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Take not only if you wish to! http://brokermandaniel.com/2011/03/15/rock-solid-imagesoffshore-hydrocarbon-mapping-warningstay-well-away/

SP has been above the 300 mark of late. Who would bet against it getting back up there again in the very near future.

Commenting on the results, Harriet Green, Group Chief Executive, said: "We have delivered the highest level in Group sales and operating profit for the fourth quarter for more than 10 years, with year on year growth of 13.9% and 31.6%, respectively, despite the tougher comparators. Sequentially sales grew 2.0% over the prior quarter which is counter seasonal for our business. Our focus on driving market share gains and the strength of our proven global strategy underpins this acceleration in our quarterly sales performance. "This sales momentum from the fourth quarter has continued into the new financial year. The month of February saw the two highest day's sales ever recorded within our European business and for the Group sales grew 8.0% year on year. This level of growth is despite the weather disruption in the US that continued from January into February and after adjusting for the impact of the TPC Wire and Cable disposal. The extent of the disruption to the electronics supply chain caused by the recent environmental disasters in Japan is not yet fully understood. However, the Group's Japanese customer base and direct supply chain are very small, and it is clear that Premier Farnell's significant inventory and support to all its customers and suppliers will be invaluable at this time. "The strength of the Group's performance in financial year 2011 together with this positive start to the new year, underpins the Board's decision to raise the proposed final dividend per share by 15.4%. Through driving further market share gains and the continued execution of our strategy the Group is well positioned to deliver sales growth in the new financial year that is in excess of our targeted level of sales growth."

Strategic Highlights * In the fourth quarter our MDD active customer base grew 5.9% year on year. * eCommerce accounted for 51.1% of MDD sales in the fourth quarter, the first time over half of MDD sales have come via e-channels. Progress has continued in the new year, with eCommerce sales in Europe currently running at over 70%. * Emerging markets of Greater China, India and Eastern Europe delivered strong sales growth in the fourth quarter of 39.8%, 74.0% and 51.2%, respectively. * Full year EDE year on year sales growth of 38.3% has contributed to our EDE sales penetration level reaching 53.7% - which is within our target range of 50%-70%. * In the year we signed 43 supplier agreements, including new partnerships with three engineering services and software organisations, and added 72,500 new EDE products. * We have begun to build a holistic EDE ecosystem proposition as we partnered with our first specialist prototyping partner, Pentalogix, and made the initial launch of our new rapid prototyping service. * The element14 community saw close to half-a-million customers visit the site in the fourth quarter.

Financial Highlights * Sales momentum from the prior quarter has continued as we delivered our highest fourth quarter sales for more than 10 years. Group sales grew 13.9% year on year and 2.0% sequentially on the prior quarter, leading to full year sales growth of 21.4%. * Fourth quarter Group operating profit grew 31.6% year on year to reach the highest level for more than 10 years. Full year Group underlying operating profit grew 48.1%, led by MDD Americas where full year operating profit grew 129.9% year on year. * In the fourth quarter our MDD division had its strongest absolute sales per day performance for the year, as sales in Europe, North America and Asia Pacific grew 23.0%, 11.0% and 12.4%, respectively, year on year. * Gross margin in the fourth quarter improved again, up 1.5 percentage points year on year and 0.7 percentage points on the prior quarter to 41.8%. This is the ninth consecutive quarter of sequential improvement. * The Group's fourth quarter return on sales was 11.7%, up 1.2 percentage points year on year. * Our global MDD division delivered a fourth quarter return on sales of 13.1%, led by the improvement in MDD Americas as the division delivered a fourth quarter return on sales of 9.0%. * Group cash performance has remained strong, with full year underlying cash flow conversion at 91.7%. * The Board has recommended a final dividend of 6.0 pence per share, an increase of 15.4% on the prior year. This leads to a proposed full year dividend of 10.4 pence per share, a year on year increase of 10.6%.

http://www.investegate.co.uk/Article.aspx?id=20110317070000P05EE

Premier Farnell growth story continues Date: Thursday 17 Mar 2011 LONDON (ShareCast) - Profits were in line and sales a little higher at electronic and industrial components supplier Premier Farnell last year. Revenue in the year to 31 January 2011 rose 21.4% to £990.8m from £795.3m the year before. The market had been expecting a figure of around £982m. Underlying profit before tax rose by 70% to £93.3m, a shade below the market consensus of £93.5m, from £54.8m a year ago. Underlying earnings per share (EPS) rose in line with profits, from 10.7p to 18.3p, versus market expectations of EPS of 18.13p. Fourth quarter growth was below that seen in other quarters, however, as the company ran up against tougher year-earlier comparatives. Fourth quarter sales rose 13.9% to £242.5m from £207.5m the year before while underlying profit before tax climbed 38% to £23.7m from £17.2m in the final quarter of fiscal 2009/10. However, fourth quarter sales were the highest they have been for more than 10 years, and were up 2.0% on the preceding quarter. “This sales momentum from the fourth quarter has continued into the new financial year,” the company said. Gross margin in the fourth quarter improved again, up 1.5 percentage points year on year and 0.7 percentage points on the prior quarter to 41.8%. This represented the ninth consecutive quarter of sequential improvement. A final dividend of 6.0p has been proposed, up 15.4% on the previous year, taking the full year dividend up to 10.4p, an improvement of 10.6% on the prior year.

