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Industrial
What Made Rolls Royce’s Shares Prices Spike on Bourses
March 17, 2021 10:31 AM GMT| By Suhita PoddarSource: aapsky, Shutterstock Summary British engine manufacturer Rolls Royce announced a collaboration with Nordic regional airline Wideroe and aeronautics company Tecnam to build an all-electric aircraft set for commercial launch in 2026. The...
5 AIM Energy Stocks That Gave Over 100% Return in Last One Year
March 16, 2021 02:11 PM GMT| By Suhita PoddarSource: Diyana Dimitrova, Shutterstock Summary US-based industry body US Solar Energy Industries Association has said that the US is expected to quadruple its solar capacity by 2030. In UK, clean energy has overtaken fossil fuels in its energy...
5 LSE-Listed UK Energy Stocks in Focus
March 14, 2021 12:47 AM GMT| By Suhita Poddarenergy sector to grow. With the world striving to tackle climate change and temperature rise, renewable energy is the big thing in the coming future. Eyeing 2050, companies are aiming to achieve net zero carbon emissions. This has created a per....
Did the repositioning of Bodycote lead to a fall in the profitability during FY20?
March 12, 2021 05:02 PM GMT| By Team Kalkine MediaSource: Picture industry, Shutterstock Summary Bodycote PLC had registered a decline of 16.9% in revenue during FY20. BOY had a robust free cash flow of £106.1 million during FY20. Return on Capital Employed stood at 9.8% during FY20....
How has Essentra managed to remain profitable during 2020 amid the Covid-19 pandemic?
March 05, 2021 01:34 PM GMT| By Team Kalkine Media> ESNT will pay the FY20 final dividend of 3.3 pence per share on 01 June 2021. Essentra PLC (LON: ESNT) is the LSE listed industrial stock. ESNT’s shares have generated a return of approximately negative 12.21% in the last 12 months. The...
Is FTSE-100 listed Melrose Industries going to sell the Nortek Air Management business?
March 04, 2021 04:34 PM GMT| By Team Kalkine MediaSource: JomNicha, Shutterstock Summary Melrose Industries PLC had reported a decline of 20.03% in statutory revenue during FY20. MRO had reported a reduction of 27% in its aerospace division revenue during FY20. MRO had generated an adjusted...
Renishaw shares jump 20% to 52-week high as founders intend to offload stakes
March 02, 2021 10:27 AM GMT| By Team Kalkine MediaSource: Dushlik, Shutterstock Summary Shares of Renishaw Plc soared nearly 20 per cent to hit an all-time high value. Renishaw shares have already recognised a gain of more than 70 per cent in the past one year. Renishaw founders have express...
How Tesla’s production halt will affect its operations
February 26, 2021 08:19 AM GMT| By Team Kalkine MediaSource: Scharfsinn, Shutterstock Summary Tesla CEO Elon Musk said that its Fremont plant was shut for two days and had re-opened on Wednesday due to parts shortage. Despite the temporary halt, Musk....
How has Solid State managed to increase its order book amid the Covid-19 pandemic?
February 23, 2021 03:19 PM GMT| By Team Kalkine MediaSource: Shutterstock Summary Solid State PLC had reported a revenue decline of 1.50% during H1 FY21 ended on 30 September 2020. SOLI had a net cash position of £4.0 million as of 30 September 2020. The open order book was £33.6 mi...
G4S Plunges 10% As Gardaworld Refuses to Revise 235-P Offer
February 22, 2021 02:55 PM GMT| By Team Kalkine MediaSummary Shares of g4s plc plunged 10 per cent on Monday after Gardaworld refused to revise takeover offer. In December 2020, both GardaWorld and AlliedUniversal separately indicated their intention to acquire the entire share capital of G4S .....
What significant factors led Royal Mail to deliver record parcel numbers amid pandemic?
February 12, 2021 03:15 PM GMT| By Hina ChowdharySummary Royal Mail Plc had reported a surge of 13.5% in its Group revenue during 9M FY21. RMG had reported the Q3 FY21 as its busiest quarter ever since its inception in terms of parcel volumes. RMG had ample liquidity of around £2.0 bil.....
How has PayPoint accelerated its strategic delivery by acquiring RSM 2000?
February 11, 2021 01:47 PM GMT| By Kunal SawhneySummary PayPoint Plc had reported a decline of 10.8% in its underlying net revenue from continuing operations to £24.5 million during Q3 FY2021 ended on 31 December 2020. PAY had completed the acquisition of Handepay Limited (“Hande.....
How has Electrocomponents managed to complete two recent acquisitions?
February 08, 2021 02:46 PM GMT| By Kunal SawhneySummary Electrocomponents Plc had reported a decline in revenue of 7.1% during H1 FY21 ended on 30 September 2020. ECM had acquired Synovos for £110 million on 12 January 2021. The digital sales contributed 62% of total revenue during H1.....
What synergies Volution Group would achieve by acquiring Sweden-based Klimatfabriken?
February 05, 2021 02:31 PM GMT| By Kunal SawhneySummary Volution Group Plc had reported a surge in revenues of 6.8% during 4M FY21 ended on 30 November 2020. The Company had a sustainable revolving credit facility of £150 million as of 02 December 2020. The Company had achieved its hi.....
Treatt Shares Spike 24% To All-Time High on Raising Profit Guidance for FY21
January 23, 2021 05:47 AM GMT| By Kunal SawhneySummary Treatt shares soared over 24 per cent on Friday after the company showed better profit guidance for FY21. The profit for the first four months of the present fiscal year is likely to surpass the previous expectations of the board. &n.....
What led Midwich Group to penetrate the Middle East region by acquiring a controlling stake in the NMK Group?
January 21, 2021 03:48 PM GMT| By Kunal SawhneySummary Midwich Group Plc had anticipated a revenue growth of 4.0% during FY20. The Company had announced regarding the acquisition of 80% stake of NMK Group on 14 December 2020. The Board had anticipated the adjusted profit before tax of arou.....
What factors led Begbies Traynor Group to proceed with its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million?
January 19, 2021 03:08 PM GMT| By Hina ChowdharySummary Begbies Traynor Group Plc had reported revenue growth of 11% during H1 FY21 ended on 31 October 2020. The Company had completed its biggest insolvency deal by acquiring CVR Global LLP for £20.8 million on 18 January 2021. The net.....
UK Prosecutors Drop Probe Against British American Tobacco (LON: BATS)
January 15, 2021 03:23 PM GMT| By Hina ChowdharySummary The UK's Serious Fraud Office has closed an investigation of suspicions of corruption on British American Tobacco which started in 2017 The probe was started after reports came in that the company had bribed officials to undermine anti-.....
What Led to A Sudden Fall in Babcock (LON: BAB) Shares?
January 15, 2021 03:18 PM GMT| By Kunal SawhneySummary Babcock International Group Plc (LON: BAB) has warned that a review of contract profitability could spell fresh dangers for the balance sheet. The underlying operating profit for the three-quarter period slumped by 34 per cent to £.....
Rolls-Royce (LON: RR.) And Factory Workers Reach Deal After Strike Over Job Cuts
January 14, 2021 12:59 PM GMT| By Hina ChowdharySummmary The long-running dispute at Rolls Royce Holdings Plc has finally been resolved FTSE 100 listed engine maker shall invest in Lancashire-based plant and transform it into a centre of excellence Workers of UK-based jet engine maker, .....
