Last checked at 24 Apr 2024 20:10
TRADING UPDATES: Pennant trading in line; Coro requests suspension
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Srt Marine Sys. Share News (SRT)
SRT Share
Price
SRT Share
News
SRT Share
Chat
SRT Share
Trades8
SRT
Live RNS
SRT Share
Charts
SRT Level 2
Console
SRT Live
Share Price
SRT Broker
Ratings
SRT Directors
Deals
SRT Financial
Diary
SRT
Fundamentals
SRT Short
Positions
SRT
Media
Srt Marine Sys. Information
Share Price Information for Srt Marine Sys. (SRT)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
23.00
Bid:
22.00
Ask:
24.00
Change:
0.00 (0.00%)
Spread:
2.00 (9.091%)
Open:
23.00
High:
23.00
Low:
23.00
Prev. Close:
23.00
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Software Radio Technology posts rise in annual profits
Tue, 04th Jun 2013 09:30
Software Radio Technology's (SRT) annual profits soared as revenues rose on the back of demand for automatic identification systems (AIS) in the maritime market. The developer and provider of maritime identification and tracking technologies posted a pre-tax profit of £1.2m for the year ended March 31st, up from £0.2m the previous year.Revenue rose to £10m from £6.2m, boosted by strong performance in Mexico, Russia and European Union fisheries."These markets are driven by regulatory fit requirements and are in their early stages with further substantial demand expected in the future," said Chairman Simon Rogers."As is the nature of these markets, order inflow was lumpy across the year and remains difficult to predict accurately. However, we also saw a steady increase in our core business where customer orders are driven by general non-mandated demand and I am pleased to report that this is considerably easier to forecast."Gross margin was at 46%, below the long-term target of 50% and last year's 51%, due to higher than expected weighting of lower margin products and exceptional costs related to early production runs of new products.The group, however, expects its investments over the past three years will result in long term margin across all products.During the year, the company kept tight rein on costs despite substantial development and customer support activities.As year end, the company was debt free with cash of £1.5m.Simon Tucker, Chief Executive of SRT, said: "The global market for AIS has made substantial progress this year with many pending projects entering their implementation phase and many more new projects materialising. "In parallel we have continued to execute our strategy to be the global source provider of AIS technologies and products through building our customer network to over 110 customers and broadening and improving our product range. SRT is in pole position to reap the rewards from the global AIS opportunity."Shares fell 7.50% to 27.75p at 09:59 Tuesday.RD
More News
8 Mar 2024 10:58
SRT Marine keeps revenue outlook stable amid wait for new contracts
(Alliance News) - SRT Marine Systems PLC on Friday said it has recently seen "significant progress" on business development but remains a "passive" observer of government decision-making for key new contracts.
Read more8 Mar 2024 09:54
SRT Marine pushes out year-end as it bids for new system contracts
(Sharecast News) - Maritime surveillance and navigation technology specialist SRT Marine Systems announced a change to its financial reporting dates on Friday, in a bid to safeguard its ability to bid for pending new system contracts.
Read more8 Jan 2024 16:15
UK shareholder meetings calendar
| Tuesday 9 January | |
| Agriterra Ltd | AGM |
| DX Group PLC | GM re acquisition by HIG Capital funds |
| GENinCode PLC | GM re fundraise |
| Leeds Group PLC | GM re sale of subsidiary Hemmers-Itex |
| Smart Metering Systems PLC | GM re acquisition by KKR funds |
| Wednesday 10 January | |
| Hummingbird Resources PLC | GM re share placement |
| Ironveld PLC | AGM |
| Reabold Resources PLC | GM re appointment of new directors |
| Safestyle UK PLC | EGM re approve winding up of company |
| Scirocco Energy PLC | GM re proposed disposal of interests in Energy Acquisitions Group Ltd |
| Versarien PLC | GM re capital reorganisation |
| Thursday 11 January | |
| Pennpetro Energy PLC | AGM |
| R&Q Insurance Holdings Ltd | GM re sale of Accredited to Onex Corp |
| Ten Entertainment Group PLC | GM re takeover by Trive funds |
| Friday 12 January | |
| Ashington Innovation PLC | AGM |
| Dukemount Capital PLC | AGM |
| Monday 15 January | |
| 88 Energy Ltd | GM re fundraising |
| Mondi PLC | GM re special dividend |
| SRT Marine Systems PLC | GM re fundraising |
| Strip Tinning Holdings PLC | GM re fundraising |
| Copyright 2024 Alliance News Ltd. All Rights Reserved. |
28 Dec 2023 13:33
SRT Marine Systems raises further GBP500,000 through retail offer
(Alliance News) - SRT Marine Systems PLC on Thursday said it has raised GBP500,000 through a retail offer of 1.4 million shares.
Read more21 Dec 2023 15:29
21 Dec 2023 15:24
SRT Marine Systems raises funds to boost surveillance systems business
(Alliance News) - SRT Marine Systems PLC on Thursday said it raised funds as it announced a further fundraise.
