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Small caps round-up: 600 Group, ILX, Renew...

Wed, 02nd Feb 2011 10:28

Engineering firm 600 Group says the improvement in its global markets has continued, with order intake since October 25% above the same period in 2009. The confirmed order book was 40% higher."The recovery of our machine tool and precision engineered component markets in North America has continued, with sales into the European market developing more slowly," it said.E-learning software and business training group ILX has won two "significant new orders" valued at around £100,000. The first is a contract extension with FTSE 250-listed business and technology service company Logica, and the second is also a renewed contract with information provider Thomson Reuters.Shares in engineering and construction services firm Renew rose 15% after it reached an agreement to acquire rail and energy engineer Amco for £19.8m, from a new £15m debt facility and existing cash resources."The acquisition of Amco allows Renew to increase and broaden the scale of its specialist engineering operations, as well as adding to the range of services we can provide to our customers," said chief executive Brian May. More than 50% of the group's revenue will now be derived from specialist engineering.Distribution group Wincanton says results for the year ending 31 March are expected to be in line with expectations, but highlights debt reduction as its priority going forward to address challenging market conditions. "Actions to preserve cash and to curtail losses in underperforming businesses have commenced," the group says.While its Container Logistics, Defence and Construction divisions have performed ahead of expectations, Wincanton notes that as a result of the opening of a new site in the year, the Foodservice business - as previously indicated - was loss making in the period.Jonathan Carroll, chief executive of UK and Canadian tour operator Travelzest, said he was "very delighted" as the company posted a rise in revenues for the year to 31 October.Revenues rose to £43.8m from £38.3m, though pre-tax losses ballooned to £9.9m from £42,000 on a goodwill impairment charge.
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1 Nov 2022 15:34

EXECUTIVE CHANGES: Former 600 CFO to return; Celadon hires new CFO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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30 Sep 2022 18:24

EARNINGS UPDATES: 600 Group swings to profit; Thor Mining narrows loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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21 Sep 2022 15:57

UK shareholder meetings calendar - next 7 days

Thursday 22 September 
Begbies Traynor Group PLCAGM
Ecofin Global Utilities & Infrastructure Trust PLCGM pre-emption rights
IG Design Group PLCAGM
Liontrust Asset Management PLCAGM
Oberon Investments Group PLCAGM
Odyssean Investment Trust PLCAGM
Rockwood Strategic PLCGM trading on the Premium Segment
Trakm8 Holdings PLCAGM
Worsley Investors LtdAGM
Friday 23 September 
Accsys Technologies PLCAGM
Biffa PLCAGM
Bradda Head Lithium LtdAGM
Fusion Antibodies PLCAGM
In The Style Group PLCAGM
Safestay PLCAGM
Wise PLCAGM
Monday 26 September 
Babcock International Group PLCAGM
Eastinco Mining & Exploration PLCAGM
Eckoh PLCAGM
ECO Animal Health Group PLCAGM
Great Eastern Energy Corp LtdAGM
Lamprell PLCEGM re delisting
Mediclinic International PLCCourt & GM re takeover by Remgro, SAS
RPS Group PLCGM cash offer agreement
Tuesday 27 September 
Bens Creek Group PLCAGM
Cohort PLCAGM
daVictus PLCAGM
Downing Four VCT PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
GRC International Group PLCAGM
Incanthera PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Redde Northgate PLCAGM
Smoove PLCAGM
Spectral MD Holdings LtdAGM
TP Group PLCGM re annual report
Yourgene Health PLCAGM
Wednesday 28 September 
600 Group PLCAGM
Aberdeen New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
AssetCo PLCGM re authority to repurchase shares
Baltic Classifieds Group PLCAGM
DWF Group PLCAGM
Enwell Energy PLCAGM
Intercede Group PLCAGM
Kainos Group PLCAGM
Kromek Group PLCAGM
NWF Group PLCAGM
Ormonde Mining PLCGM sale of La Zarza Landholding
Oxford Cannabinoid Technologies Holdings PLCAGM
Scholium Group PLCAGM
System1 Group PLCAGM
  
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11 Apr 2022 18:02

IN BRIEF: 600 Group shares lifted on Machine Tools sale completion

600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Completes USD21 million sale of its machine tools solutions division to Timesavers Acquisition, LLC, first announced earlier in the month. The division is comprised of 600 UK Ltd, Colchester GmbH, 600 Machinery Australia Pty Ltd and Clausing Industrial Inc.

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7 Mar 2022 15:24

The 600 Group sells machine tool divisions as it pivots to lasers

(Sharecast News) - Industrial engineering company, the 600 Group, announced a conditional sale and purchase agreement with Timesavers Acquisition on Monday, for the disposal of 600 UK, Colchester, 600 Machinery Australia and Clausing Industrial.

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7 Mar 2022 11:32

AIM WINNERS & LOSERS: Harvest gets approval; CareTech faces takeover

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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7 Mar 2022 10:53

600 Group jumps on proposed sale of machine tool division

(Alliance News) - 600 Group PLC entered a conditional sale and purchase agreement with Timesavers Acquisition LLC on Monday for the sale of its machine tools division.

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28 Feb 2022 14:58

EXECUTIVE CHANGES: Pressure Technologies recruits Scotia Gas chair

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:

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15 Nov 2021 14:48

TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

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12 Nov 2021 15:40

Second round of US Covid loans forgiven at 600 Group

(Sharecast News) - Diversified industrial engineering company the 600 Group announced on Friday that its three United States operations have all been granted forgiveness of their second round loans under the US Government Paycheck Protection Program (PPP), which in total amounted to $2.2m.

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12 Nov 2021 12:11

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

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12 Nov 2021 10:48

AIM WINNERS & LOSERS: Powerhouse in Linde deal; 600 Group orders rise

AIM WINNERS & LOSERS: Powerhouse in Linde deal; 600 Group orders rise

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2 Sep 2021 13:42

EXECUTIVE CHANGES: 600 Group rejigs board; Thor Mining chair resigns

EXECUTIVE CHANGES: 600 Group rejigs board; Thor Mining chair resigns

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2 Sep 2021 13:20

TRADING UPDATES: Sharp profit performance from Gem Diamonds, Headlam

TRADING UPDATES: Sharp profit performance from Gem Diamonds, Headlam

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20 Jul 2021 14:52

Order book growing again at the 600 Group

(Sharecast News) - Industrial engineering company the 600 Group updated the market on its full year of trading on Tuesday, reporting a 20% fall in revenue to $53.5m (£39.35m), which it put down to the impact of the Covid-19 pandemic.

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