(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays. Read More
(Alliance News) - Renold PLC on Monday predicted full-year profit will be "materially ahead of current market expectations", as it hailed a robust order book. Read More
(Alliance News) - London's FTSE 100 is set to open lower on Monday, in a risk-off start to the week following an escalation in the conflict in the Middle East, with lingering US interest rate worries also hurting enthusiasm. Read More
(Alliance News) - Renold PLC on Wednesday said profit growth in the first half of its financial year soared amid progress in cost reduction plans. Read More
(Alliance News) - Renold PLC on Tuesday reported strong trading for the first four months of the year ending March 31, and forecasts its full-year results to be higher than originally expected. Read More
(Alliance News) - Renold PLC on Friday said it bought the trading assets of Davidson Chain PTY for AUD6 million. Read More
(Alliance News) - Renold PLC remained resilient against macroeconomic challenges, results published on Wednesday showed, as it saw jumps in both revenue and profit. Read More
(Alliance News) - Renold PLC on Wednesday celebrated a strong performance over the last financial year, as it enjoyed boosts to both revenue and profit, though it decided against a dividend. Read More
Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Extends core banking facilities with new facilities for initial three-year term to May 2016 from original maturity in April 2024. New facilities have option to extend term for further two years. Increases amount to new GBP85.0 million multi-currency revolving credit facility, up from GBP61.5 million. There is also a GBP20.0 million accordion option for additional funding in support of its acquisition programme. Facilities will be provided by its existing banks HSBC Holdings PLC, Allied Irish Banks and Citibank, alongside the addition of Banco Santander SA. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
(Alliance News) - Renold PLC shares jumped on Monday, after it said it expects annual results to be ahead of previously upwardly revised market expectations. Read More
Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Says revenue for the 10 months ended January totals GBP199.0 million, up 25% from GBP158.7 million a year earlier. This is up 17% at constant exchange rates. Group order intake amounts to GBP216.5 million, representing a year-on-year increase of 19%, and 12% at constant exchange rates. Says current order book of GBP104.1 million is a further record high for the group, compared to GBP99.0 million on September 30. Read More
(Alliance News) - Renold PLC shares jumped on Tuesday after it said it has won a seven year contract to supply the Royal Australian Navy, worth GBP8.7 million. Read More
Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Posts revenue of GBP116.3 million for the six months that ended on September 30, up 22% from GBP95.3 million the year before. Notes strong demand in the first half, showing a "good recovery as the worst effects of the pandemic receded". Says group order intake in the period is GBP121.3 million, up 19% from a year ago. Pretax profit, however, dips by 3.0% to GBP6.5 million from GBP6.7 million. Read More
Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Says the strong momentum experienced in the second half of its last financial year has continued into its new year which ends March 31. In the five months ended August 31, company reports revenue of GBP93.0 million and order intake of GBP97.9 million. Order book at August 31 a record high of GBP97.3 million. Expects adjusted operating profit for the full-year to be in line with recently increased market expectations following the acquisition of Industrias YUK SA in August. Read More