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Pin to quick picksTransense Share News (TRT)

Share Price Information for Transense (TRT)

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Share Price: 94.50
Bid: 92.00
Ask: 97.00
Change: -0.50 (-0.53%)
Spread: 5.00 (5.435%)
Open: 95.00
High: 95.00
Low: 94.50
Prev. Close: 95.00
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Transense Technologies warns on full-year revenue

Fri, 13th Jun 2014 13:25

Transense Technologies on Friday warned that its turnover for the year ending June 30th will be lower than previously estimated, generating an overall loss.The firm, which develops non-contact battery-less sensors, explained that the length of its sales cycle has proven greater than expected, but that all of the sales prospects remain active and as such it expects to continue to achieve substantial increases in turnover year-on-year.The group, which had expected to breakeven for the year, said the total loss should be around half that reported for the previous year, which came in at £2.38m."However, given the encouraging trends in the business including the strong top line growth, robust gross margins in line with expectations and better-than-expected overheads, the loss [before interest, tax, depreciation and amortisation] for this financial year will be less than half that sustained in the previous year," a statement from the group read. Looking further ahead, the group believes it will benefit over the longer term from higher levels of repeat orders of replacement items such as its tyre probes, but said larger individual contracts "may still continue to cause some volatility in reported results".It added that at £3.2m its cash position is strong and said it has "sufficient capital required to pursue the business plan and deliver significant growth in the years ahead".Shares had declined 17.63% to 6.07p by 12:51.NR
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23 Sep 2014 13:21

DIRECTOR DEALINGS: Transense Technologies Deputy Chairman Sells Shares

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17 Sep 2014 09:29

Transense Technologies Says 2015 Outlook "Encouraging" As Loss Narrows

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13 Jun 2014 11:29

UK MIDDAY BRIEFING: Property Companies Get Indigestion

LONDON (Alliance News) - UK residential and commercial property companies are among the biggest fallers in a declining market Friday, after Bank of England Governor Mark Carney said the interest rates in the UK could rise sooner than investors expect and Chancellor of the Exchequer George Osbo

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13 Jun 2014 10:35

UK WINNERS & LOSERS: Oil And Gas Stocks Rise Alongside Iraq Tensions

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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Tullow Oil, up 1.9%, Royal Dutch Shell, up 0.5% BG Gr

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13 Jun 2014 07:34

UK MORNING BRIEFING: Iraq Worries Weigh; Petra Finds Blue Diamond

LONDON (Alliance News) - The deteriorating situation in Iraq has depressed shares early Friday, as the UK market also contemplates a sooner-than-expected rise in interest rates by the Bank of England.

SSE, Tullow Oil and BG Group le

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13 Jun 2014 06:53

Transense Technologies Warns It Now Expects To Make Ebitda Loss

LONDON (Alliance News) - Transense Technologies PLC Friday said it now expects to post a loss before interest, tax, depreciation and amortisation for its current financial year, albeit a narrower loss than last year, after it experienced delays in getting some new orders. In a statement, th

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25 Feb 2014 14:08

DIRECTOR DEALINGS: Transense Non-Executive Deputy Chairman Transfers Shares

LONDON (Alliance News) - Transense Technologies PLC Tuesday said non-executive deputy Chairman David Kleeman transferred a total of 794,444 shares to his children and grandchildren at no cost Monday, therefore his total shareholding remains unchanged at 4.5 million shares, equating to 1.6% of the

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4 Feb 2014 14:17

Transense Technologies swings to maiden EBITDA profit in H1

The share price of AIM-listed Transense Technologies surged on Tuesday after the company revealed that it swung to a maiden underlying operating profit in the first half as revenues more than doubled. Chairman David Ford labelled it as a "significant watershed moment" for the firm. The Oxfordshire

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4 Feb 2014 13:43

UPDATE: Transense Narrows Pretax Loss As Revenue More Than Doubles

LONDON (Alliance News) - Transense Technology said Tuesday it narrowed its pretax loss as it saw revenue more than double in the half-year ended December 31. The technology company, which produces sensor systems, posted its maiden earnings before interest, tax, depreciation and amortisation

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