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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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26 Jun 2014 16:06

AstraZeneca CFO adds £868,000-worth of shares

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26 Jun 2014 12:37

UPDATE: 600 Group Targets Laser Marking Acquisitions As Profit Rises

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26 Jun 2014 09:35

DIRECTOR DEALINGS: 600 Group Directors Awarded Shares

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600 Group Sees Full-Year Profit Rise On Strong Laser Performance

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7 Apr 2014 16:25

DIRECTOR DEALINGS: 600 Group Director Buys Shares

LONDON (Alliance News) - 600 Group PLC Monday said non-executive Director Derek Zissman bought 150,00 shares at a price of 17.5 pence per share. Following this transaction Zissman now holds 300,00 shares, which represents less than a 1% stake in the firm. The stock closed at 16.96 pen

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2 Apr 2014 10:02

600 Group To Meet Forecasts On Strong Second Half

LONDON (Alliance News) - 600 Group PLC Wednesday said it expects to meet its forecasts for the year ended March 29, 2014, as revenues in its second-half had been ahead of the first half, boosted by the launch of new products at its Electrox Laser business. The machine tools and laser markin

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UK MORNING BRIEFING: FirstGroup In Line; Go-Ahead Tipped By Goldman

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12 Feb 2014 13:19

600 Group sinks on termination of asset sale talks

600 Group sank after the diversified engineering group revealed talks over the potential sale of certain assets were terminated. The group said that despite extensive discussions over recent weeks, the potential buyer Qingdao D&D Investment Group had "failed to make progress on certain matters by

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12 Feb 2014 12:19

600 Group Terminates Asset Sales Talks With Qingdao D&D Investment

LONDON (Alliance News) - Diversified engineering company 600 Group PLC said Wednesday that it had terminated discussions over potentially selling selected assets to Qingdao D&D Investment Group Co. Ltd. 600 said that D&D had failed to "make progress on certain matters by agreed and continua

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21 Jan 2014 16:13

DIRECTOR DEALINGS: 600 Group CEO And Wife In Share Dealings

LONDON (Alliance News) - The 600 Group PLC Tuesday said Chief Executive Officer Nigel Rogers bought 624,728 shares at a price of 16.75 pence per share through his self-invested pension plan and 107,500 shares through his ISA. The company also said Rogers' wife sold 839,728 shares at the sam

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