The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEQN.L Share News (EQN)

  • There is currently no data for EQN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Equiniti kicks off 2019 with string of new client wins

Thu, 02nd May 2019 08:02

(Sharecast News) - Equiniti Group on Thursday reported that 2019 has "started well" with a number of new client wins, leaving the company confident of achieving full-year expectations.The technology-led services and payments specialist said all its renewing relationships have been continued, including clients such as ABF, Fresnillo, M&G Prudential, Comcast and Proctor & Gamble, while new client wins include National Grid, Danske Bank and DWF in the UK, and WABTEC and Cincinnati Financial in the US.Meanwhile, trading in the US was proceeding in accordance with previous guidance, with the separation of the share registration business from Wells Fargo anticipated to conclude by June 2019 with an expected cost of £45m.The FTSE-250 listed company added that its specialist and non-discretionary services are largely insulated from the continuing uncertainty in the macro-economic environment and thus left its expectations for full year unchanged.Analysts from Liberum said: "The company has added a number of new clients during the period as well as retaining all of its major existing clients. Separation and integration of the EQUS business remains on track, and momentum from the selling of new services into North America is progressing well. We continue to believe that the current rating fails to reflect the potential of the enlarged group."Equiniti Group's shares were up 1.58% at 218.40p at 0831 BST.
More News
25 Mar 2020 09:38

UK BROKER RATINGS SUMMARY: Citi Downgrades easyJet And IAG To Neutral

UK BROKER RATINGS SUMMARY: Citi Downgrades easyJet And IAG To Neutral

Read more
17 Mar 2020 09:30

Mondi Selects Current Equiniti Chair Philip Yea As Own New Chair

Mondi Selects Current Equiniti Chair Philip Yea As Own New Chair

Read more
17 Mar 2020 09:23

UK BROKER RATINGS SUMMARY: Goldman Sachs Raises Pearson And Informa

UK BROKER RATINGS SUMMARY: Goldman Sachs Raises Pearson And Informa

Read more
12 Mar 2020 12:55

Thursday broker round-up

(Sharecast News) - AJ Bell: Berenberg downgrades to sell with a target price of 280p.

Read more
12 Mar 2020 10:16

Equiniti Annual Profit Jumps As Buys Employee Share Plans Platform

Equiniti Annual Profit Jumps As Buys Employee Share Plans Platform

Read more
12 Mar 2020 09:25

UK BROKER RATINGS SUMMARY: Citi Cuts BP And JPMorgan Downgrades Shell

UK BROKER RATINGS SUMMARY: Citi Cuts BP And JPMorgan Downgrades Shell

Read more
12 Mar 2020 08:32

Equiniti posts strong FY profits, warns of coronavirus impacts

(Sharecast News) - Payments firm Equiniti posted a sharp rise in full-year pre-tax profits on Thursday but warned "the unpredictable spread" of the coronavirus pandemic introduced "uncertainty" to current year trading.

Read more
5 Mar 2020 16:07

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
6 Feb 2020 09:34

UK BROKER RATINGS SUMMARY: Investec Double Downgrades Tate To Sell

UK BROKER RATINGS SUMMARY: Investec Double Downgrades Tate To Sell

Read more
6 Feb 2020 08:01

LONDON BRIEFING: Royal Mail Says Year Ahead Looks "Challenging"

LONDON BRIEFING: Royal Mail Says Year Ahead Looks "Challenging"

Read more
22 Jan 2020 14:35

Great Portland Adds Former Hays Director Vicky Jarman To Board

Great Portland Adds Former Hays Director Vicky Jarman To Board

Read more
20 Jan 2020 15:03

Scapa Boosts Board By Adding Clarkson And Equiniti Director Tim Miller

Scapa Boosts Board By Adding Clarkson And Equiniti Director Tim Miller

Read more
27 Nov 2019 09:27

UK BROKER RATINGS SUMMARY: Morgan Stanley Downgrades Rolls-Royce

UK BROKER RATINGS SUMMARY: Morgan Stanley Downgrades Rolls-Royce

Read more
20 Nov 2019 17:29

DIRECTOR DEALINGS: Equiniti Chair Buys Shares After Profit Warning

DIRECTOR DEALINGS: Equiniti Chair Buys Shares After Profit Warning

Read more
20 Nov 2019 13:03

Barclays slashes target price for Equiniti as margins and cash flow disappoint

(Sharecast News) - Analysts at Barclays cut their target price for Equiniti's shares on the heels of weaker UK macroeconomic conditions that hit its Pensions arm in the second half of the year, falling interest rates in the States and the drag from foreign exchange rates.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.