Industrial
Superior Performance of Solid State Technology Confirmed by Ilika Testing
October 03, 2024 12:33 PM BST| By Team Kalkine MediaHighlights,Ilika PLC has successfully completed testing on its Goliath D5 prototypes, demonstrating superior safety compared to conventional lithium-ion batteries.,The Goliath D5 prototypes exhibited enhanced performance with faster discharge rates,...
EQTEC's Strategic Shift to Waste-to-Value Technology Provider Is Advancing
October 03, 2024 12:09 PM BST| By Team Kalkine MediaHighlights,EQTEC PLC reported a tenfold revenue increase in the first half of 2024, reaching €1.45 million, compared to approximately €145,000 in the same period the previous year.,Gross profit surged to €0.826 million, marking a significant improvem...
VP Sees Share Decline in Response to Profit Warning Amid Construction Market Weakness
October 03, 2024 11:36 AM BST| By Team Kalkine MediaHighlights,VP PLC experienced a decline of over 9% in share value after announcing lower profit guidance for the year.,Adjusted profit is projected to be approximately £37 million, reflecting a nearly 7% decrease compared to the previous year.,Chief...
Galliford Try’s Revenue Surge Leads to Undervalued Classification
October 03, 2024 11:00 AM BST| By Team Kalkine MediaHighlights,Galliford Try Holdings PLC demonstrates strong operational performance, leading to increased revenue forecasts and positive analyst sentiment.,Shore Capital Markets has raised its pre-tax profit forecast and anticipates a 15% increase in e...
FX Headwinds Stronger, But Spirax Holds Steady on FY Outlook
October 03, 2024 10:37 AM BST| By Team Kalkine MediaHighlights:,Spirax-Sarco expects mid-single-digit organic revenue growth and stable profit margins for 2024.,The company warns of potential FX headwinds that could impact sales and profits by an additional 1% due to the stronger British pound.,Spirax...
James Halstead Sees Revenue Drop but Strong Profit Growth in Tough Market
October 01, 2024 12:20 PM BST| By Team Kalkine MediaHighlights:,James Halstead reported a 9.4% drop in revenue but achieved a 7.9% increase in profit before tax.,The company's gross margin improved to 44%, supported by strong performance across key markets.,James Halstead expanded its international pr...
Ceres Power Identified as 'De-Risked' Green Hydrogen Company Following UBS Endorsement
October 01, 2024 10:07 AM BST| By Team Kalkine MediaHighlights,Strong Market Position,: Ceres Power Holdings PLC identified as a “de-risked” entity in the green hydrogen sector following a recent cost-cutting plan.,Financial Performance,: The company reported significant revenue growth, with adjusted...
QinetiQ Group Sells Cody Technology Park for Strategic Refocus
September 30, 2024 09:15 AM BST| By Team Kalkine MediaHighlights:,Site Sale Completed:,QinetiQ sells its 407-acre Cody Technology Park to Tristan Capital Partners for £112 million.,Leaseback Agreement:,Following the sale, QinetiQ will maintain operations on a portion of the site under a 15-year lease.,D...
Clean Power Hydrogen Reports Interim Loss Amid Shift to Commercial Phase
September 29, 2024 07:13 PM BST| By Team Kalkine MediaHighlights,Financial Performance:,Clean Power Hydrogen reported a £2.3 million loss for H1 2024.,Technology Milestone:,Achieved factory acceptance for its first membrane-free electrolyser, MFE110.,Shift to Commercial Phase:,Focus is now on the MFE220...
Wizz Air Non-Executive Director Acquires Shares Amidst Share Price Surge
September 27, 2024 04:34 PM BST| By Team Kalkine MediaHighlights:,Share Acquisition:,Non-executive director Anthony Radev acquired 6,150 shares of Wizz Air at an average price of 1,350.00p each.,Share Price Increase:,Wizz Air shares rose 6.93% to 1,513.0p following the announcement.,Leadership Confidenc...
FTSE 100 Live: Index Set to Sustain Thursday’s Momentum
September 27, 2024 07:36 AM BST| By Team Kalkine MediaHighlights,Positive Momentum,: London’s blue-chip stocks are showing an upward trend, building on gains from the previous day.,Support from China,: Chinese government commitments to stimulate the economy have bolstered mining and Asia-focused stocks,...
Halma PLC (LSE:HLMA) First-Half Results: Resilience Amid Currency Headwinds
September 27, 2024 04:45 AM BST| By Team Kalkine MediaHalma PLC (LSE:HLMA), a prominent safety products manufacturer, has released its first-half trading update, indicating robust performance despite facing challenges from currency fluctuations. Analysts describe the results as “solid as ever,” reflecti...
Rolls-Royce Advances to Final Four in UK Nuclear Competition
September 26, 2024 03:58 PM BST| By Team Kalkine MediaHighlights,● Rolls-Royce progresses to the next stage of the UK's mini-nuclear competition as NuScale exits.,● The company joins Holtec Britain, GE Hitachi, and Westinghouse Electric in negotiations with the UK government for small modular re...
Halma's Outlook Impacted by Strong Pound Sterling
September 26, 2024 03:49 PM BST| By Team Kalkine MediaHighlights,● Halma PLC warns of ongoing negative impacts from a strong pound affecting currency translation.,● The US and mainland Europe represent the largest revenue sources, contributing 44% and 21% respectively.,● Despite currency cha...
Jaguar Land Rover Commits Major Investment to Electrify Halewood Plant
September 26, 2024 12:42 PM BST| By Team Kalkine MediaHighlights:,JLR Commits to Halewood Upgrade,: Jaguar Land Rover is investing £500 million to transform its Halewood factory into an EV production hub.,Expansion of Electric Lineup,: The revamped facility will produce electric versions of the Discover...
What Is the Role of Rolls Royce in the Nuclear Renaissance?
September 25, 2024 08:50 PM BST| By Team Kalkine MediaHighlights:,Corporate Involvement,: Technology giants like Microsoft are investing in nuclear, exemplified by a power agreement to revitalize the Three Mile Island plant.,Opportunities for Growth,: Companies like Rolls-Royce, specializing in small mo...
Wizz Air's Goals Face Intense Scrutiny as Experts Assess Their Feasibility!
September 25, 2024 08:40 PM BST| By Team Kalkine MediaHighlights:,Profit Doubts,: Analysts raise concerns about Wizz Air's ability to meet profit targets amid rising operational costs and potential net losses.,Cost Challenges,: Expected revenue growth per seat may be overshadowed by significant increase...
EasyJet Soars After JPMorgan Designates It as a 'High Conviction' Overweight
September 25, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,EasyJet (LON: EZJ) shares rose after JPMorgan Cazenove labeled the airline as a high-conviction "overweight" in the low-cost sector.,The airline's pricing and earnings resilience compared to peers positions it well for potential growth by...
Pay Discussions Begin at Volkswagen Amid Strike Warnings
September 25, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Volkswagen (LSE:0P6N) unions warn of potential strikes amid pay negotiations as the company plans to end job protection agreements early.,The IG Metall union seeks a seven percent wage increase while opposing proposed factory closures.,Ge...
Is the Expansion Strategy Captivating from Everyman Cinema Chain?
September 25, 2024 04:54 PM BST| By Team Kalkine MediaHighlights:,Share Price Increase,: Everyman Media Group PLC shares rose 6% after reporting a 22% revenue increase to £46.9 million and a 7% rise in underlying profits to £6.2 million.,Membership Growth,: Membership surged by 76% to 45,684, driven by...