News
Rentokil PLC (LSE: RTO) eyes 19% group margin by 2026 as Terminix integration expected to bring in cost synergies
June 08, 2024 02:48 AM AEST| By Team KalkineHighlights,RTO’s revenue increased by a notable 44.7% in FY23 compared to FY22,The company increased its dividend per share by 15% in FY23 compared to FY22,The company’s medium-term group margin is forecasted to surpass the 19% target by 2026,Rentoki...
Antofagasta PLC’ (LSE: ANTO) expects copper production of 670-710k tonnes in FY24
June 05, 2024 03:02 AM AEST| By Team Kalkine MediaHighlights,ANTO's revenue for FY23 increased by 7.9% to USD 6,324.5 million compared to USD 5,862.0 million in FY22,Gold production in FY23 also saw a significant rise of 18% to 209,100 ounces, attributed to higher gold grades at Centinela,Total copp...
Haanuwise: Expert Investment Research and Tailored Financial Solutions
June 04, 2024 08:46 PM AEST| By Team Kalkine MediaHaanuwise,is a leading provider of research, data analytics, and tech-driven solutions for corporates and clients in the financial services sector, including asset managers, hedge funds, private equity, family offices, and venture capital firms. Our...
TI Fluid Systems (LSE: TIFS) expects flat-lower single-digit revenue growth in FY24
June 01, 2024 03:50 AM AEST| By Team Kalkine MediaHighlights,In FY23, TIFS’ revenue demonstrated a YoY growth of 7.6%,The company increased its total dividends per share by around 169% in FY23,TIFS strives to surpass its FY23 adjusted EBIT margin of7.4% in FY24,TI Fluid Systems PLC (,LSE: TIFS,),, a...
CVS Group PLC (LSE: CVSG) Sees 11% Revenue Surge in 1H FY24
May 30, 2024 03:50 AM AEST| By Team Kalkine MediaHighlights,In H1 FY24, CVSG’s revenue grew 11.3%, and adjusted EBITDA rose 9%,The company’s net bank borrowings increased by a notable 124% reflecting substantial capital investment in the business,The company raised its dividend payment to GBX 7.5 p...
Hargreaves Lansdown Rejects Acquisition Proposal, Deems Offer Undervalued
May 24, 2024 11:06 PM AEST| By Team Kalkine MediaHargreaves Lansdown, a leading British financial services company, has announced that its independent Board of Directors has unanimously rejected an acquisition proposal from a high-profile consortium. The consortium, which includes CVC Advisers Limi...
Cerillion PLC (LSE: CER) set to achieve FY24 guidance as order book grows
May 21, 2024 04:56 AM AEST| By Team KalkineHighlights,In H1 FY24, CER posted around 10% YoY growth in revenue,The company increased its interim dividend per share by around 21.2% YoY,Valued at an initial USD 11.1 mn, CER has inked a significant new contract in Southern Africa,Cerillion PLC (,...
Caledonia Mining (LSE: CMCL) targets 74,000-78,000oz gold production in FY24 and FY25
May 18, 2024 03:49 AM AEST| By Team Kalkine MediaHighlights,In FY23, the company reported a higher gross profit of USD 13.81 million, compared to USD 5.85 million in pcp,Based on the stock's closing price of May 17, 2024, Caledonia’s annualized dividend yield was around 5.41%,Gold production at the...
Bank of Georgia (LSE: BGEO) expects capital ratios to improve in FY24
May 18, 2024 03:36 AM AEST| By Team KalkineHighlights,BGEO reported around 36.6% YoY growth in net interest income in FY23 compared to FY22,The company increased its total dividend by around 4.6% in FY23,BGEO has declared to pay a final dividend of GEL 4.94 per share on 19 July 2024,Bank of G...
Integrated Diagnostics (LSE: IDHC) expects double-digit revenue growth in 2024 supported by higher volumes and prices
May 16, 2024 03:23 AM AEST| By Team KalkineHighlights,In FY23, the company’s revenue surged by 14.4% compared to FY22,The company’s gross profit and adjusted EBITDA increased by 38% and 1.7%, respectively,Backed by a combination of increased volumes and prices, IDHC aims for double-digit reve...
