Sondrel Plc Share News (SND)

Sanderson trading in line for full-year

Software and IT services business Sanderson Group said results for its full financial year are in line with market expectations but cautioned that the economic outlook still appears quite fragile. The group, which operates in e-commerce and online sales markets, said revenues are expected to be app

Sanderson Group Bullish As Revenues, Margins Rise

Retail software firm Sanderson buys One Iota

Software and IT services business Sanderson Group bought UK e-commerce technology group One Iota for 5.43m pounds as it unveiled a 3.5m pound fund-raising. Lancashire-based One Iota provides cloud-based, multi-channel services via mobile, tablet and in-store devices to retailers such as Littlewoods

Sanderson Group Bolsters Mobile Operations With One Iota Buy

Sanderson Group acquires Catan Marketing

Software and IT services business Sanderson Group has completed the acquisition of Catan Marketing for 644,600 pounds. Catan, which provides e-commerce solutions to more than 30 multi-channel retailers under the trading name of Priam, achieved a profit before tax of £27,000 in 2012, down from £69,0

Software firm Sanderson buys Catan Marketing

Retail software and IT services firm Sanderson Group said it has bought Catan Marketing for up to 644,660 pounds as it signalled signs of an improving economy. Sanderson, which specialises in retail and manufacturing markets in the UK and Ireland, said Catan - which provides e-commerce services und

Tuesday broker round-up UPDATE

Aberdeeen Asset Management: Morgan Stanley raises target price from 478p to 548p retaining an overweight rating. Bank of America ups target price from 455p to 475p and leaves its neutral rating unchanged. JP Morgan increases target price from 532p to 573p and maintains an overweight rating. Citigrou

Tuesday broker round-up UPDATE

Aberdeen Asset Management: Citigroup raises target price from 320p to 345p and downgrades to neutral. JP Morgan raises target price from 330p to 414p, overweight rating unchanged. Credit Suisse moves target price from 323p to 380p, outperform rating kept. Exane BNP Paribas raises target price from 3

Sanderson's full year results to beat expectations

Sanderson Group, a software and IT services business, failed to please investors on Tuesday, despite revealing that its trading results for the year ended September 30th 2012 were slightly ahead of market forecasts. The firm also said that its cash balance at that date had improved to £4.0m. The

Sanderson's trading to beat full year expectations

Sanderson Group, a software and IT services business reported an increase in its overall order intake, meaning its trading performance will now be slightly ahead of the board's expectations for the year ending September 30th. Up to the end of August, cumulative orders were nearly 10% ahead of the c

Carclo CEO cuts stake by a third

Ian Williamson, the Chief Executive of Carclo, a plastics business, has offloaded 230,000 shares, around a third of his total stake in the company. Williamson, who is set to retire after 18 years in the role, will pocket just short of a cool million from the transaction, which saw him sell the sha

Orders booming at Sanderson

Software and information technology services group Sanderson saw a sharp increase in order intake in the first half of its financial year. Overall order intake was up by more than 10% in the six months to March 31st compared to the corresponding period a year ealier, whle at the end of March the or

Land Securities director buys first round of shares

Stacey Rauch, a non-executive director of FTSE 100 property firm Land Securities, has purchased £40,950-worth of shares in the company. Rauch, 53, only joined the board at the start of this month, and the transaction marks her first take up of shares in the firm. The purchase was made on January

Sanderson offloads high street retail business

IT services firm Sanderson Group said it had sold its electronic point of sale business for £11.5m. Sanderson said the deal struck with Torex Retail Holdings would enable the group to repay its bank debt and leave a positive cash balance of around £4m. The remaining cash will be used to invest in

Order book strengthens Sanderson outlook

Software and IT services firm Sanderson said while it remains cautious in its outlook, the strong order book and improved competitive market position provide gives it confidence for the year ahead. Pre-tax profit increased to £749,000 for the year ended 30 September 2011 from £506,000 the year befo