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Pin to quick picksIQE Share News (IQE)

Share Price Information for IQE (IQE)

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Share Price: 28.45
Bid: 28.50
Ask: 28.60
Change: 0.45 (1.61%)
Spread: 0.10 (0.351%)
Open: 30.00
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Low: 28.35
Prev. Close: 28.00
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TRADING UPDATES: Umuthi Healthcare loss widens; Ramsdens profit surges

Mon, 10th Oct 2022 21:57

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Umuthi Healthcare Solutions PLC - London-based healthcare firm - Loss in the six months to August 31 widens to GBP7,824 from GBP6,329 a year ago, as administrative expenses jump to GBP7,824 from GBP6,329. Records no revenue, unchanged a year before.

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IQE PLC - Cardiff, Wales-based semiconductor wafer products - Enters a strategic collaboration agreement with SK siltron for the development and commercialisation of compound semiconductor products. "Expansion in Asia is a key focus for IQE and we are excited to be partnering with a globally-recognised leader in advanced materials," Chief Executive Americo Lemos comments.

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US Solar Fund PLC - owns and operates solar power assets in North America - Says its investment manager Energy Solar Manager Pty Ltd purchased 185,352 management fee Shares on October 10, as part of its management fee, at an average price of USD0.86. The amount reflects the management share amount due to the investment manager for the period to June 30 from January 1.

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Kistos PLC - London-based energy industry investor with licenses in the Netherlands - Expects the final hearing in the court process to convert its EUR14.7 million merger reserve into a distributable reserve on Tuesday. Says an issue of bonus shares, each having a nominal value to be determined as at the date of the bonus issue, will occur Monday evening.

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Smurfit Kappa Group PLC - Dublin-based corrugated packaging company - Names Non-executive director Kaisa Hietala as senior independent director effective October 10. She will succeed Gonzalo Restrepo, who will continue as a non-executive director.

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Leeds Group PLC - Wetherby, England-based textile manufacturing company - Says consumer confidence has been further hurt by the conflict in Ukraine since the easings of Covid-19 restrictions. Reviews options available to its business Hemmers-Itex Textil Import Export GmbH and Hemmers' subsidiary Stoff-Ideen-KMR GmbH. Decides that its KMR business is unsustainable and places KMR into an insolvency process, as it continues to extend losses. Plans for its Hemmers arm to return to profitability and confirms that sales for the current year are in line with expectations.

In the year ended May 31, revenue for KMR accounted for GBP5.3 million which made up around 16% of its overall revenue, whilst Hemmer's revenue accounted for GBP27.7 million, which is around 84% of full-year revenue.

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Quartix Technologies PLC - Newtown, Wales-based vehicle tracking system provider - In the first nine months of 2022, new subscriptions grow 24% to 46,566 from 37,672 a year before. Reports that rate of year-on-year growth in annualised recurring revenue and unit installs continued to be "strong" in the third quarter. Expects revenue, profit and free cash flow for 2022 to be in line with current consensus market forecasts.

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Ramsdens Holdings PLC - pawnbroker - Delivers a strong performance across each of its four key segments in the year to September 30. Expects to report full-year pretax profit ahead of expectations. Gross profit multiplies "significantly" to GBP12.6 million from GBP3.3 million a year before. As at September 30, the loan book rises by over 40% to GBP8.6 million from GBP6.1 million, which is above the pre-pandemic loan book of GBP7.7 million at 31 March 2020. Expects to release its annual financial report in mid-January 2023.

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Bluejay Mining PLC - a mineral exploration and development company focused in Greenland and Finland - Completes its 2022 work programme at its Green Transition and Battery Metals Disko-Nuussuaq project located on Disko island. It is its joint venture exploration campaign with KoBold Metals. "I am excited to report that our first JV exploration campaign with KoBold at Disko-Nuussuaq has been completed successfully. The exploration work performed this summer forms the basis of what we hope will become a globally significant exploration find," Chief Executive Bo Moller Stensgaard comments.

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Mosman Oil & Gas Ltd - oil projects in US and Australia - Confirms that drilling at the Cinnabar-1 well in Tyler County, Texas is proceeding as planned.

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By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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10 Apr 2024 10:30

IQE soars on upbeat outlook and contract extension despite sales drop

(Alliance News) - IQE PLC on Wednesday said it expects to meet revenue and earnings market consensus in 2024 despite a drop in sales in its latest financial year.

