Nature Group Share News (NGR)

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Nature Group drops on full-year guidance

Mon, 10th Dec 2012 09:02

Shares in AIM-listed maritime waste treatment provider Nature Group tumbled on Monday morning after the firm revealed that it would miss full-year forecasts.The company stated that the results for the year would be materially below market expectations as a result of the delay in completion of a number of projects and orders together with increased costs associated with preparing for the expansion of the business.The stock was down 26.05% at 22p at 09:56 following the publication of the trading update.The second half of 2012 was adversely affected by a lower-than-expected level of revenue in the company's oil and gas division and decreased margins, the update stated."The deployment and sales of our CTU units are taking longer than previously anticipated and consequently revenue from these units that management had expected to occur in the year ending 2012 are now expected to complete in 2013," the update stated."We had anticipated when building the last two CTU's that they would have been deployed sooner, but it is now apparent that they won't contribute to Nature's 2012 results. As the pipeline of projects for our CTU's is growing, we are still confident that the operational shift within the oil and gas industry, for treating waste offshore instead of onshore, is happening."In spite of challenges, the company reported promising devlopments: "Over the last two years we are extremely pleased by the number of opportunities which have been generated in both existing and new market locations and are actively progressing several of these and we expect to make further announcements in the near future". Nature Group stated that it had signed a contract with the UK Ministry of Defence for the construction of a waste processing facility in an overseas territory with a contract value in excess of £2m."The board is confident of the fundamental long term prospects of the group. Our technology and services are gaining increasing recognition and we are committed to a controlled expansion. Our balance sheet is robust and we still have approximately £1m of net cash, despite our many recent capital expenditures. The company remains committed to its previously announced dividend payout policy," the statement added.On November 13th , the company announced the appointment of a new Chairman and stated in its update that it has since instigated a thorough review of the company structure and reporting lines. MF

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27 Sep 2018 16:30

Nature Group Swings To Interim Profit But Cancels Trading On AIM (ALLISS)

LONDON (Alliance News) - Nature Group PLC on Thursday said its shares will be cancelled on Friday despite a swing to profit in the first half of 2018.The waste treatment solutions shares on

20 Jul 2018 15:51

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2 Jul 2018 13:03

Nature Group Progresses Negotiations About Future Financing

LONDON (Alliance News) - Nature Group PLC said Monday it continues to progress negotiations about its future financing, structure and strategic direction and to be supported by DNB Bank in regards

1 May 2018 13:30

Nature Group Gets Loan Deal From Fairweather & Sons To Cover Payments

LONDON (Alliance News) - Nature Group PLC on Tuesday said that it entered into a GBP400,000 loan agreement with commercial building company Fairweather & Sons Ltd at an interest rate of 5.0% a

27 Mar 2018 15:01

Nature Group Shares Suspended As Financial Position Weakens (ALLISS)

LONDON (Alliance News) - Nature Group PLC were suspended from trading on AIM on Tuesday at the company's request whilst it seeks to clarify its financial Group shares were

15 Mar 2018 11:07

Nature Group Discussing Possible Maritime Division Sale, Shares Up

LONDON (Alliance News) - Shares in Nature Group PLC rose on Thursday as the firm said it had received indications of interest for the purchase of its Maritime stock was at per

15 Mar 2018 10:53

WINNERS & LOSERS SUMMARY: PZ Cussons Shares Plummet On Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 1.2%. The heating and plumbing products has

7 Mar 2018 12:49

Nature Group To Sell Oil & Gas Division To Secure Waiver From Lender

LONDON (Alliance News) - Nature Group PLC shares plunged Wednesday as it said it has secured a waiver from its lender which is conditional on the sale of the company's oil

17 Jan 2017 08:07

Nature Group sells loss-making Gibraltar subsidiary for £4m

(ShareCast News) - Nature Group, a provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, has brought an end to an "unhappy chapter" in its history by selling its loss-making Gibraltar subsidiary, but warned that its losses for the year would

22 Dec 2016 12:12

Nature Group rallies on contract win

(ShareCast News) - Nature Group has been awarded a "major contract by an international oil company" worth at least £5m for the provision of containerised slop-treatment units in the Central North Sea. The AIM-listed provider of port reception facilities and waste treatment solutions for the oil, mar

28 Sep 2016 11:23

Nature Group shares down on disappointing first half

(ShareCast News) - Port reception facilities and waste treatment solutions provider Nature Group announced its interim results for the six months to 30 June on Wednesday, with revenues of £6.2m, down from £8.3m in the first half of last year. The AIM-traded firm underlying pre-tax loss for the perio

22 Jun 2016 15:05

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27 May 2016 11:45

Nature Group widens FY loss, says more work to be done

(ShareCast News) - Nature Group says it still has work to do as it posted a wider full-year pre-tax loss of £2.41m, from a loss of £1.44m, even as revenue firmed to £16.27m, from £14.33m. Chairman Berend van Straten said that 2015 was a year in which the group has started to transform, both organisa

27 May 2016 11:04

LONDON MARKET MIDDAY: Stocks Pause For Breath Before Yellen Speech

27 May 2016 09:38

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Nature Group Share News (NGR)

Nature Group drops on full-year guidance

Nature Group Swings To Interim Profit But Cancels Trading On AIM (ALLISS)

UK Shareholder Meetings Calendar - Next 7 Days

Nature Group Progresses Negotiations About Future Financing

Nature Group Gets Loan Deal From Fairweather & Sons To Cover Payments

Nature Group Shares Suspended As Financial Position Weakens (ALLISS)

Nature Group Discussing Possible Maritime Division Sale, Shares Up

WINNERS & LOSERS SUMMARY: PZ Cussons Shares Plummet On Profit Warning

Nature Group To Sell Oil & Gas Division To Secure Waiver From Lender

Nature Group sells loss-making Gibraltar subsidiary for £4m

Nature Group rallies on contract win

Nature Group shares down on disappointing first half

UK Shareholder Meetings Calendar - Next 7 Days

Nature Group widens FY loss, says more work to be done

LONDON MARKET MIDDAY: Stocks Pause For Breath Before Yellen Speech

WINNERS & LOSERS SUMMARY: Phoenix Group Rises On AXA Wealth Deal

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