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Pin to quick picksJaywing Share News (JWNG)

Share Price Information for Jaywing (JWNG)

London Stock Exchange
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Share Price: 3.15
Bid: 3.10
Ask: 3.20
Change: 0.00 (0.00%)
Spread: 0.10 (3.226%)
Open: 3.15
High: 3.15
Low: 3.15
Prev. Close: 3.15
JWNG Live PriceLast checked at -

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Jaywing losses widen as outflows offset sales momentum

Tue, 20th Nov 2018 08:12

(Sharecast News) - Jaywing saw losses widen in the first half of its trading year as building sales momentum and the benefits of cost realignment and debt reduction were offset by an increase in outgoings.Jaywing losses widened 68% year-on-year to £634,000 despite as the 1.2% uptick seen in gross profits was partially offset by a 0.7% contraction in EBITDA margins to 7.3%.Losses per share also bloated to 0.68p from the 0.44p recorded a year earlier as the company paid down debt, interest costs increases and taxes.Looking forward, Jaywing doesn't anticipate market conditions improving in the UK given the general level of uncertainty ahead of the UK's withdrawal from the European Union on 29 March 2019 but believes its differentiated offering makes it well placed to capitalise on growth opportunities in both the UK and Australia.In a separate announcement, the AIM-listed media outfit revealed that it had exchanged contracts for the sale of HSM, its contact centre business, to Bidco for a cash consideration of £500,000.HSM recorded revenues of £6.03m, an EBITDA of £136,000 and a pre-tax loss of £30,000 in the year ended 31 March.As of 1130 GMT, Jaywing shares had dipped 1.62% to 18.20p.
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15 May 2014 15:31

Impellam Group Chairman Passes Away

LONDON (Alliance News) - Staffing specialists Impellam Group PLC said Chairman Andrew Wilson passed away Thursday morning. Wilson was also a non-executive director at Shellshock Ltd, Jaywing PLC and Dods Group PLC. Impellam shares were quoted down 1.6% at 460 pence. By Anthony T

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25 Mar 2014 11:11

Jaywing Appoints Group Finance Director

LONDON (Alliance News) - Jaywing PLC said Tuesday it has appointed Michael Sprot as Group Finance Director with immediate effect. Sprot has been with the company since February 2013 when he joined as Group Financial Controller and Company Secretary. Before Jaywing he was Head of Comme

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18 Mar 2014 13:09

UK MIDDAY BRIEFING: Sainsbury's Sales Slow But Won't Join Price War

LONDON (Alliance News) - J Sainsbury PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti

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18 Mar 2014 11:57

UK WINNERS & LOSERS: Cairn Energy Falls 12% As It Swings To Loss

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.

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FTSE 100 - WINNERS

J Sainsbury, up 0.8%. The food retailer is the latest of the big UK supe

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18 Mar 2014 11:17

Jaywing Acquires Agency Epiphany Solutions

LONDON (Alliance News) - Marketing and consulting business Jaywing PLC said Tuesday that it has acquired Leeds and London-based search marketing agency Epiphany Solutions Ltd. Jawying said its bought Epiphany for an initial cash payment of GBP11 million, plus a further deferred cash payment

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18 Mar 2014 09:36

Jaywing buys Epiphany Solutions

Marketing and consulting business Jaywing has bought Epiphany Solutions for an initial cash consideration of 11m pounds. Jaywing is buying 100% of the UK marketing agency's share capital, which includes a further deferred payment of £1m and an earn out consideration of up to £6m to be paid in two i

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22 Nov 2013 10:12

Jaywing's first half profits rise on restructuring

Jaywing's first half gross profit rose 10.8 per cent to 16.3m pounds as the marketing business undergoes a major restructuring. Earnings before interest, tax, depreciation and amortisation (EBITDA), before other income, came to £1.66m in the year to end of September, up from the prior year's £1.3

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22 Nov 2013 09:51

Jaywing Hit By E-Commerce Sale Loss, But Agency Business Recovers

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22 Nov 2013 07:40

AIM IN BRIEF: IMIC Share Placing Raises GBP13.0 Million

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7 Oct 2013 10:59

Jaywing sells e-commerce arm Tryzens

Jaywing's shares rose after completing the sale of its e-commerce arm Tryzens for 6m pounds. The UK digital communications company said the disposal will strengthen its balance sheet and allow for investments in areas of "greater strategic interest". The outstanding inter-company debt Tryzens owes

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7 Oct 2013 10:15

Jaywing Completes Sale Of E-Commerce Arm Tryzens For GBP6 Million

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7 Oct 2013 06:47

Monday newspaper round-up: Royal Mail, RBS, Jaywings

Institutional investors are preparing to take the lion's share of the biggest government flotation in 20 years as Royal Mail stocks go on sale at what critics say is a substantial discount to their real value. Analysts expect many small investors to miss out as senior Labour figures claimed the Gove

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3 Oct 2013 13:05

Jaywing in talks to offload e-commerce arm through MBO

Marketing and consulting business Jaywing said it was in advanced talks to sell its e-commerce arm Tryzens through a management buyout. Tryzens is a digital solutions provider whose clients include a raft of retailers as well as some banks and other financial services businesses. The statement wa

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3 Oct 2013 09:03

Jaywing Rallies Again As It Confirms Talks To Sell Online Commerce Unit

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