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Don't have an account? Click here to register.Holders Technology manages through 'difficult year'
Fri, 17th Feb 2017 12:32
(ShareCast News) - Printed circuit board laminate and LED solutions supplier Holders Technology announced its audited results for the year ended 30 November on Friday, saying both its PCB and LED segments achieved modest revenue growth in the year, with margins maintained.The AIM-traded firm said PCB overheads were reduced, while LED overheads increased due to additional sales recruitment, and the result before restructuring and impairment costs was somewhat behind 2015. During the year, its PCB divisions were restructured and costs reduced, and the LED Opteon Germany division was closed.Group revenue was 1.7% higher year-on-year at £11.38m.Of that, PCB revenue was 0.4% higher and LED revenue was 5.3% firmer.The board said group margins remained unchanged.Holders' operating loss before impairment and restructuring costs was £0.19m, with a total operating loss of £0.37m.Cash balances stood at £0.78m, which was £0.34m higher than at the end of 2015."2016 was a difficult year for the group, but our staff showed commitment and support throughout the year for which we thank them," said executive chairman Rudi Weinreich."The board has a continuing belief in the group's ability to overcome the difficulties it confronts."Weinreich said the directors were "heartened" by the initial signs of improved PCB performance, and by the customer interest in the new 'smart lighting' products added into the LED divisions."Given this belief the board considers it appropriate to recommend a final dividend of 0.25p for the 2016 year."
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25 Jul 2014 11:33
20 Feb 2014 11:37
Holders Technology Swings Into Pretax Profit
LONDON (Alliance News) - Holders Technology PLC swung into a pretax profit in the financial year 2013 as revenue rose, and it sold its loss-making Chinese business. The company posted a pretax profit of GBP97,000, up from a pretax loss of GBP68,000. The specialist materials company sa
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Holders warns on profits
Uncertainty in the European printed circuit board (PCB) market helped push Holders Technology into the red at the interim stage, prompting the group to issue a profits warning. The international distributor of materials, equipment, parts and services to the electronics industry made a pre-tax loss
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Holders Technology returns to profit
AIM-quoted Holders Technology swung back into profit in the year to November 2010. Holders supplies materials and equipment to the printed circuit board industry. It is trying to move into the fast-growing LED market. Revenues grew 26% to £16.3m, while a loss of £408,000 was turned into a profit o
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Holders Technology 1H Pretax Profit GBP0.1M Vs Loss GBP0.6M
LONDON (Dow Jones)--Holders Technology PLC (HDT.LN), a provider of specialized materials, equipment and services for the electronics and telecommunications industries, Thursday reported a first half pretax profit of GBP0.1 million, compared with a loss of GBP0.6 million the previous year. MAIN F
Read more10 Dec 2009 08:52
Small caps round-up: Vyke, Holders, RM ...
Shares in telecoms and internet services company Vyke Communications jumped after it agreed a deal with Indian Wi-Fi group O-Zone for O-Zone to sell Vyke's complete product range across the South Asian country. Printed circuit board materials provider Holders Technology said its trading performance
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Small caps round-up: smartFocus, Globo, Record...
Shares in smartFocus soared after the marketing software company said it expected to post 13% rise in revenues in the half year to June 30, with profits also significantly ahead. The firm has benefitted from the rise in digital marketing's popularity, with customers wins during the period including
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