IMI shares hit 7-year high as it begins £100mn share buy-back, raises guidance

• April 16, 2021 05:35 PM BST
• Team Kalkine Media

Source: Pavel Vaschenkov, Shutterstock Summary Accsys Technologies PLC had expected revenue to remain more than €98 million during FY21. The construction of the Tricoya®Hull UK Plant is in the final stage of completion. AXS would aim...

• April 14, 2021 05:13 PM BST
• Team Kalkine Media

Source: TippaPatt, Shutterstock Summary QinetiQ Group PLC had anticipated revenue growth of high teens percentage during FY21 ending 31 March 2021. The Company had targeted operating profit margin ranging from 12% to 13% over the medium t...

• April 13, 2021 03:44 PM BST
• Suhita Poddar

Source: aapsky, Shutterstock Summary The London-based company's share rose around 40 per cent, the highest since 11 February 1993. Babcock will concentrate on being global aerospace, defence, and security corporation. At the end of March 2021...

• April 12, 2021 03:54 PM BST
• Team Kalkine Media

Source: metamorworks, Shutterstock Summary The Vitec Group PLC had experienced a revenue drop of around 23% during FY20. VTC would acquire Lightstream and Quasar for around £30.4 million. VTC would pay a final dividend of 4.5 pence per ...

• March 30, 2021 11:38 AM BST
• Suhita Poddar

Source: jittawit21, Shutterstock Summary Encouraged by the pickup in letter volume and inline trading, Royal Mail Plc has announced to pay a one-off final dividend of 10 pence per share. The company will also be updating about GLS business, ch...

• March 27, 2021 03:18 AM GMT
• Abhijeet

Source: Freedomz, Shutterstock Summary Industrial stocks have doubled the investors’ money in the past one year by delivering prolific returns. Industrial stocks usually do well when an economy is under expansion or recovery mode. I...

• March 24, 2021 04:34 PM GMT
• Team Kalkine Media

Source: New Africa, Shutterstock Summary Strix Group PLC had registered a decline of 1.6% in the revenue to around £95.3 million during FY20. The Board had declared an increase in the total FY20 dividend to 7.85 pence per share. It also ...

• March 24, 2021 04:30 PM GMT
• Suhita Poddar

Source: Rawpixel.com, Shutterstock Summary The flash IHS Markit/CIPS UK composite PMI jumped to a seven-month high of 56.6 in March. The manufacturing PMI rose to a high of 57.9 for the month. The UK business activity has returned to grow...

• March 23, 2021 11:46 AM GMT
• Suhita Poddar

Source: jaroslava V, Shutterstock Summary UK Secretary of State Elizabeth Truss has highlighted clean growth as one of the key aspects for the UK Export Finance’s trade priorities this year. The move comes ahead of the COP26 summit, whic...

• March 19, 2021 12:41 PM GMT
• Abhijeet

Source: Halfpoint, Shutterstock Summary FedEx’s package volumes for the quarter ended February 28 were up 25 per cent. Its adjusted revenue was at $21.5 billion against $17.5 billion for the same period a year ago. Operating income incr...