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Pin to quick picksInterserve Share News (IRV)

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Interserve trading in line, on track for FY

Wed, 11th Jan 2017 08:59

(ShareCast News) - Support services and construction group Interserve said trading in the year to the end of December was in line with its previous guidance and expectations for the full year are unchanged.The company expects strong international construction and equipment services results will broadly offset a disappointing performance in UK construction.As at 31 December, the net debt position for the group was expected to be better than previously guided at between £270m and £280m, driven by strong collections and other working capital measures offsetting an increased level of cash outflows from the exited energy from waste business.Back in August, the company announced that it was exiting the energy from waste business industry, pointing to issues such as continuing supply chain challenges. At 0915 GMT, the shares were up 8% to 342.25p.
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28 Jun 2016 08:02

Interserve wins £60m services contract with JLL

(ShareCast News) - Support services group Interserve has won a facilities management services contract worth £60m over its initial three year term with commercial and residential property services company JLL. Interserve will provide integrated facilities services at 18 shopping centres managed by J

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28 Jun 2016 07:18

Interserve Signs Services Contract With JLL Worth GBP60.0 Million

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14 Jun 2016 07:52

Crimson Tide Secures New Three-Year mpro5 Deal With Interserve

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2 Jun 2016 08:00

FTSE quarterly review confirms raft of changes to 100 and 250 indices

(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others

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1 Jun 2016 17:11

Hikma to replace Inmarsat in FTSE 100 index

LONDON, June 1 (Reuters) - Hikma Pharmaceuticals will be promoted to Britain's benchmark FTSE 100 equity index after a sharp rally in its shares since March, while satellite company Inmarsat will drop out of the FTSE. A spokesman for the London Stock Exchange announced the change via telep

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1 Jun 2016 16:14

Hikma Pharmaceuticals Rejoins FTSE 100, Smurfit Kappa Joins FTSE 250

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31 May 2016 10:19

Inmarsat set for FTSE demotion in quarterly review

(ShareCast News) - Satellite communications company Inmarsat could be pushed out of the FTSE 100 by Hikma Pharmaceuticals in June, according to the FTSE Russell. Changes from the latest quarterly review of the FTSE 100, to be announced on Wednesday, will take place on Friday 17 June. Earlier this m

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18 May 2016 08:58

Interserve secures £25m Eastleigh leisure centre deal

(ShareCast News) - Support services and construction group Interserve announced a new contract win on Wednesday, having secured a £25m deal to build one of the biggest leisure centres in the south of England. The FTSE 250 firm said the Fleming Park Leisure Centre in Eastleigh, which is being designe

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18 May 2016 06:52

Interserve Wins GBP25 Million Contract For Eastleigh Leisure Centre

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16 May 2016 14:03

DIRECTOR DEALINGS: Interserve Senior Manager Buys Shares

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13 May 2016 15:03

Dividends Calendar - Week Ahead

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9 May 2016 16:05

LONDON MARKET CLOSE: Commodity Stocks Suffer As Iron Ore, Copper Fall

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9 May 2016 11:10

LONDON MARKET MIDDAY: Stocks Up Despite China Trade Data Hit To Miners

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9 May 2016 10:19

Berenberg cuts Interserve's target price but leaves rating at 'buy'

(ShareCast News) - Interserve shares fell on Monday as Berenberg cut its target price to 520p from 645p after the support service and construction company highlighted contractual issues in a trading update. Interserve on Friday said expectations for its UK construction division had been "significant

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9 May 2016 08:32

BROKER RATINGS SUMMARY: easyJet And Smith & Nephew Favoured

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