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Industrial
Hays Faces Earnings Decline Amid Challenging Market Conditions
October 11, 2024 12:00 AM BST| By Team Kalkine MediaHighlights:,Net Fees Decline,: Hays reported a 14% drop in net fees year-on-year for Q1, with significant declines in both permanent and temporary recruitment.,Regional Challenges,: Germany, the UK, and other key markets faced notable drops in recrui...
Newmark Security Outlines 2024 Growth Plans and Financial Performance at Proactive One2One Forum
October 10, 2024 10:16 AM BST| By Team Kalkine MediaHighlights:,Newmark Security PLC reported a 10% year-on-year increase in group revenue, driven by strong performance in its Human Capital Management (HCM) and Physical Security divisions.,The company achieved a 28% growth in annual recurring revenue...
Ramsdens Projected to Reach New Heights with Rallying Gold Prices
October 10, 2024 09:22 AM BST| By Team Kalkine MediaHighlights:,Ramsdens Holdings PLC announced a record profit before tax of £11 million for the financial year ending 30 September.,The company's diversified business model has contributed to growth across all key income streams.,Gold prices are projec...
Hercules Site Services has experienced a 12% surge in shares after achieving record performance
October 09, 2024 11:58 AM BST| By Team Kalkine MediaHighlights:,Share price surged 12% following the announcement of anticipated full-year earnings exceeding market expectations.,Revenue for the year ending September 30 projected to surpass £105 million, representing a 24% increase from the previous y...
Hercules Site Services has achieved record revenues as the HS2 rail link project advances
October 09, 2024 11:17 AM BST| By Team Kalkine MediaHighlights:,Hercules Site Services PLC reports a 12% surge in share price after announcing full-year earnings will exceed market forecasts, driven by robust growth in the UK infrastructure and construction sectors.,For the year ending 30 September, t...
Slower aircraft production by Boeing and Airbus has prompted a warning on profits
October 08, 2024 12:35 PM BST| By Team Kalkine MediaHighlights:,Senior PLC reports a 16% drop in share price following a profit warning attributed to challenges in the aerospace market linked to Boeing's production issues.,The company anticipates lower performance from its aerospace division in the se...
The strong performance of Galliford Try has been acknowledged as indicative of future
October 08, 2024 12:16 PM BST| By Team Kalkine MediaHighlights:,Galliford Try Holdings PLC shows strong momentum in its recent preliminary results, with analysts projecting significant growth toward 2030.,Analysts estimate earnings per share (EPS) could triple by 2030, reaching between 50p and 65p, su...
Jaguar Land Rover Reports 3% Decline in Q2 Sales Amid Supply Chain Issues
October 07, 2024 12:15 PM BST| By Team Kalkine MediaHighlights:,Sales Decline,: JLR’s Q2 sales dropped by 3% due to supply chain issues, particularly a shortage of high-grade aluminium.,Regional Performance,: Strong sales in the UK and North America offset by declines in Europe and China, down 22% and...
Mitie Group Expands Spanish Security Operations with Acquisition of Grupo Visegurity
October 07, 2024 09:06 AM BST| By Team Kalkine MediaHighlights:,Mitie Group acquires Spanish security company Grupo Visegurity for up to €11 million to expand its security capabilities.,Visegurity generated €180 million in revenue in 2023, with a 13% year-on-year increase, further boosting Mitie’s pre...
Aston Martin Downgraded by Jefferies Amid Financial and Supply Chain Pressures
October 04, 2024 04:42 PM BST| By Team Kalkine MediaHighlights:,Jefferies downgrades Aston Martin to 'hold' due to liquidity issues and supply chain disruptions.,Aston Martin’s net debt is expected to reach £1.4 billion by the end of 2024, with negative free cash flow of £424 million.,Revenue forecast...
Graft Polymer and Eurofins Discovery Collaborate on New Mental Health Treatment
October 04, 2024 04:17 PM BST| By Team Kalkine MediaHighlights:,Key testing partnership,: Graft Polymer has teamed up with Eurofins Discovery to conduct pharmacology testing on its new mental health treatment.,Focus on neurotransmitters,: The testing will evaluate the impact on serotonin, dopamine, an...
Tesla Faces Market Setback After Cybertruck Recall and Debt Deal Announcement
October 04, 2024 04:17 PM BST| By Team Kalkine MediaHighlights:,Cybertruck Recall,: Tesla recalled over 27,000 Cybertrucks due to rear-view camera issues, increasing the risk of crashes.,Debt Deal,: Tesla is premarketing a $783 million asset-backed securities (ABS) deal backed by car leases, its secon...
Despite Price Cuts, UK EV Sales Miss Target, Industry Calls for Action
October 04, 2024 04:17 PM BST| By Team Kalkine MediaHighlights:,Price Cuts Insufficient,: Despite £2 billion in discounts, EV sales risk missing the government's mandated 22% target for 2024.,Industry Seeks Support,: The SMMT and major carmakers call on the UK government to introduce measures in the A...
Good Energy Acquires Solar Installer Amelio Enterprises in £6 Million Deal
October 04, 2024 03:32 PM BST| By Team Kalkine MediaHighlights:,Good Energy acquires Amelio Enterprises:,The £6m deal expands Good Energy’s solar installation capabilities in the commercial, education, and public sectors.,Material contribution to earnings:,The acquisition is expected to boost Good Ene...
Wizz Air Faces Growth and Profitability Challenges Amid Airbus Delivery Delays
October 04, 2024 03:32 PM BST| By Team Kalkine MediaHighlights:,Fleet delays,: Airbus delivery setbacks are expected to slow Wizz Air’s capacity growth, impacting its expansion plans.,Fleet adjustments,: Wizz Air has switched to larger A321 NEO aircraft for better seat cost economics, but profitabilit...
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Renew disposes of Walter Lilly for 'nominal consideration
October 04, 2024 11:53 AM BST| By Team Kalkine MediaHighlights:,Renew exits the building sector,with the sale of Walter Lilly & Co to Size Holdings, marking a full shift to specialist engineering services.,Strategic focus on long-term, non-discretionary funded programs,allows Renew to target maintenan...
Growth Indicators from Australian Acquisition Sought in Volution Update
October 04, 2024 11:29 AM BST| By Team Kalkine MediaHighlights,Volution Group PLC is set to release its full-year results on October 10, following its largest acquisition to date—the £112.9 million takeover of Fantech, based in Australia and New Zealand.,Investors will be particularly interested in th...
Partnership with Eurofins Explored by Graft Polymer UK CEO in PTSD Treatment Context
October 04, 2024 11:09 AM BST| By Team Kalkine MediaHighlights,Graft Polymer (UK) PLC is advancing a preclinical program focused on mental health conditions, particularly post-traumatic stress disorder (PTSD), in collaboration with Eurofins Discovery.,The company is testing its co-lead aminoindane ser...
Goliath Battery Programme Enhanced by Pivotal Breakthrough from Ilika
October 04, 2024 07:52 AM BST| By Team Kalkine MediaHighlights:,Pioneering Technology,: Ilika PLC specializes in innovative solid-state battery technology, catering to diverse applications across medtech, industrial IoT, electric vehicles, and consumer electronics.,Safety Advances,: Recent testing con...
Cybertruck Rear Camera Issue Leads to 27,000-Vehicle Recall by Tesla
October 03, 2024 05:15 PM BST| By Team Kalkine MediaHighlights:,Tesla has recalled over 27,000 Cybertrucks in the US due to a rear-view camera delay, which will be fixed via a software update.,The recall is the largest related to the Cybertruck, following smaller recalls for other issues earlier this...
