Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSrt Marine Sys. Share News (SRT)

Share Price Information for Srt Marine Sys. (SRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 29.60
Bid: 29.00
Ask: 30.50
Change: 0.00 (0.00%)
Spread: 1.50 (5.172%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 29.60
SRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SRT Marine Systems Narrows Interim Loss On Foreign Exchange Movements

Tue, 20th Nov 2018 12:47

LONDON (Alliance News) - SRT Marine Systems PLC on Tuesday reported a narrowed interim loss on higher revenue and lower administrative expenses.

For the six months to September 30, the maritime surveillance firm narrowed its pretax loss to GBP1.3 million from GBP3.3 million the year before.

SRT said the narrowed loss is the result of positive foreign exchange movements on dollar-based receivables, which reduced costs for the company. The firm's administrative expenses decreased 19% to GBP2.4 million from GBP3.1 million.

SRT's revenue increased 10% to GBP3.2 million from GBP2.9 million. The company said the increase came from its transceiver business.

"Our transceivers business is well positioned to continue its long-term growth path through the combination of better products and distribution, coupled with increasing adoption in the huge EU and USA commercial and leisure markets," said Kevin Finn, chairman.

SRT said it has a pipeline of "major" opportunities, "some" of which are in the final stages of closure.

"I therefore expect the second half to see significant systems deliverables from multiple contracts and associated revenues as well as a solid contribution from our transceivers business."

Shares in SRT Marine Systems were untraded Tuesday but last closed at 27.75 pence each.

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 more
8 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 more
8 Jan 2024 16:15

UK shareholder meetings calendar

Tuesday 9 January 
Agriterra LtdAGM
DX Group PLCGM re acquisition by HIG Capital funds
GENinCode PLCGM re fundraise
Leeds Group PLCGM re sale of subsidiary Hemmers-Itex
Smart Metering Systems PLCGM re acquisition by KKR funds
Wednesday 10 January 
Hummingbird Resources PLCGM re share placement
Ironveld PLCAGM
Reabold Resources PLCGM re appointment of new directors
Safestyle UK PLCEGM re approve winding up of company
Scirocco Energy PLCGM re proposed disposal of interests in Energy Acquisitions Group Ltd
Versarien PLCGM re capital reorganisation
Thursday 11 January 
Pennpetro Energy PLCAGM
R&Q Insurance Holdings LtdGM re sale of Accredited to Onex Corp
Ten Entertainment Group PLCGM re takeover by Trive funds
Friday 12 January 
Ashington Innovation PLCAGM
Dukemount Capital PLCAGM
Monday 15 January 
88 Energy LtdGM re fundraising
Mondi PLCGM re special dividend
SRT Marine Systems PLCGM re fundraising
Strip Tinning Holdings PLCGM re fundraising
  
Copyright 2024 Alliance News Ltd. All Rights Reserved. 

Read more
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 more
21 Dec 2023 15:29

CORRECT: SRT Marine Systems raises funds for surveillance systems

(Corrects share price.)

Read more
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 more
20 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 more
20 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 more
13 Nov 2023 15:46

UK earnings, trading statements calendar - next 7 days

Tuesday 14 November 
ActiveOps PLCHalf Year Results
Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
Castings PLCHalf Year Results
ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
Forterra PLCHalf Year Results
Gear4Music PLCHalf Year Results
Genel Energy PLCTrading Statement
Grafton Group PLCTrading Statement
Hill & Smith PLCTrading Statement
HydrogenOne Capital Growth PLCQ3 Results
Imperial Brands PLCFull Year Results
Informa PLCTrading Statement
Land Securities Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Revolution Beauty Group PLCHalf Year Results
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
Wednesday 15 November 
Diversified Energy Co PLCTrading Statement
Experian PLCHalf Year Results
Fuller, Smith & Turner PLCHalf Year Results
Genuit Group PLCTrading Statement
Intermediate Capital Group PLCHalf Year Results
Ninety One PLC and LtdHalf Year Results
Renold PLCHalf Year Results
SSE PLCHalf Year Results
Synthomer PLCTrading Statement
Tracsis PLCFull Year Results
Tullow Oil PLCTrading Statement
Warehouse REIT PLCHalf Year Results
Thursday 16 November 
Assura PLCHalf Year Results
Atalaya Mining PLCQ3 Results
Aviva PLCTrading Statement
Burberry Group PLCHalf Year Results
Close Brothers Group PLCTrading Statement
CMC Markets PLCHalf Year Results
Crest Nicholson Holdings PLCTrading Statement
Halma PLCHalf Year Results
Great Portland Estates PLCHalf Year Results
Kier Group PLCTrading Statement
International Distributions Services PLCHalf Year Results
Investec PLC and LtdHalf Year Results
Liontrust Asset Management PLCHalf Year Results
Manolete Partners PLCHalf Year Results
Melrose Industries PLCTrading Statement
Norcros PLCHalf Year Results
Premier Foods PLCHalf Year Results
Qinetiq Group PLCHalf Year Results
Spirax-Sarco Engineering PLCTrading Statement
Syncona LtdHalf Year Results
Tatton Asset Management PLCHalf Year Results
Tyman PLCTrading Statement
United Utlities Group PLCHalf Year Results
Young & Co's Brewery PLCHalf Year Results
Friday 17 November 
Record PLCHalf Year Results
Monday 20 November 
Big Yellow Group PLCHalf Year Results
Compass Group PLCFull Year Results
Diploma PLCFull Year Results
Polar Capital Holdings PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
Sirius Real Estate LtdHalf Year Results
SRT Marine Systems PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
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 more
6 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 more
27 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 more
5 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 more
26 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
23 Jun 2023 18:01

UPDATE: SRT Marine Systems raises GBP4.6 million via placing

(Alliance News) - SRT Marine Systems PLC on Friday said it raised gross proceeds of around GBP4.6 million from a placing of new shares.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.