Sorbic International Share News (SORB)

Sorbic International Says Trading In Line With Market Expectations

LONDON (Alliance News) - Sorbic International PLC Friday said its financial year has started well and it is trading in line with market expectations. The Chinese sorbates producer said it will give more details February 25 when it holds its annual general meeting. Sorbates are a food

UK MORNING BRIEFING: BT Earnings Give London Shares Positive Open

LONDON (Alliance News) - A strong earnings report from BT Group has helped lift UK shares at the open Friday. The FTSE 100 telecom stock is up 3.7% at 384.60 pence.

Brokers are providing their take on Thursday's corporate news makers, with Goldman Sach cutting Read more

Sorbic sees gross margins rise as company refocuses

Sorbic International, China's third largest sorbates producer saw full-year revenues fall by 13 per cent in the first half of the year, to reach 14.6m pounds, as the firm moved to refocus on its higher margin clients. Sorbic acid and potassium sorbate are natural food preservatives. They are used

UK WINNERS & LOSERS: Centamin Jumps, Nyota Tumbles After Partial Sell-Off

Sorbic Expects Full-Year Results To Exceed Market Expectations

Sorbic Expects Full-Year Results To Exceed Market Expectations

Sector movers: Old Mutual boosts life insurers after Nordic sale

Life insurance stocks were on the rise on Thursday afternoon, helped by FTSE 100 savings, investment and insurance group Old Mutual. Shares in Old Mutual roared higher on Thursday after announcing that it is to sell its Nordic business Skandia AB for £2.1bn in an effort to "reduce complexity" and p

Sorbic sales team set to put the pedal to the metal

Shares in Sorbic International got a boost after the preservatives producer said it is ready to chase market share in 2012 when its new facility in Inner Mongolia will double production capacity. The company saw a 21% rise in revenues for the year ended 30 September and assured investors that it

Small caps round-up: Empyrean Energy, Enegi Oil, Synchronica

Shares in Empyrean Energy fell back after the oil firm reported much wider losses for the six months to 30 September amid a busy period focused on three projects in Texas. Pre-tax losses ballooned to £5m from £518,000 in the same period the previous year. Shares in Enegi Oil also fell back, even as

Sorbic International 1H Pretax Profit Lower On Power Outages

LONDON (Dow Jones)--International PLC (SORB.LN), a sorbates producer in China said Thursday that for the six months period ended March 31, it made a pretax profit of GBP0.3 million on revenue of GBP5.4 million. MAIN FACTS: -Revenue for the period was GBP5.4 million (2009: GBP8.5 million). Th

Small Caps round-up: Digital Barriers, Northbridge Industrial, Nanoco..........

AIM shell company Digital Barriers has made its first acquisition since joining AIM three weeks ago. The shell will pay up to £2.5m for Security Applications Ltd, which supplies thermal imaging equipment for perimeter surveillance. This is the first step in Digital Barriers' strategy to provide pr

Small cap round -up: Immunodiagnostics, MDM, Pilat...

Booming demand for its Vitamin D testing kits nearly trebled Immunodiagnostic's interim profits with the group reporting equally strong trading into the second half of the year. Revenue rose by up 56% to £16.9m (2008: £10.8m) with pre-tax profit up 188% to £4.6m (2008: £1.6m). "Traditionally the re