Industrial


 Are Royal Mail Shares Still a Sell After Union Criticism?

Are Royal Mail Shares Still a Sell After Union Criticism?

September 25, 2024 01:45 AM AEST| By Team Kalkine Media

Panmure Liberum has issued a response to the Communication Workers Union (CWU) speech delivered at the Labour Party conference, reaffirming its 'sell' recommendation for International Distributions Services PLC (LSE: IDS), the parent company of Royal...

 Nuclear Ambitions: Mini Power Plants Are Supporting Rolls-Royce Share Price

Nuclear Ambitions: Mini Power Plants Are Supporting Rolls-Royce Share Price

September 24, 2024 08:17 PM AEST| By Team Kalkine Media

The Rolls-Royce,(LSE:RR),share price continues to show resilience, steadily gaining despite recent market volatility. The company has emerged as one of the UK's notable success stories since the Covid-19 pandemic, although questions about its future...

 SThree Reports UK as Worst Performer Amid Declining Recruitment Fees

SThree Reports UK as Worst Performer Amid Declining Recruitment Fees

September 24, 2024 07:25 PM AEST| By Team Kalkine Media

Recruiter SThree PLC (LSE: STEM) has issued a warning regarding the challenging conditions in the STEM contractor staffing sector, reporting an 8% decline in group fees for the three-month period ending in August. This downturn reflects broader trend...

 MyCelx Falls as Revenue Guidance Delayed Due to Order Setback

MyCelx Falls as Revenue Guidance Delayed Due to Order Setback

September 24, 2024 01:56 AM AEST| By Team Kalkine Media

MyCelx Technologies (LON: MYX) saw its shares fall by over 17% on Monday following a significant revision to its revenue outlook for the year. The company now anticipates annual revenue to be between US$4.5 million (£3.5 million) and US$5.0 million,...

 Galliford Try Enhances Risk-Managed Growth Strategy and Raises Dividend

Galliford Try Enhances Risk-Managed Growth Strategy and Raises Dividend

September 23, 2024 08:24 PM AEST| By Team Kalkine Media

Galliford Try Holdings PLC,(LSE:GFRD),is a prominent UK contractor dedicated to delivering high-quality buildings and infrastructure for communities across the nation. With a robust portfolio that spans private and public clients, the company special...

 Ceres Power Sign-Ups Set for Highlight Next Week

Ceres Power Sign-Ups Set for Highlight Next Week

September 20, 2024 10:09 PM AEST| By Team Kalkine Media

Ceres Power Holdings PLC,(LSE:CWR),provided an update on its 2024 guidance in July, setting the stage for next week’s trading update, which may largely reiterate previous announcements. UBS notes that this update will be particularly significant with...

 Mercedes-Benz Shares Fall on Profit Warning Amid China Weakness

Mercedes-Benz Shares Fall on Profit Warning Amid China Weakness

September 20, 2024 08:50 PM AEST| By Team Kalkine Media

Shares in Mercedes-Benz Group,(LSE:0NXX),experienced a significant drop on Friday following the company’s decision to reduce its full-year guidance, primarily due to ongoing challenges in the Chinese market. The German automaker announced that its ad...

 FedEx slumps after reporting its 'worst quarter' in a decade.

FedEx slumps after reporting its 'worst quarter' in a decade.

September 20, 2024 08:10 PM AEST| By Team Kalkine Media

FedEx,(NYSE:FDX),experienced a significant decline in overnight trading after the company warned that its full-year earnings would fall short of previous guidance, following a challenging first quarter. Analysts noted that the extent of the shortfall...

 Volution Plans to Acquire Fantech Australasia for Up to AUD 280 Million

Volution Plans to Acquire Fantech Australasia for Up to AUD 280 Million

September 20, 2024 06:19 PM AEST| By Team Kalkine Media

Volution announced on Friday that it has reached an agreement to acquire Fantech Group in Australasia from Elta Group for a total of up to AUD280 million. The transaction involves an initial payment of AUD220 million on a debt-free and cash-free basi...

 Volution Expands Presence in Australia with Fantech Acquisition

Volution Expands Presence in Australia with Fantech Acquisition

September 20, 2024 04:52 PM AEST| By Team Kalkine Media

Volution Group PLC,(LSE:FAN),, a ventilation manufacturer listed on the FTSE 250, has announced the acquisition of Fantech Australasia from its UK parent company, Elta Group, for AUD$220 million (£112.9 million). This acquisition marks a significant...

