Dewhurst Share News (DWHT)

EARNINGS AND TRADING: Galliford wins deals; Sylvania profit down

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

Dewhurst to acquire remaining 25pc of P&R Liftcars

(Sharecast News) - Lift, transport and keypad components specialist Dewhurst Group announced its intention to acquire the remaining 25% stake in P&R Liftcars on Wednesday.

UK dividends calendar - next 7 days

UK shareholder meetings calendar - next 7 days

AIM WINNERS & LOSERS: Orchard Funding dives on UK FCA review

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

IN BRIEF: Dewhurst up after announcing GBP2.5 million buyback

Dewhurst Group PLC - London-based supplier of components to the lift, transport and keypad industries - Commences share buyback programme for up to GBP2.5 million. The shares may be bought back at no more than 105% of the middle-market averages for the ten days preceding the day of purchase.

UK dividends calendar - next 7 days

IN BRIEF: Dewhurst ups dividend as annual profit grows; sound outlook

Dewhurst Group PLC - London-based supplier of components to the lift, transport and keypad industries - Pretax profit grows 13% to GBP8.1 million in the financial year ended September 30, from GBP7.2 million a year prior. Revenue edges up to GBP58.0 million from GBP57.6 million. Notes volatile environment due to high levels of inflation and interest rates. Proposes final dividend of 0.75 pence per share, up 50% from 0.5p a year prior. This brings the total dividend to 15.75p, up 6.8% from 14.75p in financial 2022. Looking ahead, Chair Richard Dewhurst says: "Group sales have started the year slightly up on last year and in line with our expectations. Lift product demand in all regions currently seems to be holding up reasonably well. On keypads it appears our major customer has completed its de-stocking program and current demand seems a little more stable than the volatile demand last year. Highways and transport products should continue their steady improvement." He added that the company's "strong" balance sheet allowed it to continue to explore other opportunities to deploy its cash resources.

DIRECTOR DEALINGS: GlobalData CEO sells GBP2.7 million worth of shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

Dewhurst reaches agreement over exclusive rights to E-Motive brand

(Alliance News) - Dewhurst Group PLC on Tuesday said it reached an agreement with Avire Ltd to secure the exclusive rights to the E-Motive brand and all products within the E-Motive range.

Dewhurst lifts interim dividend amid higher profit and revenue

(Alliance News) - Dewhurst Group PLC on Monday said it has delivered improved interim results, despite the challenge of inflation in its major markets.

IN BRIEF: Dewhurst profit drops on price pressures, cyber attack cost

Dewhurst Group PLC - London-based supplier of electrical components for lifts and keypads - In the year ended September 30, reports a pretax profit of GBP7.2 million, down 25% from GBP9.6 million the previous year as operating costs widen to GBP50.3 million from GBP46.4 million and the company books a GBP1.5 million cyber attack remediation cost. Revenue ticks up to GBP57.6 million from GBP56.2 million. Proposes an increased final dividend of 10.25 pence, which would take its total payout for the year to 14.75p, up 5.4% against the year prior.

Dewhurst promotes John Bailey to group CEO

(Sharecast News) - Lift, transport and keypad components manufacturer and supplier Dewhurst Group announced the appointment of John Bailey as its new chief executive officer on Tuesday, from 1 October.

Dewhurst promotes John Bailey to CEO after 15 years with company

(Alliance News) - Dewhurst Group PLC on Tuesday named John Bailey, currently a divisional managing director, as its new chief executive, effective from October 1.

Dewhurst interim revenue down as Australia sales hit by Covid curbs

(Alliance News) - Dewhurst Group PLC on Wednesday said it performed broadly in line with expectations in the first half of its financial year, posting an increase in profit despite macroeconomic challenges.