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10 Apr 2024 10:00

AIM WINNERS & LOSERS: IQE up on contract; Chamberlin hit by demand

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10 Apr 2024 07:15

IQE confident in recovery as it expands AWSC partnership

(Sharecast News) - Semiconductor wafer and advanced material specialist IQE announced its results for the year ended 31 December on Wednesday, alongside announcing an expansion of its partnership with Advanced Wireless Semiconductor Company (AWSC).

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4 Apr 2024 13:09

UK earnings, trading statements calendar - next 7 days

Friday 5 April 
no events scheduled 
Monday 8 April 
Bango PLCFull Year Results
Ferrexpo PLCTrading Statement
Globaltrans Investment PLCFull Year Results
Tuesday 9 April 
Alliance Pharma PLCFull Year Results
CMC Markets PLCTrading Statement
hVIVO PLCFull Year Results
Imperial Brands PLCTrading Statement
IQE PLCFull Year Results
JTC PLCFull Year Results
S&U PLCFull Year Results
Ultimate Products PLCHalf Year Results
Wednesday 10 April 
Churchill China PLCFull Year Results
Futura Medical PLCFull Year Results
M&C Saatchi PLCFull Year Results
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Tesco PLCFull Year Results
Thursday 11 April 
Norcros PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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27 Mar 2024 08:51

IQE boosts product portfolio towards artificial intelligence demands

(Alliance News) - IQE announced on Tuesday that it had strengthened its portfolio with a range of new products.

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16 Jan 2024 10:56

IQE revenue in line with guidance; poaches Intel's Jutta Meier as CFO

(Alliance News) - IQE PLC on Tuesday said 2023 revenue is in line with guidance and announced the appointment of Intel Corp's Jutta Meier as its new chief financial officer.

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16 Jan 2024 10:23

IQE FY revenues surge on strong H2 performance

(Sharecast News) - Semiconductor company IQE said on Tuesday that full-year sales had surged in 2023, driven by a strong second-half performance.

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9 Jan 2024 14:00

IQE appoints new vice president of government affairs

(Sharecast News) - Semiconductor wafer company IQE announced the appointment of Rina Pal-Goetzen as its vice president of government affairs on Tuesday.

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8 Jan 2024 11:42

IN BRIEF: IQE North Carolina site approved for wafer manufacture

IQE PLC - Cardiff, Wales-based supplier of compound semiconductor wafer products - Says its site in North Carolina, US, has been approved by technology partner Raytheon to produce epitaxial wafers for use in advanced infrared sensing and imaging. Chief Executive Officer Americo Lemos says: "IQE is a market-leading global player in the supply of compound semiconductors to the aerospace and security industries. Having received a Raytheon Premier Supplier Excellence award, this qualification demonstrates the continued confidence that Raytheon has in IQE. We are proud to be a strategic partner, ensuring the volume production of sensor and imaging materials made in the USA for a resilient supply chain. We look forward to continuing our long-term partnership for years to come."

Read more
8 Jan 2024 08:20

IQE's North Carolina site gets Raytheon seal of approval

(Sharecast News) - Semiconductor wafer and materials specialist IQE announced on Monday that Raytheon has officially qualified its North Carolina site to produce epitaxial wafers intended for advanced infrared sensing and imaging applications.

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11 Dec 2023 14:30

IQE extends Cardiff University partnership on compound semiconductors

(Alliance News) - IQE PLC on Monday said it extended its long-term partnership with Cardiff University to research capacity in compound semiconductor technologies.

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11 Dec 2023 09:29

IQE extends partnernship with Cardiff University

(Sharecast News) - Semiconductor group IQE revealed on Monday that it has extended its partnership with Cardiff University.

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10 Nov 2023 16:15

Director dealings: IQE CEO raises stake

(Sharecast News) - IQE revealed on Friday that chief executive Americo Lemos had acquired 1.36m ordinary shares in the AIM-listed compound semiconductor wafer products supplier.

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10 Nov 2023 08:55

IN BRIEF: IQE CEO Americo Lemos raises stake to 1.0%

IQE PLC - Cardiff, Wales-based supplier of compound semiconductor wafer products - Chief Executive Officer Americo Lemos buys 1.4 million shares at 17.15 pence, worth GBP234,443, on Thursday. Lemos now has 9.8 million shares, a 1.0% stake.

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