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(Sharecast News) - Building products manufacturer Tyman said on Thursday that full-year adjusted operating profits would be in line with market expectations, despite experiencing "continued challenging market conditions" year-to-date.
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(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.
Read more(Alliance News) - Stock prices in London were lower at midday on Wednesday, following a busy morning of earnings, as well as a key interest rate decision from the US this evening.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Sharecast News) - Berenberg upgraded Tyman on Wednesday to 'buy' from 'hold' and hiked the price target to 360p from 250p after the company's first-half results a day earlier.
Read more(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve.
Read more(Alliance News) - Stock prices in London were largely higher at midday on Tuesday, with stimulus talks in China helping lift the mood, as attention turns to the US Federal Reserve which begins its two-day monetary policy meeting later.
Read more(Alliance News) - Tyman PLC on Tuesday reported a fall in its half year revenue and pretax profit, reflecting the challenging market conditions.
Read more(Sharecast News) - Windows and doors components maker Tyman on Tuesday said it expected full-year adjusted operating profit at top end of market expectations despite a fall in interim profits driven by a "significant" reduction in volumes.
Read more| Wednesday 19 July | |
| Antofagasta PLC | Trading Statement |
| BHP Group Ltd | Trading Statement |
| Hargreaves Lansdown PLC | Trading Statement |
| Severn Trent PLC | Trading Statement |
| Redcentric PLC | Full Year Results |
| Thursday 20 July | |
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| Tuesday 25 July | |
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Tyman PLC - London-based supplier of engineered fenestration components and access solutions to the construction industry - Signs agreement to acquire 100% of North Carolina-based window hardware supplier Barry G Lawrence Inc, which trades as Lawrence Industries. Purchase to be made for USD57.0 million initial consideration on a debt and cash free basis. Further contingent consideration of up to USD12.5 million to be paid based on stretching growth targets, for financial results for the two years up to and including December 31, 2024. Tyman will fund the purchase through existing debt facilities; financial leverage is expected to remain within its target range of 1.0 to 1.5x adjusted Ebitda by the end of this year.
Read more(Sharecast News) - Tyman said on Wednesday that it has agreed to buy US-based Lawrence, a designer, manufacturer and retailer of high-performance composite hardware for sliding and hung windows, for up to $69.5m.
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