Servelec Group Share News (SERV)

Tuesday broker round-up

(ShareCast News) - Cairn Energy: Deutsche Bank upgrades to buy with a target price of 275p. Servelec Group: Berenberg reiterates buy, 391p target. Anglo American: JP Morgan reiterates overweight with a 1470p target. Premier Oil: Deutsche Bank downgrades to hold with a 90p target. Sanne Group: Be

Servelec Expects In Line Results On "Significant Strides" Across Units

Servelec awarded contract by major UK gas supplier

(ShareCast News) - UK-based Servelec has been awarded a contract by a major UK gas supplier to provide a remote operations solution for a gas platform in the North Sea by deploying a specially developed Servelec Controls system. "This project marks a significant achievement for Servelec and further

Servelec reports raft of first-half slides

(ShareCast News) - Healthcare, local government, and energy technology company Servelec Group announced its results for the six months to 30 June on Wednesday, with revenue dropping 5% from a year earlier to £28.4m. The London-listed firm reported underlying operating profit of £4.5m, down 28%, with

Servelec positive on FY outlook

(ShareCast News) - Technology and software group Servelec is positive on its full-year outlook, noting challenges to date have arisen from timing setbacks rather than any structural change in business environment. The company said it remained in a robust financial position with a strong balance shee

Director dealings: Servelec's non-exec dips in after profit warning

(ShareCast News) - Senior Servelec Group director Roger McDowell has shown his support for the company's prospects after the technology and software group warned on profits on Wednesday. McDowell, a non-executive director for more than two years among his wide portfolio, bought 100,000 shares at

DIRECTOR DEALINGS: Servelec Non-Executive Buys 100,000 Shares

Servelec shares plunge 33% on profit warning

(ShareCast News) - Shares in technology and software group Servelec plunged a third as it warned operating profits would come in significantly lower than market views for full year 2016, and below that for 2015. The company said it had taken swift remedial action, reallocating resources and reducing

Contract Delays Force 2016 Profit Warning From Servelec

Servelec Chooses Andrew Mills To Head Up Division's Oil & Gas Unit

DIRECTOR DEALINGS: Servelec Group Non-Executive Sells Shares

Servelec Secures Patent For Device Access Control Method

Servelec buys Tribal's children's services business

(ShareCast News) - Servelec Group has acquired Tribal Group's Synergy children's services management information system business for of £20.25m cash, which it is part-funding with a new bank facility. Using the proceeds to reduce net debt, Tribal, which issued two profit warnings late last year, sai

Servelec Buys Tribal Group Unit, Wins Contracts And Increases Profit

Tuesday broker round-up

(ShareCast News) - Mattioli Woods: Canaccord upgrades to buy,640p target and N+1 Singer upgrades to buy with a target of 630p. Connect Group: Shore Capital upgrades to buy. Servelec: invetec reiterates buy with a target of 400p and N+1 Singer keeps at buy, 360p target. Acacia Mining: JP Morgan sta