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Pin to quick picksGooch & Housego Share News (GHH)

Share Price Information for Gooch & Housego (GHH)

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Share Price: 564.00
Bid: 564.00
Ask: 570.00
Change: -16.00 (-2.76%)
Spread: 6.00 (1.064%)
Open: 564.00
High: 564.00
Low: 564.00
Prev. Close: 580.00
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Gooch & Housego trading in line

Mon, 07th Apr 2014 07:11

- Trading in line with expectations- Continuing streamling operations- Order book up nine per cent from start of yearAIM-listed optical components and systems manufacturer Gooch and Housego said trading in the last six months was in line with management expectations, following good growth in its main markets and as it pushes ahead with streamlining its operations."With good customer engagement across its principal markets and an encouraging pipeline of opportunities G&H is well positioned for growth despite overall market conditions remaining neutral, as reflected in the order book, which is 9% higher than at the beginning of the year," it said in a company update.The group, which makes fibre optic solutions such as consumer electronics to satellite communications, said it has been investing in research and development to help accelerate projects and expand its Systems Technology Group (STG).STG has recently won contracts and funding from the European Space Agency, the European Union as well as from mainstream commercial customers.Otherwise, as part of its streamlining operations, the group confirmed that at the end of March 2014, it closed its small R&D operation in New Jersey and transferred the equipment and technology to its facility in Orlando. "The company will continue to explore ways of delivering further operational efficiency," it said.Chief Executive Gareth Jones said: "By focusing on sub-system opportunities we aim to leverage our excellence in photonic components to deliver growth and add value in a somewhat lacklustre market, while delivering margin improvements through enhanced operational efficiency. These ongoing initiatives will help underpin G&H's growth and future prospects." CJ
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LONDON (Alliance News) - Gooch & Housego PLC on Tuesday reported a drop in annual profit, despite a rise in revenue, but it upped its payout.The photonics technology company also that a

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27 Nov 2018 10:27

Gooch & Housego sets sights on strong 2019; CFO to step down

(Sharecast News) - Gooch & Housego, the optical components specialist, said its record order book left it well-positioned for 2019 "and beyond", despite the growing macroeconomic and political risks.

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4 Oct 2018 10:39

Gooch & Housego In Line With Guidance, Shuts Down Florida Business

LONDON (Alliance News) - Gooch & Housego PLC on Thursday said trading for its recently-ended financial year will be in line with previous guidance, closing with a "record" order said

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4 Oct 2018 08:19

Gooch & Housego stays on track with record order book

(Sharecast News) - Optical systems and components manufacturer Gooch & Housego on Thursday reported a record order book after benefiting from "positive market conditions" in the industrial sector.

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6 Sep 2018 14:27

Gooch & Housego Buys Fibre Optic Tech Firm Gould For USD16 Million (ALLISS)

LONDON (Alliance News) - UK photonics company Gooch & Housego PLC said Thursday it has acquired the trade and assets of US-based Gould Technology LLC for USD16.4 million.G&H said in

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6 Sep 2018 09:59

Gooch gains access to US defence market through Gould deal

(Sharecast News) - Gooch and Housego has acquired Gould Technology for up to $16.4m, strengthening the AIM-listed firm's position in the fused fibre optic technology sector and providing it with enhanced access to strategic US aerospace and defence customers.

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8 Aug 2018 11:20

Gooch & Housego Buy Medical Devices Firm VITL For GBP22 Million (ALLISS)

LONDON (Alliance News) - Photonics technology manufacturer Gooch & Housego PLC said Wednesday it has acquired medical devices firm VITL Ltd for up to GBP22.0 million.VITL provides and A

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Gooch and Housego acquires British manufacturer VITL for £22m

(Sharecast News) - Gooch and Housego said it had bought UK-based medical manufacturer VITL for up to £22m as part of its efforts to expand the group's presence in the life sciences sector.

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