPP Group's full year profit to be ahead of of expectations

(ShareCast News) - Shares in CPP Group, a financial service assistance business, soared above 40% on Friday, as the company updated its operating profit expectations for the year. The AIM-listed company said that a combination of cost controls, increased sales volumes in India, and the impact of a w

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