Industrial

Clarkson’s (LON: CKN) shares jump on interim dividend announcement
August 10, 2021 01:02 AM AEST| By Suhita PoddarSummary UK based shipping services company announced strong H1 2021 results that led the shares to jump by over 5 per cent. The company reported a 30.3 per cent rise in its underlying profits before tax due to strong performance from its brokin.....
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What made Rolls Royce’s (LON: RR.) shares surge over 3%?
August 05, 2021 06:55 PM AEST| By Suhita PoddarSummary Aerospace engine maker Rolls Royce’s shares spiked over 3 per cent in early trading today on good H1 2021 results The company return to profits of £147 million after posting a loss in the same period the previous year......

What led Meggitt Plc (LON: MGGT) and FTSE 250 to hit record high?
August 03, 2021 01:06 AM AEST| By AbhijeetBritain-based Meggitt Plc, which designs and manufactures the components and sub systems for the aerospace and defence sector, has agreed to an acquisition bid of £6.3 billion by the US-based Parker-Hannifin Corporation, a leading manufa.....
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Lens on 3 FTSE 100 industrial stocks as July manufacturing PMI slips further
August 03, 2021 12:46 AM AEST| By Suhita PoddarSummary UK’s July manufacturing PMI data indicated a continuing slower pace of growth. July’s PMI grew at 60.4, down from June’s PMI reading of 63.9 and much lower than May's record high of 65.6 PMI The UK’s M.....

Rolls-Royce shares on a roll, the company may dampen China’s nuclear dreams
July 30, 2021 05:12 PM AEST| By Suhita PoddarSummary Shares of global aerospace and engineering giant Rolls-Royce ended in the green on Thursday. The UK government has selected Rolls-Royce’s preferred small nuclear reactor for a £170 million ($236 million) demonstration .....
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Spotlight on 3 FTSE AIM-listed renewable energy firms
July 16, 2021 08:47 PM AEST| By Suhita PoddarSummary Energy major Royal Dutch Shell PLC announced a partnership with Scotland-based energy company ScottishPower to bid for offshore windfarm development in Scotland. Italy’s oil major Eni was among some of the other firms which were k.....
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Why was Royal Mail (LON: RMG) share buzzing?
July 14, 2021 06:59 PM AEST| By Team Kalkine MediaSummary Postal and courier company Royal Mail released a new stamp collection featuring UK’s marine wildlife. Royal Mail’s shares have risen over 230 per cent in the last year due to covid-19 induced rise in online shopping. .....

Why is Gazprom (LON: OGZD) buzzing?
July 12, 2021 06:56 PM AEST| By Suhita PoddarSummary Gas company PJSC Gazprom’s Nord Stream 2 pipeline project is expected to be completed by August and is currently 98% complete. The completion of the Nord Stream 2 pipeline will lead Gazprom to increase its natural gas exports to t.....

7 hot FTSE-listed stocks from defence and aerospace space
July 11, 2021 09:50 AM AEST| By Kamalika GhoshSummary Defence stocks can be a secure investment option because the industry always remains in action with persisting geo-political tensions. Rolls Royce, BAE Systems, and Chemring Group, among others, are some of the biggest stocks in this se.....

Rolls-Royce launches limited edition cars
June 30, 2021 04:27 PM AEST| By Suhita PoddarRolls-Royce Holdings Plc (LON: RR.), a wholly-owned subsidiary of BMW (Bayerische Motoren Werke AG) has launched a new Landspeed collection, which includes both Wraith and Dawn Black Badge editions. This collection is inspired by Captain Geor.....
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Why FTSE industrial stocks Capita Plc and Ferguson Plc trended today?
June 21, 2021 10:39 PM AEST| By Suhita PoddarTwo FTSE listed industrial stocks were trending today on the LSE, namely Capita Plc (LON: CPI) and FERGUSON PLC (LON: FERG). Let us have a closer look at why these 2 FTSE listed stocks in the industrial support services sector on a roll: Capita .....

Why Was FTSE 250 Listed Stock Serco Group Trending Today?
June 15, 2021 01:14 AM AEST| By Suhita PoddarSummary British outsourcing company Serco announced a raised profit outlook and increased its guidance by £15 million to around £200 million for 2021 due to high demand for its covid-19 services in the country. Serco’s shares .....

Why FTSE 250 listed Mitie Group Was Trending Today?
June 10, 2021 11:54 PM AEST| By Suhita PoddarSummary Outsourcing and energy services company Mitie Group announced its FY 2021 results today, prompting its shares to rise over 8 per cent. MTO reported its group revenue rose to £2.560 billion compared to £2.174 billion in FY202.....

Earnings of 3 Industrial Stocks in Focus: RWS Holdings, VP Plc, Oxford Instruments
June 08, 2021 07:47 PM AEST| By Suhita PoddarSummary RWS Holdings reported a 53 per cent rise in its adjusted pre-tax profits for H1 2021. VP Plc profits before tax, amortisation and exceptional items dropped to £23.3 million from £47.1 million in FY 2020. Oxford Instrument a.....

FTSE 250 listed IWG warned of a sharp drop in profitability during 2021
June 08, 2021 02:37 AM AEST| By Team Kalkine MediaSummary The Company expects to show a drop in the FY21 underlying Group EBITDA levels as compared to FY20. It had gained a positive occupancy momentum in the US since the end of Q1 FY21. IWG had a net debt of £293.8 million as of 31 Marc.....

What are the foundation stones laid by Chemring Group to bolster the Roke business?
June 04, 2021 02:15 AM AEST| By Team Kalkine MediaSummary CHG had shown a 4% growth in the top-line business and a 10% increase in the underlying operating profit during H1 FY21. The Company will pay an interim dividend of 1.6 pence per share on 10 September 2021. Chemring Energetics UK had c.....

FTSE 250 listed Biffa remained confident of recovery despite reporting an annual loss
June 02, 2021 02:43 AM AEST| By Team Kalkine MediaSummary The pre-tax losses of BIFF came out to be negative £52.8 million during FY21 against a pretax profit of £56.4 million made during FY20. BIFF had shown a revenue decline of around 10.4% during FY21 as compared to FY20. BIFF .....

SSE Plc to Continue Its Five-Year Dividend Plan Up to March 2023
May 27, 2021 04:14 PM AEST| By AbhijeetSummary SSE Plc’s capital expenditure and investment for 2021-22 would be around £2 billion. The group’s adjusted operating profit was up 1 per cent to £1,506.5 million for the year ended March 2021. The impact of Covid.....

Ofgem To Invest £300 Million In EV Charging Infra; Focus on ITM Power and Ceres Power
May 24, 2021 11:39 PM AEST| By AbhijeetSummary Ofgem to invest £300 million for the expansion of the charging network of electric vehicles in the UK. Investment would be in low carbon projects that would include help to build over 3,500 charging points. The energy regulator s.....

FTSE 250 listed Biffa acquired collections business from Viridor for 126 million pounds
May 22, 2021 02:42 AM AEST| By Team Kalkine MediaSummary Biffa PLC would be expected to complete the transaction in August 2021. The transaction would add around £85 million of I&C revenue from approximately 21,000 customers. BIFF expects the underlying EBIT ranging from £42......
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