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Domino Printing Finance Director sells as company cautions on regional difficulties

Wed, 18th Sep 2013 16:17

The Group Finance Director of Domino Printing sold 72,763 pounds-worth of shares on Tuesday, the same day the company warned investors that market conditions continued to be 'difficult' in many regions. Andrew Herbert, who joined the company in 1986, disposed of a total of 11,160 shares at 652p a time, reducing his stake to 45,474 shares. On Tuesday the group said that in some areas, such as India, it had seen signs of possible deterioration, with conditions worsening in the past quarter amid signs some customers were reducing their capital spend. Sales made in India represent approximately 6% of group turnover.For the 10 months to the end of August, conditions in Europe restricted revenue growth to low single digits, while in North America the market was more resilient and revenues climbed by more than 10%. Asia delivered "good progress" in many markets, with growth reported in China. The group warned: "Translation effects resulting from the recent significant weakening in the value of the Indian rupee compared to sterling will marginally impact our reported results this year, but there will be a greater impact next year if the present exchange rate position continues." Across the group sales rose 7% on a like-for-like basis, with growth in the core business up 5%, equipment revenues up 6%, fluids and other consumables up 7%, and spares and services revenues climbed 8%. Domino continued: "There is little evidence that more positive economic news reported recently is yet having an impact on the confidence of our customers or their investment plans [...] We therefore remain cautious about market conditions in general, but remain confident that current growth levels will be maintained for the year as a whole." Top Director BuysCLS Holdings (CLI) Director name: Mr Sten MortstedtAmount purchased: 13,000 @ 1,160.00p Value: £150,800Volga Gas (VGAS) Director name: Mr Steven OgdenAmount purchased: 100,000 @ 85.00p Value: £85,000Betfair Group (BET) Director name: Ms Zillah Byng-MaddickAmount purchased: 2,500 @ 1,052.00p Value: £26,300ServicePower Technologies (SVR) Director name: Mr Lindsay C N BuryAmount purchased: 600,000 @ 3.88p Value: £23,280ServicePower Technologies (SVR) Director name: Mr Lindsay C N BuryAmount purchased: 400,000 @ 4.40p Value: £17,600Enteq Upstream (NTQ) Director name: Mr Robin H. PinchbeckAmount purchased: 30,000 @ 58.40p Value: £17,520Top Director SellsCML Microsystems (CML) Director name: Mr Nigel G ClarkAmount sold: 58,139 @ 525.00p Value: £305,230Allocate Software (ALL) Director name: Mr Ian LangAmount sold: 280,000 @ 101.00p Value: £282,800Volga Gas (VGAS) Director name: Mr Vladimir KoshcheevAmount sold: 100,000 @ 85.00p Value: £85,000Domino Printing Sciences (DNO) Director name: Mr Andrew HerbertAmount sold: 11,160 @ 652.00p Value: £72,763
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20 May 2019 11:09

Lower prices put dent in higher production numbers for Volga Gas

(Sharecast News) - Oil and gas exploration and production company Volga Gas updated the market on its activities and operations on Monday, reporting that between 1 January and 30 April, group production averaged 5,859 barrels of oil equivalent per day.

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3 May 2019 10:21

Volga Gas Output Drops In April On Plant Maintenance, Reduced Capacity

LONDON (Alliance News) - Volga Gas PLC on Friday said its average daily production from Russian assets was lower in April compared to the prior month.The exploration and production company

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23 Apr 2019 16:08

Volga Gas Trades In Line With Forecasts, Shares Jump Sharply

LONDON (Alliance News) - Volga Gas PLC on Tuesday noted the recent movement in its share price and confirmed that it continues to trade in line with market expectations.Volga Gas shares up

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8 Apr 2019 10:26

Volga Gas' profits leap after sales volumes improve

(Sharecast News) - Volga Gas' shares climbed after the company said the construction of a new unit and higher annual sales volumes drove revenues and profits higher.

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8 Apr 2019 10:07

Volga Gas 2018 Profit Leaps Ahead Of Forecasts As Gas Production Rises

LONDON (Alliance News) - Volga Gas PLC on Monday reported a significant increase in profit in 2018, boosted by improved production and lower field operation expenses.The stock was trading a

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4 Mar 2019 12:15

Volga Gas Production Improves In February As Adds Dobrinskoye Well

LONDON (Alliance News) - Volga Gas PLC on Monday said its average daily production from Russian assets was higher in February compared to the prior month.The exploration and production said

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18 Feb 2019 18:15

Volga Gas To Appoint New Non-Exec Director After Michael Calvey Arrest

LONDON (Alliance News) - Volga Gas PLC on Monday said four employees of Baring Vostok have been arrested and detained at the order of a Moscow district court.The oil & gas exploration a

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5 Feb 2019 10:33

Volga Gas Expects 2019 Output Up 15% Despite Flat January Production

LONDON (Alliance News) - Volga Gas PLC on Tuesday said its average daily production from Russian assets was flat in January on the prior month.The company said average production of gas, in

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8 Jan 2019 14:18

Production volumes fall for Volga Gas in December

(Sharecast News) - Russia-focussed oil and gas exploration and production group Volga Gas announced its average production volumes for December, and for the full 2018 year on Tuesday, reporting that in December, average gas processing capacity utilisation decreased by 4% compared to November.

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8 Jan 2019 09:56

Volga Gas December Production Falls On Weather Disruptions

LONDON (Alliance News) - Volga Gas PLC on Tuesday said its average daily production from Russian assets decreased in December.The exploration company said the average production of gas, oil

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4 Dec 2018 13:36

Volga Gas Reports Decline In Average Daily Production In November

LONDON (Alliance News) - Volga Gas PLC on Monday said its average daily production decreased slightly in November.The exploration company said the average production of gas, oil and in down

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6 Nov 2018 10:03

Volga Gas October Production Rises Due To Completed Maintenance

LONDON (Alliance News) - Volga Gas on Tuesday said its average daily production rose substantially in October, following a Gazprom pipeline maintenance programme that restricted output in oil and

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5 Oct 2018 08:14

Volga Gas Production Falls In September On Pipeline Maintenance

LONDON (Alliance News) - Volga Gas PLC on Friday said its average daily production decreased in September after it resumed pipeline maintenance programme.The exploration company said the of

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28 Sep 2018 13:28

Volga Gas Sees Half-Year Profit Rise On Court Judgement Proceeds

LONDON (Alliance News) - Russia-focused exploration company Volga Gas PLC on Friday said its profit rose in the first half of the year due to court judgement proceeds.The oil& gas a for

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6 Sep 2018 12:07

Volga Gas Production Rises Significantly In August After July Downtime

LONDON (Alliance News) - Oil & gas exploration and production company Volga Gas PLC on Thursday said total production increased from July to August after its July production had suffered the a

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