Eric Born, Chief Executive of Wincanton commented; "Today's announcement represents an excellent strategic opportunity for Wincanton as we look to expand our presence within the public sector arena. By combining Serco's long standing expertise within the criminal justice system and Wincanton's proven track record in specialist logistics, we expect this highly innovative service to deliver considerable savings for the UK taxpayer over the life of the contract."

Wincanton and Serco secure seven year Ministry of Justice contract Wincanton, a leading European supply chain solutions provider, in partnership with Serco, the international service and business outsourcing provider, is pleased to announce that they have been awarded a contract with the Ministry of Justice to provide Prisoner Escort and Custody Services for London and the East of England. The full contract value is £42m per annum with Wincanton providing services to support the efficient delivery of the contract for Serco. The initial contract will run for seven years with options to extend by a further three years thereafter. Wincanton will provide logistical support to Serco for the secure transportation of prisoners between HM Prisons, police stations and Courts across the South East of England. Whilst at court, staff manage custody suites and accompany prisoners in courtroom docks. Under the arrangement Serco will manage the day to day operations, employing the specialist crews or Prison Custody Officers and supplying the key management systems. Wincanton will be responsible for providing logistical expertise across key functions including the provision and maintenance of the specialist fleet, activity scheduling and vehicle tracking, as well as providing driver training and fleet management systems.

http://www.investegate.co.uk/Article.aspx?id=201103170700121053D

David Ashman, Chairman, commenting on the Company's performance, stated: "I am pleased to report that significant progress was made by Stilo in 2010. Sales grew steadily, operating costs reduced and there was a return to profitability. At the same time, we continued to invest in the development of new software products and online services. Our improving financial position and innovative technology provides us with a solid base upon which to build in 2011."

BUSINESS HIGHLIGHTS è Stilo introduced version 2 of Migrate, its online XML content conversion solution è IBM, the originators of the XML DITA standard, evaluated and endorsed Migrate v2 è Stilo's OmniMark product celebrated its 20th anniversary and continues to provide a robust solution for processing high volumes of content è SAP® certified Stilo's Product Change Impact Analysis solution è Major services contracts undertaken with AgustaWestland, BAe Systems Insyte, Micromass UK and ALLDATA è Significant OmniMark software orders received from Japan Patent Office

FINANCIAL HIGHLIGHTS è Sales revenues increased by 15% to £2,384,000 (2009: £2,071,000) è Profit after taxation achieved of £142,000 (2009: loss £457,000) è Administrative expenses reduced by 11% to £1,823,000 (2009: £2,042,000) è Exchange rate losses calculated at £35,000 (2009: loss £84,000) è Investment made in product development of £337,000 (2009: £385,000) è Cash position strengthened to £494,000 as at 31 December 2010 (2009: £436,000)

http://www.investegate.co.uk/Article.aspx?id=201103170700121054D

A nice set of results here. Dont know much about these but I intend to find out!

Stephen Boyd, Chairman of Pittards, commented: The Group achieved a consolidated profit from trading activities of £3.3m in 2010, the first full year of our expanded group including the Ethiopia Tannery Share Company (ETSC) which we acquired in December 2009. This compares to £0.8m in 2009 and shows the benefits of this strategic purchase.

- Revenue up 47% from consolidated group, or 27% on like for like basis excluding ETSC - Profit from trading activities up to £3.3m from £0.8m (312% increase) - Profit from trading (without impairment release) up to £2.7m from £0.8m - Cash generated from operating activities of £3m - Net assets increased by 39% - Net borrowings fell by 43% (to £3.5m from £6.2m) - Gearing reduced to 33% from 80%

http://www.investegate.co.uk/Article.aspx?id=201103170700091013D

Revelator - Can I take it you like this RNS too lol

Commenting on the results, Peter Allen, Chairman & Acting Chief Executive of ProStrakan, said: "From a low point in the middle of 2010, when events had become very challenging for ProStrakan, I am delighted to be in a position to report that, as a result of a great deal of hard work on the part of our many talented people, we were able to finish the year very strongly. "Since then, we have received, from Kyowa Hakko Kirin, an offer to acquire ProStrakan which attaches full value to the business and is being recommended for shareholder acceptance by the Board, as well as having the support of the majority of our principal shareholders. This process is ongoing and, assuming it is approved by shareholders, ProStrakan's acquisition by KHK will mark a new chapter in the ProStrakan story which, I believe, will be beneficial to all concerned - shareholders and staff alike."