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Redhall Group Reports Revenue "Slightly" Ahead Of Previous Year

Wed, 06th Mar 2019 13:44

LONDON (Alliance News) - Redhall Group PLC on Wednesday said that its revenue so far is "slightly ahead" than the same period a year ago, as it guided for its performance to be weighted towards the second half.

"The board anticipates that the full-year performance of the group will be in line with expectations," the company said at its annual general meeting held earlier on Wednesday.

Market conditions remain encouraging, the firm added, as it looks forward to a "strong pipeline of opportunities".

Redhall also announced that Martyn Everett stepped down from its role of chair on the company's board. Everett will remain on the board as an independent non-executive director.

Joe Oatley, who joined the board as senior independent director in May 2018, will be appointed as chair.

Redhall shares were trading down 4.3% at 2.25 pence each.

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17 Dec 2013 09:34

STOCKS NEWS EUROPE-FTSE AIM index weak, Redhall jumps

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19 Nov 2013 14:21

Redhall Group Expects Vivergo Judgement In December

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13 Sep 2013 08:35

Redhall shares plunge on profit warning

Shares in Redhall Group plunged by more than a quarter after the engineering support services company warned that trading and profits for the second half would miss forecasts. Redhall said performance had been hit by lower activity and margins in its nuclear business and some parts of its engineeri

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13 Sep 2013 08:30

Redhall Shares Plunge 30% As It Warns Of Fall In H2 Trading

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22 Jan 2013 08:17

Redhall boosted by contract wins

Shares of engineering support services group Redhall flew off the shelf after it announced it had been awarded a number of contracts across its nuclear and manufacturing operations. Redhall Nuclear has been selected as a strategic partner by AWE to provide mechanical and electrical engineering ser

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6 Dec 2012 15:03

Redhall says goodbye to troubles

Redhall Group, the specialist engineering support services firm, said that after a testing year the worst was behind it. The Yorkshire-based company has been hit by a number of contract issues, including an expensive legal battle with Vivergo over a biofuels plant. Underlying revenue for the year

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3 Oct 2012 16:08

Walker Greenback's CEO sells 100,000 shares

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21 Sep 2012 15:48

Travis Perkins big wheel shovels out shares

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17 Sep 2012 16:11

Kate Bostock ditches M&S shares ahead of departure

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Small caps round-up: Byotrol, sareum, KDD ...

Byotrol, an anti-microbial hygiene company, has continued to make progress and has maintained the momentum seen in the second half of last year into the current financial year. The balance sheet continues to remain strong and is well positioned to its objective of positive cash generation at the ear

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