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Low & Bonar reveals new chief executive as H1 sales rise

Fri, 06th Jun 2014 07:31

High performance materials group Low & Bonar announced a new boss and forecast first half sales 10% ahead of last year.Low & Bonar, which makes textiles for industrial uses such as preventing ground pollution in landfill sites, said Australian Brett Simpson would succeed Steve Good as Chief Executive on September 8th.Simpson worked for 23 years with the Dow Chemical Company and was Chief Executive of Belgium-based LBC Tank Terminals Group from 2009 to 2014.Good will retire from the company on September 30th to pursue non-executive roles.Chairman Martin Flower said Simpson's experience in general management, marketing and commercial and production roles in chemicals and plastics would benefit the company.Low & Bonar said its civil engineering and building products sales in the first half were significantly ahead of a weak performance a year earlier.Industrial and leisure sector sales also grew strongly, but overall demand was more muted in flooring and automotive markets despite good progress in Asia Pacific.PW
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10 Oct 2019 10:36

Low & Bonar Lenders Waive Covenants As Long As Takeover By FV Proceeds

Low & Bonar Lenders Waive Covenants As Long As Takeover By FV Proceeds

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10 Oct 2019 08:08

UPDATE 1-Low & Bonar cites risk of failing financial agreements if tested

(Adds details on risks, background)Oct 10 (Reuters) - UK-based polymer products maker Low & Bonar on Thursday warned of tough trading conditions in the third quarter and said that it would not be able to comply with its financial agreements if th...

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23 Sep 2019 08:15

Low & Bonar agrees ?107m takeover with Germany's Freudenberg

(Sharecast News) - Low & Bonar shares rocketed on Monday after it agreed to be taken over by German technology group Freudenberg for £107m in cash.

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20 Sep 2019 18:05

Low & Bonar Accepts GBP107 Million Freudenberg Takeover Offer

(Alliance News) - Performance materials firm Low & Bonar PLC said Friday it has agreed to a GBP107.0 million takeover offer by FV Beteiligungs GmbH, a subsidiary of German diversified group of

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30 Jul 2019 10:17

Low & Bonar Shares Plummet As It Axes Interim Payout Amid Weak Results

(Alliance News) - Low & Bonar PLC axed its interim dividend Tuesday after losses deepened amid lower revenue following another "extremely challenging" period for the technical in Low

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25 Jul 2019 11:46

Low & Bonar Completes Sale Of Civil Engineering Division

(Alliance News) - Performance materials firm Low & Bonar PLC has, it said Thursday, sold the Needle-Punched Non-Wovens unit, meaning the disposal of its Civil Engineering division is business

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23 Jul 2019 16:01

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 July Tullow OilHalf Year ResultsPaypointQ1 Year ResultsLaw

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10 Jul 2019 12:11

Low & Bonar Appoints Non-Executive At Request Of Major Investor

(Alliance News) - Low & Bonar PLC on Wednesday said it has appointed Giulia Nobili as a non-executive director at the request of its largest investor.Shares in Low & Bonar were down

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25 Jun 2019 13:25

Low & Bonar Prepares For "Small" Interim Profit, Progresses Unit Sales

(Alliance News) - Low & Bonar PLC said on Tuesday it expects to report interim results in line with board expectations, with a "small" profit.The performance materials firm in

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3 Jun 2019 12:16

Low & Bonar Sells Construction Fibres Business For Over EUR6 Million

LONDON (Alliance News) - Low & Bonar PLC on Monday said it has agreed to sold its Construction Fibres business, a part of Civil Engineering division, for a cash consideration of EUR6.4 the to

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20 May 2019 16:52

LONDON MARKET CLOSE: Huawei Blow And Ryanair Woe Puts Pressure On FTSE

LONDON (Alliance News) - London stocks started the new week on the back foot following another knock back for Chinese tech giant Huawei amid an ongoing US-Sino trade saga.Travel stocks also played

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20 May 2019 13:39

Monday broker round-up

(Sharecast News) - Hays: RBC Capital Markets upgrades to outperform with a target price of 175p.

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20 May 2019 10:44

WINNERS & LOSERS SUMMARY: Ryanair Results, Outlook Knock Travel Stocks

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - down 2.7%, easyJet, down The

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20 May 2019 10:43

Low & Bonar tumbles as it warns on profits, announces CEO departure

(Sharecast News) - Low & Bonar was under the cosh on Monday as it warned on profits and announced the departure of its chief executive officer, Philip de Klerk.

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20 May 2019 10:14

Low & Bonar First Half "Materially Behind" Last Year; CEO To Depart

LONDON (Alliance News) - Low & Bonar PLC on Monday announced the upcoming departure of its chief executive and said its performance in the first half of its financial year will be behind"

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