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Redhall on track for FY

Thu, 08th Apr 2010 08:01

Engineering support services group Redhall said trading in the six months to 31 March 2010 has been in line company expectations and is confident of meeting full year targets."Whilst the overall market remains competitive, we have seen growth within the key areas of energy and defence where our technical capability and continually enhanced reputation enables us to win key strategic projects," the group said in a company statement.Net cash resources at the half year were £7.4m compared to £6.3m the year before and the group's order book now stands at £130m, up from £115m before. "The strength of this position gives us confidence that we will achieve our full year expectations," it said. Executive chairman David Jackson added, "We are encouraged by our key contract win with Vivergo Fuels which reinforces our stated strategy of focusing on our core markets and competencies. This will be one of the largest bio-ethanol plants in the UK and strengthens our position in the energy market."
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11 Jun 2019 11:35

Avingtrans Buys Doors & Walls Maker Booth From Redhall Administrators

(Alliance News) - Engineering firm Avingtrans PLC said Tuesday it has acquired blast and acoustic walls and doors maker Booth Industries Ltd for GBP1.8 million from administrators of Redhall Group

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28 May 2019 10:52

Redhall To Appoint Administrators, Explores Business Sale Options

LONDON (Alliance News) - Redhall Group PLC on Tuesday said it intends to appoint administrators within 10 business days, unless "circumstances change".On Friday last week, the it

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3 May 2019 12:11

Downing Strategic Micro-Cap Performance Hurt By Three Troubled Stocks

LONDON (Alliance News) - Downing Strategic Micro-Cap Investment Trust PLC on Friday said its net asset value per share dropped sharply in its most recent financial year after a decline in the of a

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1 May 2019 10:53

WINNERS & LOSERS SUMMARY: Sirius Minerals Down After Fundraising

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------J up The

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1 May 2019 10:43

Redhall warns of profits 'materially below' expectations

(Sharecast News) - Engineering business Redhall warned investors on Wednesday that delays in the award of a number of expected new contracts meant that its full-year performance would now be "materially below its previous expectations".

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6 Mar 2019 15:37

Redhall Group expecting strong second half

(Sharecast News) - Manufacturing and services company Redhall Group told shareholders on Wednesday that its market conditions remained "encouraging", and that it had a "strong" pipeline of opportunities, as investors gathered for the annual general meeting in London.

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6 Mar 2019 13:44

Redhall Group Reports Revenue "Slightly" Ahead Of Previous Year

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

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27 Feb 2019 16:06

UK Shareholder Meetings Calendar - Next 7 Days

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31 Jan 2019 11:18

Redhall Shares Drop On Widened Annual Loss And Revenue Decline

LONDON (Alliance News) - Shares fell in Redhall Group PLC on Thursday as it reported a widened loss and lower revenue for its recently ended financial year, as certain businesses within the group

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25 Jan 2019 11:20

Redhall Agrees GBP2 Million Short Term Loan With Major Shareholders

LONDON (Alliance News) - Engineering firm Redhall Group PLC on Friday said it has agreed terms with two major shareholders for new short-term loans totalling GBP2.0 million.The short term 1

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25 Jan 2019 09:54

Redhall gets £2m short-term funding from major shareholders

(Sharecast News) - Manufacturing and services company Redhall Group has agreed terms with two of its major shareholders, Lombard Odier Investment Management (LOIM) and client funds managed by Downing, for new short term financing facilities of £2m, it announced on Friday.

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24 Jan 2019 15:58

UK Earnings, Trading Statements Calendar - Next 7 Days

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4 Dec 2018 15:57

UK Earnings, Trading Statements Calendar - Next 7 Days

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25 Oct 2018 12:20

Redhall Hires Ex-Rolls Royce Exec As Interim Boss After Pearson Leaves

LONDON (Alliance News) - Redhall Group PLC on Thursday said its Chief Executive Wayne Pearson has resigned from his position with immediate effect.Redhall, which provides engineering to the

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25 Oct 2018 08:29

Redhall CEO steps down after seven months on the job

(Sharecast News) - AIM-listed manufacturer Redhall revealed on Thursday that chief executive Wayne Pearson had resigned his position with immediate effect.

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