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Small caps: Paddy Power, Avis Europe, Plexus...

Tue, 18th May 2010 14:04

Irish bookie Paddy Power says 2010 has seen very strong revenue performance in online (total gross win (ex Australia) +32%) and good bet volume growth across all channels. "Following a run of adverse sporting results in 2009 the group's sportsbook gross win percentages have returned to normal expectations in the year to date," it added.Hire car group Avis reports a good start to the year despite the disruptions to travel due to adverse weather conditions and the volcanic ash cloud in April. Given the disruptions, billed days, our measure of volumes, are encouragingly currently only slightly lower than prior year, it added, with a good performance in the UK, France and Germany.Investment firm Evolution Group said total income and operating profitability are ahead of the comparative period in 2009 despite some "extremely" challenging market conditions experienced in the year to date."The recent financial market turbulence is a reminder of how the short term uncertainties stemming from the ongoing unwinding of the global structural imbalances may continue to provide challenging trading conditions for some time. The group is confident, however, that its growth plans remain on track," it said.The slanging match between Pyrrho and bit target Liberty, the luxury goods retailer, continues. Pyrrho denies its offer for Liberty was "highly conditional" and said it was never told a higher offer existed. Liberty said yesterday that Pyrrho "had ample opportunity" to increase its proposed 185p a share offer but refused to do so on an unconditional basis. It has since received an offer from Pyrrho that is at "a higher aggregate price" than BlueGem's 186p a share. Plexus Holdings has reached agreement with Senergy, a leading worldwide energy operator, to supply its proprietary POS-GRIP wellhead technology and mudline suspension systems for exploration activities in the North Sea. The contract is worth approximately £700,000, which is subject to completion of relevant terms, with revenues expected to commence 31 July. Rental company Northbridge says enquiries and quotes for the sale of manufactured units are improving compared with the levels of last year. In addition rental demand continues to increase in nearly all our markets.Oil and gas explorer CDS's directors say its financial situation is not appropriate for an AIM quoted company and it will cancel its listing on 23 June.
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18 Apr 2016 09:45

WINNERS & LOSERS SUMMARY: Failed Talks Send Oil Down, Travel Stocks Up

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18 Apr 2016 07:17

Northbridge Swings To Loss, Plans Placing, Open Offer (ALLISS)

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4 Feb 2016 12:10

Oil prices see Northbridge suffer in Dubai, down under

(ShareCast News) - Northbridge Industrial Services warned the market of muted activity in a pre-close trading update on Thursday, as it faced tough market conditions in the South Pacific and the Middle East amid the low global oil price environment. The AIM-traded industrial services and rental comp

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4 Feb 2016 10:55

Northbridge Cuts Costs And Streamlines To Cope With Oil Downturn

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17 Dec 2015 12:38

Northbridge Industrial Services Agrees Revised Covenants With Banks

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3 Nov 2015 17:21

DIRECTOR DEALINGS SUMMARY: Northbridge Chairman And CEO Buy Shares

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3 Nov 2015 15:50

Northbridge Industrial Services directors prop up share price

(ShareCast News) - Northbridge Industrial Services board members have been buying stock to bolster the company's share price. Chief executive Eric Hook and chairman Peter Harris both purchased 150,000 and 100,000 shares in the company on Monday at 70p per share. Western Selection, of which non-exec

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3 Nov 2015 10:55

DIRECTOR DEALINGS: Northbridge Chairman And CEO Lift Shareholdings

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22 Oct 2015 14:55

Northbridge Industrial Not Aware Of Reason For Share Price Drop

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30 Sep 2015 09:41

Northbridge Industrial Services Cuts Costs As It Swings To Loss

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29 May 2015 14:19

DIRECTOR DEALINGS SUMMARY: Personal Group CEO Sells 125,000 Shares

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29 May 2015 12:51

DIRECTOR DEALINGS: Northbridge Chief Executive Buys Shares

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28 May 2015 11:26

LONDON MIDDAY BRIEFING: Corporate Sponsors Join Backlash Against FIFA

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28 May 2015 10:35

WINNERS & LOSERS: Sports Direct Expects Earnings To Beat Forecasts

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28 May 2015 08:45

Northbridge Industrial Services takes drastic action to stay profitable

Dogged by the oil industry slump, Northbridge Industrial Services has severely slimmed the business down and warned of interim losses, but said it hoped to remain in the black for the full year after cutting staff numbers and selling off businesses and rental fleets in the UK, Middle East and Asia.

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