EARNINGS: Carclo swings to annual profit; t42 hails "step-change"
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Frasers promotes new chair, Apax Global Alpha's net asset value slips ahead of its takeover while John Wood sells a transmission and distribution business. Read More
Carclo PLC - Mitcham, London-based provider of precision components - Secures a contract renewal that "strengthens revenue visibility". A pact with an unnamed "major customer" is renewed for a further five-year period. "The renewed contract provides enhanced certainty over the medium term and reflects the trust our customers place in Carclo's ability to deliver consistent, high-quality solutions," the firm says. Chief Executive Frank Doorenbosch adds: "We are delighted to have secured this important contract renewal with one of our major customers. This long-term engagement reflects the strength of our customer relationships and the confidence they have in our business. It provides further revenue visibility and demonstrates the underlying resilience of our partnerships." Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Carclo PLC on Thursday said it will delay the publication of its audited financial results for the year ended March 31, 2025, after its auditor requested more time, and warned that its shares are likely to be suspended from trading as a result. Read More
Carclo PLC - Surrey, England-based provider of high-precision components - Appoints Ian Tichias as chief financial officer and executive director. Chief Financial Officer Eric Hutchinson will retire on March 31. Tichias was previously CFO at Xaar PLC. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
Carclo PLC - Surrey, England-based provider of high-precision components - Provides trading update for six months ending September 30. Says trading year-to-date is in line with management expectations. Notes US manufacturing rationalisation and improvement programme is on track. Improves net debt to uEbitda ratio through cash management and "leveraging stronger trading". "This progress highlights our unwavering commitment to strengthening our financial health across all operations" company says. Expectations for financial 2025 and 2026 are unchanged with margin expansion to continue as company benefits from operational optimisation. Says is headed toward goal of 10% return on sales and 25% return on capital employed. US operations restructuring is ahead of schedule with final production runs in Tucson complete and is now focused on operational turnaround at Pennsylvania site. Says CTP EMEA manufacturing solutions division has "emerged stronger" following new operations set up. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Carclo PLC - Ossett, England-based provider of technical components for use in manufacturing - Says that its lending bank has agreed to extend its banking facilities to the end of 2025. Leaves other terms unchanged. "This agreement reflects our close relationship and the bank's confidence in Carclo," it adds. Read More
(Alliance News) - Carclo PLC on Friday said its full-year performance exceeded its expectations as it saw an improvement in trading in the second half of its financial year. Read More
Carlco PLC - Ossett, England-based provider of technical components for use in manufacturing - Announces the "strategic closure" of its manufacturing facility in Tucson, Arizona. Carclo says that the decision represents the culmination of its US restructuring efforts, through which it is attempting to optimise its "operational footprint". The majority of manufacturing volumes from the Tucson site will be relocated to Carclo's facility in Pennsylvania, a move which the company says will "consolidate our technical and manufacturing expertise", while bringing production closer to its customer bases. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
(Alliance News) - Carclo PLC on Thursday said it anticipates "tough" market conditions in engineering will continue, as it reported a swing to half-year loss. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More