HYDG.L Share News (HYDG)

Hydrogen Says Profit Down Due To Investments

LONDON (Alliance News) - Hydrogen Group PLC Monday reported a fall in profit for the full-year, as it increased its headcount and faced problems in Australia. The recruitment company posted pretax profit of GBP2.4 million for 2013, down from GBP3.2 million, even though revenue climbed to GB

Hydrogen Confirms Extent Of Pretax Profit Decline

LONDON (Alliance News) - Recruitment business Hydrogen Group PLC Tuesday said it expects to report a 2013 pretax profit of about GBP2.3 million, down from GBP3.2 million in 2012, despite trading in line with expectations in the last two months of the year. Last month, the firm said it expec

UK MORNING BRIEFING: Shares Higher; Unilever, SABMiller As Expected

LONDON (Alliance News) - UK shares have opened higher Tuesday, as Unilever and SABMiller have released results and trading statements in line with expectations.

Peel Hunt has issued ratings on the property sector, cutting Great Portland Est

Hydrogen Group Profits Droop As Weak Australian, UK Markets Hamper Performance

Intu Properties Deputy Chairman continues to build stake

John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t

Thursday Broker round-up UPDATE

AMEC: Nomura raises target price from 1240p to 1340p, buy rating remains unchanged. Barclays Capital reduces target price from 1350p to 1320p, underweight rating kept. Atkins (WS): Investec reduces target price from 727p to 700p, hold recommendation maintained. Barr AG: UBS raises target price fro

Economy remains challenging for Hydrogen

Specialist recruitment firm Hydrogen reported a slight rise in first half profit thanks to robust performances from its international operations and its Technical & Scientific practices but it expects the overall economic backdrop to remain challenging. Net fee income rose to £15.6m in the six mont

Hydrogen rises on strong 2011

Hydrogen, the specialist recruitment firm, has seen revenues and profits grow on the back of strong performances from its pharmaceuticals and oil and gas divisions. Group revenue increased by 27% to £156.2m (2010: £123.4m) while net fee income (NFI) rose 8% to £29.8m, a record for Hydrogen. The c

Hydrogen's results should be a gas

There has been a spate of profit warnings among recruitment firms recently but Hydrogen bucked the trend, saying profit before tax for 2011 will come in at the top end of analysts' forecasts. The group has delivered a 9% increase in Net Fee Income (NFI)compared to 2010, with the year-end figure lik

Tuesday tips round-up: Spirit, Berkeley, Britvic...

Long before the pub group's demerger at the start of August, the City had largely labelled the managed operation Spirit Pub Company as a far more attractive proposition than the leased pub group Punch Taverns, says the Investment Column in the Independent. The maiden results from the two de-merged c

Broker snap: Hydrogen flies on the back of finnCap note

Analysts at finnCap have today issued a very positive research note on support services group Hydrogen, following the company´s half year trading update. Thus, they highlight the record performance put in by the firm´s contract business, which accounts for 88% of revenue and 46% of net fee income.

Berendsen non-exec spends £75,000

Berendsen non-executive director Iain Ferguson has spent £75,000 on shares in the textile service business formerly known as Davis Service Group. He bought 15,000 shares at 496p a time and now has 40,000. Ferguson, a former chief executive of the sugar firm Tate & Lyle, joined Berendsen last year.

Small caps round-up: Omega, Edenville, Vatukoula ...

Omega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.

Small caps: Avingtrans, Hydrogen, Murgitroyd...

Component designer Avingtrans has been chosen by Siemens MR Magnet Technology to manufacture precision machined formers for Siemens' next generation Magnetic Resonance Imaging systems. Once the product is in full production in 2012, the annualised value of this new product to Metalcraft will be ap

International expansion a boon for Hydrogen

Shares in recruitment firm Hydrogen hit a new 52-week high after the company said trading in the first half of 2010 was ahead of expectations. Group net fee income (NFI) for the period was way ahead of the same period for the prior year , with NFI from international operations growing to around 35