 Babcock Makes Waves with Reassuring Periscope Update

Babcock Makes Waves with Reassuring Periscope Update

September 19, 2024 09:25 PM AEST| By Team Kalkine Media

Shares of Babcock International PLC (LSE:BAB) increased by 3.5% following the company’s update on trading performance for the five months leading up to 31 August. The defence contractor reported that trading has been encouraging and aligns with the b...

 Carmakers Urge EU for Relief as Battery EV Sales Decline

Carmakers Urge EU for Relief as Battery EV Sales Decline

September 19, 2024 09:14 PM AEST| By Team Kalkine Media

European automobile manufacturers have called on the EU to urgently implement relief measures following recent data indicating that fully electric vehicles (EVs) represented only 12.5% of new car registrations during the first seven months of 2024. T...

 Rolls-Royce Selected to Supply Mini Nuclear Reactors to Czech Republic

Rolls-Royce Selected to Supply Mini Nuclear Reactors to Czech Republic

September 19, 2024 06:10 PM AEST| By Team Kalkine Media

Rolls-Royce Holdings PLC,(LSE:RR),has been designated as the preferred supplier of civil aerospace reactors by the state-owned Czech utility company ČEZ Group. This announcement has been described as a "landmark" development by Chris Cholerton, the c...

 AFC Energy Launches Hymatec for Ammonia Cracking

AFC Energy Launches Hymatec for Ammonia Cracking

September 19, 2024 12:55 AM AEST| By Team Kalkine Media

AFC Energy (LSE:AFC), a company specializing in hydrogen power generation technologies, unveiled its new subsidiary, Hyamtec, on Wednesday. This wholly-owned entity has been established to commercialize AFC Energy’s advanced distributed ammonia crack...

 AFC Energy Unveils Hyamtec Hydrogen Ammonia Cracker Business

AFC Energy Unveils Hyamtec Hydrogen Ammonia Cracker Business

September 18, 2024 05:06 PM AEST| By Team Kalkine Media

AFC Energy PLC,(LSE:AFC),has announced the establishment of a new subsidiary, Hyamtec Limited, aimed at commercializing its ammonia cracker technology. This initiative is part of the company’s strategic focus on providing scalable, low-cost hydrogen...

 Rexel Shares Surge After €8.4bn QXO Bid Rejected

Rexel Shares Surge After €8.4bn QXO Bid Rejected

September 16, 2024 06:04 PM AEST| By Team Kalkine Media

Shares in Rexel,(LSE:0KBZ),surged on Monday after the French electrical parts company rejected a takeover offer from the US-based QXO, which valued the firm at €8.46 billion.,The initial bid from QXO, offering up to €28.40 per share, was deemed by Re...

 Synectics Reports Trading 'Significantly Ahead' of Previous Guidance

Synectics Reports Trading 'Significantly Ahead' of Previous Guidance

September 16, 2024 06:04 PM AEST| By Team Kalkine Media

Synectics,(LSE:SNX),experienced a notable increase in share value during early Monday trading following the announcement of continued positive momentum in the third quarter. The company, renowned for its advanced security and surveillance systems, di...

 Harland & Wolff Group Takes Action and Appoints Administrators

Harland & Wolff Group Takes Action and Appoints Administrators

September 16, 2024 06:04 PM AEST| By Team Kalkine Media

Harland & Wolff Group Holdings PLC (LSE: HARL), the Belfast-based shipyard operator, has announced its entry into administration this week, confirming its insolvency. This decision comes after months of uncertainty surrounding the company, which was...

 Galliford Try’s Audit Delay Doesn’t Reflect Trading Performance

Galliford Try’s Audit Delay Doesn’t Reflect Trading Performance

September 16, 2024 06:04 PM AEST| By Team Kalkine Media

City analysts have provided clarification regarding the delay in Galliford Try Holdings PLC,(LSE:GFRD),’s full-year results, which were initially scheduled for release this Thursday. The delay is attributed to external auditing issues rather than any...

 EQTEC Poised to Become Dedicated Waste-to-Value Technology Provider

EQTEC Poised to Become Dedicated Waste-to-Value Technology Provider

September 16, 2024 05:36 PM AEST| By Team Kalkine Media

EQTEC PLC a global leader in clean technology, specializes in sustainable waste-to-value solutions through its proprietary Advanced Gasification Technology. This patented technology effectively and sustainably converts a broad spectrum of waste produ...

AI on the Rise: A Look at Top AI Companies and Their Stocks

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