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Record (REC) Share News

IN BRIEF: Record names Heading as new CFO as Cullen to retire

15th Jan 2024 09:44

Record PLC - Windsor, England-based currency and derivatives manager - Chief Financial Officer Steve Cullen announces intention to retire in summer this year. He will remain available on an advisory basis, to support the handover and transition of his responsibilities. Record simultaneously announces hiring of Richard Heading as new CFO, and says it will confirm the exact date of his appointment in due course. Heading was most recently group finance director of IG Group Holdings PLC, having previously served as its business finance director from September 2018 to March 2021. News follows announcement in November that Chief Executive Officer Leslie Hill will also retire on March 31, with Record formerly installing Jan Witte as her replacement on April 1. CFO Cullen has spent 20 years at Record and was promoted to CFO in 2013. Read More

SMALL-CAP WINNERS & LOSERS: Record shares rise as welcomes new CFO

15th Jan 2024 09:29

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More

UK dividends calendar - next 7 days

15th Dec 2023 15:58

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SMALL-CAP WINNERS & LOSERS: Carclo warns of tricky trading conditions

30th Nov 2023 10:46

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More

UK dividends calendar - next 7 days

23rd Nov 2023 15:53

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LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

17th Nov 2023 12:00

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures. Read More

Record stock falls as annual profit declines, CEO retiring next year

17th Nov 2023 11:04

(Alliance News) - Record PLC on Friday said its revenue, performance fees and profit decreased in its latest half year, but still announced a slight increase to its interim dividend payout. Read More

SMALL-CAP WINNERS & LOSERS: Smiths News inks deal, Record profit falls

17th Nov 2023 10:16

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

17th Nov 2023 09:03

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK. Read More

UK earnings, trading statements calendar - next 7 days

10th Nov 2023 15:57

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SMALL-CAP WINNERS & LOSERS: Record down as managed assets decline

20th Oct 2023 10:02

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

Record touts strategy despite marginal decline in second quarter

20th Oct 2023 08:59

(Alliance News) - Record PLC on Friday said that plans for diversification are progressing well, despite seeing assets under management decline in the second quarter. Read More

SMALL-CAP WINNERS & LOSERS: Sabre Insurance reports premium growth

19th Oct 2023 10:06

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More

UK earnings, trading statements calendar - next 7 days

13th Oct 2023 15:48

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UK dividends calendar - next 7 days

2nd Aug 2023 15:47

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Record reports lower assets under management amid passive hedging fall

18th Jul 2023 11:58

(Alliance News) - Record PLC on Tuesday reported lower assets under management amid a contraction in assets in passive hedging. Read More

SMALL-CAP WINNERS & LOSERS: Zotefoams rises on joint development deal

18th Jul 2023 09:59

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

UK earnings, trading statements calendar - next 7 days

11th Jul 2023 15:44

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UK dividends calendar - next 7 days

6th Jul 2023 15:46

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IN BRIEF: Record annual profit and revenue jump as performance fees up

30th Jun 2023 11:53

Record PLC - Berkshire, England-based currency and derivatives manager - Posts revenue of GBP44.7 million for financial year that ended on March 31, up 27% from GBP35.1 million the year before. Says the increase is driven by growth in both management and performances fees linked to "core currency management products", with new revenue streams from the launch of asset management products expected for financial 2024. Pretax profit rises 34% to GBP14.6 million from GBP10.9 million, as operating profit increases to GBP14.5 million from GBP10.8 million the year before. Performance fees rise to GBP5.8 million from just GBP500,000 the year before. Looking ahead, Record says it still sees a "clear path" to its target of GBP60 million in annual revenue by financial 2025 with a 40% operating profit margin, up from 32% in the recent year. Read More

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