LONDON MARKET CLOSE: Blue-chips nurse modest losses despite late rally
11th Dec 2023 16:57
(Alliance News) - Blue-chips in London posted modest losses at the close on Monday as a late rally saw most of the early deficit recouped. Read More
(Alliance News) - Blue-chips in London posted modest losses at the close on Monday as a late rally saw most of the early deficit recouped. Read More
(Alliance News) - Stock prices in London opened a touch lower on Monday, in a slow start to a week stacked with interest rate decisions. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Synectics PLC - Sheffield, England-based security and surveillance systems firm - Non-Executive Chair Craig Wilson resigns with immediate effect. Says this is in order to "pursue other business interests". Non-Executive Director Steve Coggins has been appointed as interim non-executive chair. Synectics says it will make a further announcement in "due course". Read More
Synectics PLC - Sheffield, England-based security and surveillance systems firm - Releases latest version of proprietary Synergy software platform. Says update includes data analysis tools, improved user functionality, "more robust" cybersecurity and further AI and sector-specific capabilities. The platform's user interface has been simplified and mapping capabilities are improved. Synectics adds that Synergy's open-architecture nature provides foundation for additional AI tools and more upgrades in the future. Notes that "AI functionality has multiple benefits, including risk detection and data analysis, improved operations and response times and to meet privacy regulations and requirements." Read More
(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Synectics PLC on Tuesday said its half-year profit and revenue rose, driven by lower expenses and strong trading. Read More
Synectics PLC - Sheffield, England-based security and surveillance systems firm - Awarded contract worth GBP2.0 million to supply specialist camera stations for Saudi Arabian Oil Co's Zuluf development programme. Says a significant portion of contract is expected to be delivered by the end of the financial year ending November 30. Read More
Synectics PLC - Sheffield, England-based security and surveillance systems firm - Says trading in the six months ended May 31 continued in-line with expectations, with good progress being made compared to the same period the year prior. Says progress in the half was underpinned by strong trading in the global oil and gas market. Says this expected to continue into the second half and beyond. Expects results for the year ending November 30 to be weighted to the "seasonally stronger" second half. Consolidated order book at May 31 "materially ahead" of the same date last year, with a "significant" proportion of this expected to trade in the second half. This, alongside a strong pipeline of expected orders, underpins the board's expectations of "significantly" improved trading in the second half. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Gets a contract award to provide specialist camera stations for Saudi Arabian Oil Co's Zuluf development programme, worth GBP3.5 million. Says the deal will be delivered by the end of the company's financial year on November 30. The Zulu field is about 40 kilometres off Saudi Arabia's northeast coast. Read More
Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Reports revenue of GBP39.1 million for the year ended on November 30, up 6.8% from GBP36.6 million the year before. Swings to a pretax profit of GBP361,000 from a loss of GBP558,000, on a gain of profit on sale of disconnected operations of GBP804,000. Underlying operating profit amounts to GBP1.2 million, compared to a loss of GBP500,000 the year before. Order book stands at GBP24.4 million as at November 30, up from GBP23.6 million on the same date a year earlier with a strong pipeline of expected orders. Read More
Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Appoints Independent Non-executive Director & Chair Designate Craig Wilson as its new non-executive chair with immediate effect. Says he was appointed as independent non-executive director and chair designate in November. Also notes David Coghlan has retired as a director. Read More
Synectics PLC - Sheffield, England-based advanced security and surveillance provider - Says trading continued in line with expectations in the second half of its financial year that ended November 30. Says this is despite trading challenges in Asian casinos and gaming resorts due to the now-ended zero Covid-19 policy in China, causing travel restrictions. Read More
Synectics PLC - Sheffield, England-based security systems company - Announces completion of sale of its SSS Management Services Ltd business to Parfas Ltd. Sale agreed on November 11 for a cash consideration of GBP200,000. Read More
Carclo PLC - West Yorkshire-based plastic parts manufacturer - Promotes David Bedford to chief financial officer and names him as a director, effective from yesterday, as CFO and director Phil White steps down. Says White will retire in June next year to ensure a smooth transition. Read More