Read more20 Nov 2023 14:17
EARNINGS AND TRADING: Active Energy notes Ashland delay; MTI profit up
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more20 Nov 2023 12:27
SRT Marine Systems receives £160m in orders for H2
(Sharecast News) - Maritime tech outfit SRT Marine Systems said on Monday that it has received £160.0m worth of orders during the second half of the trading year.
Read more13 Nov 2023 15:46
UK earnings, trading statements calendar - next 7 days
| Tuesday 14 November | |
| ActiveOps PLC | Half Year Results |
| Babcock International Group PLC | Half Year Results |
| Bank of Georgia Group PLC | Q3 Results |
| Castings PLC | Half Year Results |
| ConvaTec Group PLC | Trading Statement |
| DCC PLC | Half Year Results |
| Forterra PLC | Half Year Results |
| Gear4Music PLC | Half Year Results |
| Genel Energy PLC | Trading Statement |
| Grafton Group PLC | Trading Statement |
| Hill & Smith PLC | Trading Statement |
| HydrogenOne Capital Growth PLC | Q3 Results |
| Imperial Brands PLC | Full Year Results |
| Informa PLC | Trading Statement |
| Land Securities Group PLC | Half Year Results |
| Oxford Instruments PLC | Half Year Results |
| Picton Property Income Ltd | Half Year Results |
| Renalytix PLC | Q1 Results |
| Revolution Beauty Group PLC | Half Year Results |
| Vesuvius PLC | Trading Statement |
| Vodafone Group PLC | Half Year Results |
| Wise PLC | Half Year Results |
| Wednesday 15 November | |
| Diversified Energy Co PLC | Trading Statement |
| Experian PLC | Half Year Results |
| Fuller, Smith & Turner PLC | Half Year Results |
| Genuit Group PLC | Trading Statement |
| Intermediate Capital Group PLC | Half Year Results |
| Ninety One PLC and Ltd | Half Year Results |
| Renold PLC | Half Year Results |
| SSE PLC | Half Year Results |
| Synthomer PLC | Trading Statement |
| Tracsis PLC | Full Year Results |
| Tullow Oil PLC | Trading Statement |
| Warehouse REIT PLC | Half Year Results |
| Thursday 16 November | |
| Assura PLC | Half Year Results |
| Atalaya Mining PLC | Q3 Results |
| Aviva PLC | Trading Statement |
| Burberry Group PLC | Half Year Results |
| Close Brothers Group PLC | Trading Statement |
| CMC Markets PLC | Half Year Results |
| Crest Nicholson Holdings PLC | Trading Statement |
| Halma PLC | Half Year Results |
| Great Portland Estates PLC | Half Year Results |
| Kier Group PLC | Trading Statement |
| International Distributions Services PLC | Half Year Results |
| Investec PLC and Ltd | Half Year Results |
| Liontrust Asset Management PLC | Half Year Results |
| Manolete Partners PLC | Half Year Results |
| Melrose Industries PLC | Trading Statement |
| Norcros PLC | Half Year Results |
| Premier Foods PLC | Half Year Results |
| Qinetiq Group PLC | Half Year Results |
| Spirax-Sarco Engineering PLC | Trading Statement |
| Syncona Ltd | Half Year Results |
| Tatton Asset Management PLC | Half Year Results |
| Tyman PLC | Trading Statement |
| United Utlities Group PLC | Half Year Results |
| Young & Co's Brewery PLC | Half Year Results |
| Friday 17 November | |
| Record PLC | Half Year Results |
| Monday 20 November | |
| Big Yellow Group PLC | Half Year Results |
| Compass Group PLC | Full Year Results |
| Diploma PLC | Full Year Results |
| Polar Capital Holdings PLC | Half Year Results |
| Seraphim Space Investment Trust PLC | Q1 Results |
| Sirius Real Estate Ltd | Half Year Results |
| SRT Marine Systems PLC | Half Year Results |
| Copyright 2023 Alliance News Ltd. All Rights Reserved. | |
6 Oct 2023 10:12
SRT Marine warns of interim loss
(Sharecast News) - Maritime surveillance systems provider SRT Marine warned on Friday that it was set to report an interim loss due to revenues being "heavily" weighted to the second half.
Read more6 Oct 2023 09:30
SRT Marine Systems expects swing to half-year loss as waits for growth
(Alliance News) - SRT Marine Systems PLC on Friday said revenue for the current financial year 2024 ending March 31 will be "heavily" second-half weighted, as it eyes a swing to a half-year loss.
Read more27 Jul 2023 14:19
EARNINGS UPDATES: Amigo revenue collapses, SRT Marine surges
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more5 Jul 2023 13:39
IN BRIEF: SRT Marine inks USD260,000 order with Japanese customer
SRT Marine Systems PLC - Somerset, England-based provider of maritime domain awareness systems and technologies for surveillance, security, safety and environmental protection - Receives a "strategically notable order" worth USD260,000 for its Digital Aids to Navigation System products. The order is from an unnamed Japanese customer and will be deployed to enhance navigation safety. "DAS products are digital transceivers which transmit information to vessels and navigation authorities in real time and are predominantly used to enhance navigation safety and efficiency," SRT says.
Read more26 Jun 2023 20:05
TRADING UPDATES: WANDisco in extra cost savings; SRT raises GBP750,000
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News:
Read more