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Thu, 20th Mar 2014 09:19
LONDON (Alliance News) - Portmeirion Group PLC Monday said that it expects its pretax profit for the full year ended December 31 to be in line with expectations, following a strong fourth quarter. The ceramics and home-ware company expects to see revenues for the year over GBP58 million, ar
Read moreLONDON (Alliance News) - UK shares have opened mostly lower Monday, following a disappointing GDP report from China.
Shell has grabbed attention at the start of a second straight trading day, revealing that it will sell its interest in the Wheatstone-Lago joint vent
Afren: Westhouse Securities initiates with a target price of 160p and a buy recommendation. Ashmore Group: Credit Suisse raises target price from 375p to 440p upgrading from underperform to neutral. Barratt Developments: Citigroup increases target price from 245p to 315p leaving its neutral rating
Read moreThe Chief Executive of Advanced Oncotherapy, a provider of new technology for innovative and patient-focused cancer treatments, has this week purchased three lots of shares in the group, taking his stake to just under 69.4m shares. On Thursday Sinclair purchased one round of 8.075m shares at 1.59p
Read moreHomewares manufacturer Portmeirion anticipates record revenues in its annual results despite difficult economic conditions and the devastating impacts of Hurricane Sandy. The group expects revenues exceeding £55m for the year to December 31st, 2012, a 3.0% increase compared to 2011. Portmeirion c
Read moreRichard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200
Read morePortmeirion Group, an AIM-listed pottery group, recorded a rise in revenue, pre-tax profit and earnings per share for the year ended December 31st. Revenue increased by 4.6% from £51.2m to a record £53.6m, while pre-tax profit rose to £6.3m from £5.4m (£5.2m after exceptional items), up by 16.2%.
Read morePottery group Portmeirion posted record revenues of £51.2m last year, up 19% on the previous year and boosted by strong growth in the US and Korea. Profits increased by 41% to £5.2m. Sales grew across all four main brands with Spode and Royal Worcester both very strong. "We have plans to further i
Read moreChina and pottery group Portmeiron expects profit before tax to be in line with upgraded expectations after a good Christmas capped a strong year for the company. Sales were particularly strong in North America, South Korea and Italy during the full year, the company said. "The group expects to r
Read moreSupport services specialist Redhall focuses on three areas - defence, energy and food processing. In defence, it is a key player in the Astute submarine project, the Royal Navy's ultrasophisticated new fleet. Redhall is a solid, well-run company and it is poised to grow as the economy becomes stron
Read morePearson still derives 75% of its revenue from print, whether that is school books, copies of the Financial Times or hit titles such as Superfreakonomics. It would be natural to assume that the publisher is in danger of coming unstuck during the undoubtedly bumpy transition to digital from paper.With
Read morePortmeirion shares shot forward as the ceramics group indicated profit before exceptional items and taxation this year will be 'significantly ahead of market expectations'. After the 24% interim leap, revenues since June have continued significantly up on last year, the group added. Key export m
Read moreLeading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and
Read moreFootsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi
Read moreFootsie is powering forward on the back of strong performances from financials and miners. Lonmin and Kazakhmys are the best performing miners, while among financials the stand-out stocks are spread around the insurance (Legal & General, Prudential), banking (Barclays), fund management (Schroders )
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