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Strip Tinning (STG) Share News

IN BRIEF: Strip Tinning shares down on swing to interim loss

20th Sep 2022 12:13

Strip Tinning Holdings PLC - Birmingham-based electrical connectors provider for automotive sector - Swings to a pretax loss of GBP2.9 million in the six months to June 30 from a profit of GBP369,000 a year earlier, as revenue declines by 19% to GBP4.7 million from GBP5.8 million. Administrative expenses widen to GBP2.8 million from GBP1.8 million a year ago. Read More

Strip Tinning wins grant of up to GBP1.4 million from UK government

8th Sep 2022 11:32

(Alliance News) - Strip Tinning Holdings PLC on Thursday said it has secured a grant of up to GBP1.4 million from the UK government. Read More

AIM WINNERS & LOSERS: Joules sales dry up; Kinovo swings to profit

19th Aug 2022 11:27

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

IN BRIEF: Strip Tinning shares drop as Croatian EV firm ends contract

19th Aug 2022 09:56

Strip Tinning Holdings PLC - Birmingham-based electrical connectors for automotive sector - Says subsidiary Strip Tinning Ltd has received a notice to end its contract with a Croatian electric vehicle technology innovator for the supply of cell management systems to a German OEM, with effect from October 1. Says the contract was signed in December last year after an extended period of design and development work with the customer. Read More

AIM WINNERS & LOSERS: MySale stock still enjoying Frasers-driven gains

4th Jul 2022 10:35

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More

Strip Tinning wins contracts with car manufacturers BMW and Skoda

4th Jul 2022 10:27

(Alliance News) - Strip Tinning Holdings PLC on Monday said it has won a five-year nomination with BMW AG for its Glazing division. Read More

IN BRIEF: Strip Tinning's subsidiary turns to 2021 loss as costs rise

21st Jun 2022 12:36

Strip Tinning Holdings PLC - Birmingham-based electrical connectors for automotive sector - Says its wholly owned subsidiary Strip Tinning Ltd turns to loss in 2021 as costs rise due to inflation and supply chain disruption. Pretax loss stands at GBP1.1 million versus a profit of GBP349,000 in 2020. Cost of sales increase to GBP7.9 million from GBP5.0 million. Administrative costs widen to GBP4.2 million from GBP3.2 million. The revenue increase to GBP11.2 million from GBP8.6 million is not enough to stay profitable in 2021. Read More

IN BRIEF: Strip Tinning shares drop as rising costs hurt margins

18th May 2022 15:06

Strip Tinning Holdings PLC - Birmingham-based electrical connectors for automotive sector - Says 2021 revenue and underlying earnings before interest, tax, depreciation and amortisation will be in line with the board's expectations. Annual revenue estimated to be up 29% to GBP11.1 million from GBP8.6 million, with underlying Ebitda to be GBP500,000 versus GBP1.2 million in 2020. Read More

AIM WINNERS & LOSERS: Strip Tinning expects flat revenue in 2022

18th May 2022 11:22

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

Strip Tinning debuts on AIM; to invest in electric vehicle business

16th Feb 2022 12:46

(Alliance News) - Shares in Strip Tinning Holdings PLC started trading on AIM in London on Wednesday, and the auto parts maker said it plans to use the cash from its initial public offering to capitalise on "significant new growth opportunities" in the electric vehicles market. Read More

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