Andrada Mining (LSE: ATM) sees turnaround in H1FY24 amid higher production, average realized prices
May 15, 2024 03:37 AM AEST| By Team KalkineHighlights,In H1 FY24, ATM posted an 87% rise in revenue, driven by increased volumes of commodities produced and higher average realised prices,The group saw a turnaround with a gross profit of GBP 1.5 million in H1 FY24 from a gross loss of GBP 1.0...
Driven by product expansion, J D Wetherspoon’s (LSE: JDW) H1FY24 operating profit surges 92.5%
May 11, 2024 03:46 AM AEST| By Team Kalkine MediaHighlights,J D Wetherspoon posted an 8.2% growth in overall revenue in the first half of FY24,Backed by product portfolio expansion, operating profit surged by a notable 92.5%,The company expects a stable outcome for FY24 and aims for continued doubl...
Topps Tiles (LSE: TPT) posts higher revenue, margins in FY23 driven by strong performance of online pure-play businesses
May 09, 2024 02:53 AM AEST| By Team KalkineHighlights,The company’s online pure play businesses posted 38.3% year-on-year sales growth in H1 FY24,The company reported a higher net margin of 2.4% in H2 FY23 versus 0.5% in H1 FY23,In February, the company paid a final dividend of GBX 2.4 per sh...
Iofina (LSE: IOF) eyes EBITDA of USD 8.5-9mn in FY24 as production set to increase
May 04, 2024 02:23 AM AEST| By Team Kalkine MediaHighlights,Iofina reported a sixth consecutive year of revenue growth in FY23, with an 18.5% uptick in revenue compared to the previous year,Iofina's crystalline iodine production grew by 15.5% year-on-year,FY24 EBITDA guidance for Iofina lies in the...
Alliance Pharma’s (LSE: APH) FY23 revenue surges 29% to GBP 63.2 mn
May 02, 2024 02:38 AM AEST| By Team KalkineHighlights,In the financial year 2023, Alliance Pharma’s revenue surged by 29% to GBP 63.2 million,In H1 FY23, cash from operations grew by 84.5%, driven by new marketing campaigns and refreshed packaging.,The company has started initiatives towards...
Acquisitions, organic growth drive Marlowe PLC’s (LSE: MRL) revenue surge in 1H FY24
April 30, 2024 03:49 AM AEST| By Team Kalkine MediaHighlights,Driven by valuable acquisitions and organic growth in the segment of TIC, MRL’s revenue surged by 12.7% in H1 FY24 compared to pcp.,Net cash generated from operations increased by 21.7% backed by an improvement in operating cash delivery.,...
M&A transactions drive Midwich Group’s (LSE: MIDW) earnings growth in FY23
April 26, 2024 03:39 AM AEST| By Team Kalkine MediaHighlights,In FY23, Midwich’s gross profit and profit after tax surged by 17.9% and 71%, respectively on a year-on-year basis.,Midwich achieved industry-leading asset turnover of 2.12x and an ROE of 18.2% in FY23, surpassing industry medians of 0.80x...
Northern Bear PLC (LSE: NTBR) reports 20% higher operating profit in H1 FY24 as margins improve
April 25, 2024 03:18 AM AEST| By Team Kalkine MediaHighlights,Driven by heightened demand and favorable pricing dynamics, NTBR’s H1 FY24 saw an 8.7% revenue increase.,The company’s operating profit improved by 20%.,The company's long-term debt to total capital ratio declined to 5.8% in H1 FY24, showc...
Is James Cropper PLC (LSE: CRPR) Positioned Well to Deliver Increased Profitability in FY24?
April 16, 2024 02:06 AM AEST| By Team Kalkine MediaHighlights,In H1 FY24, CRPR delivered a profit before tax of £2.4 million, making a favorable turnaround from a loss before tax of £0.9 million in H1 FY23.,The company reported a gross margin of 57.7% in H1FY24, outperforming the industry median of 4...
Spectris PLC (LSE: SXS) focuses on portfolio rationalization, aims to complete Red Lion divestment
April 12, 2024 03:17 AM AEST| By Team Kalkine MediaHighlights,FY23 sees Spectris PLC (LSE: SXS) achieve 9.2% revenue growth and a 20.0% rise in profit before tax.,The company’s adjusted earnings per share increased by 25% to 199.7 pence in FY23.,The company increased dividend payments by 5.0% in FY23...