Transense Share News (TRT)

Transense Technologies annual profit up; chooses buybacks over payouts

(Alliance News) - Transense Technologies PLC on Monday said it considered share buybacks as more tax efficient than dividends, as it reported a surge in annual profit.

UK earnings, trading statements calendar - next 7 days

Transense to meet market expectations; commercial momentum maintained

(Alliance News) - Transense Technologies PLC on Tuesday said its adjusted earnings before interest, tax, depreciation, and amortisation, and revenue rose in the year ended June 30, and are in line with market forecasts.

IN BRIEF: Transense extends GE Aerospace licence agreement

Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Agrees to extension to the field of use covered by GE Aerospace's licence for its surface acoustic wave torque sensor technology. Original licence was granted in 2016. Extension allows GE to use the technology solely for research and development, testing, evaluation, certification, and qualification purposes under the CFM International Rise programme, announced in 2021. CFM International is a fifty-fifty joint venture between GE and French aircraft and rocket engine manufacturer Safran SA. CFM Rise aims to "mature next-generation propulsion technologies such as open fan architecture." Transense says technologies "matured" through CFM Rise "will serve as the foundation for the next generation CFM engine".

Transense Technologies begins sensor technology development project

(Alliance News) - Transense Technologies PLC on Wednesday said it secured a new development project with an unnamed tier one automotive electric propulsion systems business.

IN BRIEF: Transense Technologies COO Nick Hopkins resigns immediately

Transense Technologies PLC - Bicester, Oxfordshire-based developer of specialist sensor systems for vehicles - Says Chief Operating Officer Nick Hopkins will step down as a director immediately, and will leave the firm on April 30 after a period of garden leave. Hopkins joined in April in 2020 and oversaw the transition of the Surface Acoustic Wave from a science-led technology developer into a commercially driven business unit. Executive Chair Nigel Rogers says: "I would like to thank Nick for his commitment and professionalism in placing our SAW business segment on a great platform for future success and wish him well for the future."

Transense Technologies shares fall as interim profit trebles

(Alliance News) - Transense Technologies PLC on Wednesday reported a jump in half-year profit as revenue trebled, outpacing an increase in operating and sales costs.

AIM WINNERS & LOSERS: Star Phoenix jumps on AIM readmission

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: XLMedia, Mobile Streams and Windar win deals

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

EARNINGS UPDATES: Transence Tech swings to profit; Curzon widens loss

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

Transense inks deal with Meggitt SA

(Sharecast News) - Sensor systems developer Transense Technologies announced the signing of a memorandum of understanding with Meggitt SA on Tuesday.

AIM WINNERS & LOSERS: Fevertree bubbles; Transense in Meggitt pact

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.