UK dividends calendar - next 7 days
18th Apr 2024 14:12
(Alliance News) - Tyman PLC on Thursday said higher costs hurt its full-year profit, while a reduction in volumes resulted in reduced revenue. Read More
Tyman PLC - London-based supplier of window and door components to construction industry - Hires Rutger Helbing to be new chief executive officer, starting January 2. Interim CEO Jason Ashton will resume being chief financial officer, and Interim CFO Juliette Lowes will resume being financial controller. Both have been in their interim roles since April, when Jo Hallas had stepped down immediately as Tyman CEO. A Dutch national, Helbing was chief executive of Devro PLC from January 2018 to this past April, having joined the sausage casing manufacturer as finance director in 2016. Glasgow-based Devro was bought by a subsidiary of Saria SE & Co KG back in March. Read More
Tyman PLC - London-based supplier of engineered fenestration components and access solutions to the construction industry - Expects full year adjusted operating profit to be in line with market expectations of GBP83.6 million, with a range of GBP82.8 million and GBP84.3 million. However, this would be a drop from Tyman's adjusted operating profit of GBP94.6 million in 2022. Adds that revenue fell 9.3% to GBP557.0 million in the ten months to October 31, from GBP614.3 million in the corresponding period a year ago. Says like-for-like revenue fell 10%. Adds that in the second half of the year, it has made progress in improving its cost base. Interim Chief Executive Officer Jason Ashton says: "We remain confident in the positive structural industry growth drivers across the group's markets, most notably in the US, as highlighted in our recent capital markets event. Our continued focus on taking market share and enhancing our operational platform ensures that Tyman is well positioned for growth when the US housing market backdrop improves, building on our portfolio of highly engineered, differentiated products, market-leading brands, deep customer relationships and sustainability credentials." Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, following a busy morning of earnings, as well as a key interest rate decision from the US this evening. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve. Read More
(Alliance News) - Stock prices in London were largely higher at midday on Tuesday, with stimulus talks in China helping lift the mood, as attention turns to the US Federal Reserve which begins its two-day monetary policy meeting later. Read More
(Alliance News) - Tyman PLC on Tuesday reported a fall in its half year revenue and pretax profit, reflecting the challenging market conditions. Read More
Tyman PLC - London-based supplier of engineered fenestration components and access solutions to the construction industry - Signs agreement to acquire 100% of North Carolina-based window hardware supplier Barry G Lawrence Inc, which trades as Lawrence Industries. Purchase to be made for USD57.0 million initial consideration on a debt and cash free basis. Further contingent consideration of up to USD12.5 million to be paid based on stretching growth targets, for financial results for the two years up to and including December 31, 2024. Tyman will fund the purchase through existing debt facilities; financial leverage is expected to remain within its target range of 1.0 to 1.5x adjusted Ebitda by the end of this year. Read More
(Correcting that index changes are effective from June 19.) Read More
(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 5, after completing its quarterly review. Read More
Tyman PLC - London-based supplier of engineered fenestration components and access solutions to the construction industry - Chair Nicky Hartery buys a total of 56,979 shares on Tuesday and Wednesday, at around GBP2.70 each, worth GBP148,458 in total. Read More
(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year. Read More