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Pin to quick picksMarlowe Share News (MRL)

Share Price Information for Marlowe (MRL)

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Share Price: 434.00
Bid: 430.00
Ask: 438.00
Change: 1.00 (0.23%)
Spread: 8.00 (1.86%)
Open: 434.00
High: 434.00
Low: 434.00
Prev. Close: 433.00
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Marlowe blazes ahead with acquisitions

Mon, 12th Dec 2016 08:40

(ShareCast News) - Having completed four acquisitions in the first half and a further two post period end to expand its presence in both its fire and water divisions, Marlowe has announced plans to raise around £10m to support its continued acquisition-led growth. After merging with the new Marlowe Holdings guise of Lord Ashcroft's Shellshock cash shell in April, before beginning an acquisition spree.Swift, a fire and security systems company, formed the basis of a fire division, to which was added Fire Alarm Fabrication Services in May; before adding Hentland and Titan in the second half of the year. The company formed a water division through the acquisition of WCS, a provider of integrated water treatment, hygiene, testing and engineering services and H2O, a provider of integrated water treatment, hygiene and testing services.All acquisitions were said to be performing in line with expectations with encouraging momentum in cross-selling services between fire and water divisions, according to the board.The board said they felt that the group has the potential to expand due to its "well-developed and attractive" pipeline of opportunities.For the six months ended 30 September 2016 revenue was £17.7m compared to zero in the six months ended 31 March 2016. Profit before tax was £1.3m up from a loss of £0.1m.Chief executive Alex Dacre said: "We made good strategic and operational progress in the first six months of our first year of trading as Marlowe plc. We completed four acquisitions, and a further two since the period-end, providing us with a strong platform for growth in our initial target markets of fire protection, security systems and water treatment services."The integration of these acquisitions is proceeding to plan and we have a well-developed pipeline of attractive opportunities to add further scale to Marlowe as we implement our strategy of building a leading UK support services group in complementary areas of critical asset maintenance. The second half year has started well and we have revised our budget upwards to reflect recent trading and acquisitions. We are confident of making further progress through the second half of the year."The share price rose 6.55% to 309p at 09398 GMT on Monday.
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23 Nov 2022 11:33

Marlowe profit rises after surge in revenue from acquisitions

(Alliance News) - Marlowe PLC on Wednesday said profit jumped in the first half of its financial year, following strong revenue growth from acquisitions.

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23 Nov 2022 07:11

Acquisitions boost 'strong' first-half performance at Marlowe

(Sharecast News) - Marlowe posted a surge in half-year revenues on Wednesday, buoyed by acquisitions and solid organic growth.

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15 Sep 2022 10:00

TOP NEWS: THG shares fall as cuts earnings guidance, changes directors

(Alliance News) - THG PLC on Thursday cut its earning guidance for 2022 despite narrowing its interim loss, amid a board shake-up as two directors left and two joined.

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14 Sep 2022 13:23

Marlowe reports 'strong' progress in year-to-date

(Sharecast News) - Business software and regulatory service provider Marlowe updated the market on its recent trading on Wednesday, reporting "strong" financial progress, in line with expectations.

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14 Sep 2022 10:57

Marlowe posts strong start to year, anticipates significant growth

(Alliance News) - Marlowe PLC on Wednesday impressed investors with a cheerful update on its year-to-date, as the software and services firm proves to be well-situated to manage a challenging economic environment.

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7 Sep 2022 15:54

UK shareholder meetings calendar - next 7 days

Thursday 8 September 
Atlantis Japan Growth Fund LtdAGM
Aston Martin Lagonda Global Holdings PLCGM proposed equity capital raise
Caretech Holdings PLCGM takeover by Sheikh Holdings Group
Chariot LtdAGM
Chelverton UK Dividend Trust PLCAGM
Currys PLCAGM
Euromoney Institutional Investor PLCGM re takeover offer by Astorg and Epiris
Gabelli Merger Plus+ Trust PLCGM tender offers
Invesco Asia Trust PLCAGM
LendInvest PLCAGM
Lindsell Train Investment Trust PLCAGM
Montanaro European Smaller Cos Trust PLCAGM
Polar Capital Technology Trust PLCAGM
ScotGems PLCGM re voluntary liquidation
Semper Fortis Esports PLCAGM
Severfield PLCAGM
Speedy Hire PLCAGM
SysGroup PLCAGM
WH Ireland Group PLCAGM
XPS Pensions Group PLCAGM
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BH Macro LtdAGM
CLS Holdings PLCGM re tender offer
Gear4Music Holdings PLCAGM
Newcrest Mining LtdAGM
Pensana PLCAGM
ReNeuron Group PLCAGM
SVM UK Emerging Fund PLCAGM
Victoria Oil & Gas PLCAGM
Voyager Life PLCAGM
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SDCL Energy Efficiency Income Trust PLCAGM
Warehouse REIT PLCAGM
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Industrials REIT LtdAGM
Mercia Asset Management PLCAGM
R&Q Insurance Holdings LtdSGM
Rockwood Strategic PLCAGM
Wizz Air Holdings PLCAGM
Wednesday 14 September 
Augmentum Fintech PLCAGM
B90 Holdings PLCAGM
Best of the Best PLCAGM
Dev Clever Holdings PLCAGM
Fulcrum Utility Services LtdAGM
Grafenia PLCAGM
Hornby PLCAGM
Marlowe PLCAGM
Purplebricks Group PLCAGM
Sutton Harbour Group PLCAGM
  
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7 Jul 2022 18:03

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28 Jun 2022 09:48

Marlowe swings to profit as revenue gets boost from acquisitions

(Alliance News) - Marlowe PLC on Tuesday reported a swing to a profit through a jump in revenue, boosted by organic growth and the contribution of its many acquisitions throughout the year.

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8 Jun 2022 14:45

IN BRIEF: Marlowe buys compliance consultancy HR Solutions

Marlowe PLC - London-based software & service provider for safety and regulatory compliance - Buys compliance consultancy Business HR Solutions Consultancy Ltd & Business Human Resources Solutions Ltd. Transaction of GBP6.1 million is settled in cash.

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8 Jun 2022 09:44

Marlowe acquires HR Solutions in £6.1m deal

(Sharecast News) - Business and regulatory compliance software company Marlowe has acquired Business HR Solutions Consultancy and Business Human Resources Solutions, which trade together as HR Solutions, it announced on Wednesday.

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25 May 2022 20:03

TRADING UPDATES: SDX supports takeover by Tenaz; Marlow buys

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

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25 May 2022 12:03

Marlowe acquires Cedrec Information Systems in £3m deal

(Sharecast News) - Safety and regulatory software and service provider Marlowe has acquired environmental health and safety data platform Cedrec Information Systems, it announced on Wednesday, for an enterprise value of up to £3m.

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19 Apr 2022 13:42

IN BRIEF: Marlowe buys occupational health services provider TP Health

Marlowe PLC - London-based software and services for safety and regulatory compliance - Buys TP Health (Holdings) Ltd for enterprise value of GBP14.9 million. Marlowe will make an upfront cash payment of GBP13.3 million from its existing cash resources, followed by an estimated GBP1.6 million in performance-related contingent consideration. Northampton, England-based TP Health provides occupational health services in the UK and will join Marlowe's Governance, Risk & Compliance division. TP Health recorded pretax profit of GBP1.0 million on GBP14.6 million in revenue in 2020. It was established in 2006 and employs about 240 people, including 130 clinical professionals.

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