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Don't have an account? Click here to register.Bad start to 2011 at Hightex
Wed, 13th Apr 2011 13:56
Shares in membrane roof specialist Hightex slipped back Wednesday - despite the group seeing a surge in revenues and profits in 2010 - after it revealed a lack of large contracts in the first quarter of the current year."The directors are disappointed that no significant contracts have been awarded in recent months," said executive chairman Charles DesForges."Although the shape of Hightex's potential forward order book has not changed, current financial and political developments have had an adverse impact on the timetable for awarding these contracts," he said.2010 results however did provide some good news, with turnover jumping 51% to €30.2m, from €20m in 2009, and pre-tax profit climbing 150% from €0.8m to €2m.Notable contracts include globally recognised projects such as the roofs for the Olympic Stadium in Kiev and the National Stadium in Warsaw, both of which will be used for the EURO 2012 Football championship.Earnings per share increased to €0.78, from €0.29 previously. No dividend was paid (2009: nil).---bc
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MARKET COMMENT: UK Stocks Close Mixed; Lloyds, Babcock Down
LONDON (Alliance News) - The FTSE 100 ended slightly higher Monday, while its mid-cap peer index lost ground, in a subdued session that had little in the way of economic or major corporate news to drive it.
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9 Jun 2014 13:25
Hightex Group plunges after full-year losses widen
Full-year losses more than doubled after turnover plunged at AIM-listed Hightex Group, prompting a steep decline in the group's share price. The firm, which designs and produces materials used in the roofs and facades of large buildings, posted pre-tax losses from continuing operations of €2.8m (2
Read more9 Jun 2014 11:21
UK MIDDAY BRIEFING: Lloyds Prices TSB IPO Below Book Value
LONDON (Alliance News) - Lloyds Banking Group Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the
Read more9 Jun 2014 10:22
UK WINNERS & LOSERS: Lloyds Among Big Losers In FTSE 100
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Capita, up 1.7%. Numis Securities has upgraded Capita to Buy, from Hold, and increased its pric
9 Jun 2014 09:55
MARKET COMMENT: FTSE 100 Gains On Asian Data But Lloyds Declines
LONDON (Alliance News) - The FTSE 100 is modestly higher Monday, as investor sentiment remains broadly positive after a strong US jobs report on Friday, followed by some better Chinese data over the weekend and an upward revision to Japan's GDP. By mid-morning Monday the FTSE 100 is up 0.3%
Read more9 Jun 2014 08:06
Hightex Shares Drop As Loss Widens Due To Brazil Joint Venture Doubts
LONDON (Alliance News) - Engineering company Hightex Group PLC saw its shares slide 37% Monday morning after it posted a widened pretax loss on nearly halved revenue in 2013, hit by operational problems at its Brazilian joint-venture company. The company posted a pretax loss of EUR2.8 milli
Read more26 Mar 2014 13:40
UK MIDDAY BRIEFING: Government Completes 2nd Lloyds Bank Stake Sale
LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of Lloyds Banking Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.<
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