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Industrial
Renew, Kier, Keller Shares Surge After the Announcement of Green Homes Grant
October 01, 2020 10:55 PM AEST| By Kunal SawhneySummary The UK government has launched a scheme, Green Homes Grant, for the benefit of homeowners and residential landlords According to the government directive, the voucher covers costs including the expenses related to labour and materials a.....
Is Rolls-Royce Looking for Fund Raising for Financial Resilience?
September 28, 2020 10:55 PM AEST| By Kunal SawhneySummary Rolls-Royce is reportedly looking to improve its liquidity position by tapping investors for £2.5 billion Group’s revenue was severely impacted by Covid-19 and declined by 24 per cent in H1 2020 Company is carrying out majo.....
Performance Review of Two Industrial Stocks - Strix Group PLC & Xeros Technology Group PLC
September 26, 2020 11:55 AM AEST| By Team Kalkine MediaSummary Strix Group reported 21 percent year on year decline in revenue in H1 FY20 following the challenging economic conditions. Kettle control business was severely impacted in H1 FY20 as close to 90 percent of kettles are manufactured in Chi.....
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British Outsourcer Serco Looking for Acquisition to Beat the Market Blues
September 23, 2020 05:47 AM AEST| By Team Kalkine MediaSummary Given the less outsourcing business available, many firms are seeing their businesses shrink to unsustainable levels. Serco’s primary business, of providing outsourcing services to public sector and the government has come under p.....
Polypipe Group Plc Looks to Be on Road to Recovery
September 18, 2020 06:02 AM AEST| By Team Kalkine MediaSummary With the onset of the deadly disease of Covid-19, most of the construction activity came to a halt Polypipe saw it’s like-for-like revenue falling in the six months to 30 June; however, the company bounced back faster than expecte.....
Updates on Two Industrial Stocks Trending on LSE - Chemring Group PLC & Cohort PLC
September 16, 2020 11:44 PM AEST| By Kunal SawhneySummary Chemring Group’s order book stood at £452 million as on 31 August 2020, and it grew by 4 percent year on year. Cohort PLC highlighted that the new export opportunities remain subdued due to the current travel restrictions. .....
G4S Turndown the £3bn Acquisition Offer Made by GardaWorld
September 16, 2020 06:43 PM AEST| By Team Kalkine MediaG4S, the security firm of the United Kingdom, had been offered a £3 billion ($3.8 billion) hostile takeover bid from its Canadian rival GardaWorld, which was ultimately rejected by the company, on the ground that it was it belittles the compa.....
Performance Review of Two FTSE Listed Stocks - Marshalls PLC & Polypipe Group PLC
September 15, 2020 02:34 PM AEST| By Team Kalkine MediaThe UK construction output grew by 17.6 percent in July 2020 as reported by the Office for National Statistics. Marshalls PLC (LON: MSLH) & Polypipe Group PLC (LON: PLP) are two construction & materials stocks listed on the FTSE-250 index. .....
Coronavirus impact: Royal Mail looks to end delivery of letters on Saturday
September 11, 2020 06:50 AM AEST| By Team Kalkine MediaSummary Royal Mail has hinted on asking the Ofcom to end its services of delivering letters on Saturdays. The company believed that the coronavirus pandemic has speeded up the long-term reduction in volume of letters, besides surge in online sh.....
How is the Needle Moving on Two LSE Stocks - Breedon Group & Renew Holdings?
September 07, 2020 11:25 PM AEST| By Kunal SawhneySummary Breedon Group's revenue declined by 25 percent year on year in H1 FY2020. The underlying EBIT loss was £0.6 million. The business performance was impacted by the shutdown of operations and halt in construction activities due to th.....
Performance Review of Two Industrial Stocks - Melrose Industries PLC & Weir Group PLC
September 04, 2020 11:20 PM AEST| By Kunal SawhneySummary Melrose Industries reported adjusted revenue of £4,359 million in H1 FY2020. The revenue declined by 25.80 percent year on year due to the covid-19 impact. The business activity improved in July 2020 and August 2020. Weir Group's.....
Performance Review of Two Industrial Stocks - Renishaw PLC & Morgan Advanced Materials PLC
September 02, 2020 11:20 PM AEST| By Hina ChowdharySummary Renishaw’s revenue declined by 11 percent year on year to £510.2 million in FY2020 due to macroeconomic conditions and pandemic. The profit after tax stood at £0.3 million in FY2020. Morgan Advanced Materials reported.....
Financial Results Review of Two FTSE Stocks – Bunzl PLC & Studio Retail Group PLC
August 25, 2020 11:35 PM AEST| By Team Kalkine MediaSummary Bunzl PLC's covid-19 related products generated revenue of £1,040 million in H1 FY2020. Bunzl PLC reported an increase in earnings per share of 16.1 percent year on year in H1 FY2020. Bunzl PLC would complete the acquisition of M.....
Performance Review of Two AIM Listed Stocks – Mears Group & Essensys
August 19, 2020 11:10 PM AEST| By Kunal SawhneySummary Mears Group won the maintenance contract of close £120.0 million in H1 FY2020. Mears Group had an order book of £2.7 billion in H1 FY2020. Mears Group highlighted pickup in the maintenance work in June and July 2020. Essen.....
Quick Insights on Two AIM Listed Trending Stocks: Byotrol PLC & Provexis PLC
August 18, 2020 11:22 PM AEST| By Kunal SawhneySummary Byotrol reported sales of about £3.4 million in Q1 FY2021. Byotrol highlighted that the FY2021 revenue and EBITDA would be ahead of the market expectation. Byotrol entered a new license agreement with Integrated Resources Interna.....
Significant Developments Unveiled by 2 FTSE-250 Listed Stocks: Renishaw & National Express Group
August 15, 2020 06:15 AM AEST| By Kunal SawhneySummary Renishaw expects challenging market after reporting 97% fall in full-year FY20 profit. Renishaw is axing jobs and cancelling dividends to cope with the crisis. National Express reported a 22 percent revenue drop in H1 FY20 despite 80 p.....
Two FTSE 250 Listed Stocks Trending on LSE - Balfour Beatty & John Laing Group
August 15, 2020 06:12 AM AEST| By Team Kalkine MediaSummary Balfour Beatty expects the operating profit to normalize to FY2019 level in FY2021. Balfour Beatty cancelled the final dividend for FY2019. John Laing Group appointed Ben Loomes as the new CEO from May 2020. John Laing Group divested .....
Needle moving on two FTSE listed trending stocks: Tyman PLC & RM PLC
August 08, 2020 02:10 PM AEST| By Kunal SawhneyTYMN is an industrials stock, whereas RM is a technology stock. Let's walk through the recent financial and operational updates of two companies. Tyman PLC (LON: TYMN) – Expects H2 FY20 to be better than H1 FY20 Tyman PLC is a UK based comp.....
Two Trending Stocks Listed on the AIM Index - Newmark Security PLC & Oilex LTD
August 07, 2020 02:20 PM AEST| By Kunal SawhneyNWT is an industrials stock, and OEX is an energy stock. Based on the 1-year performance NWT was up by close to 74.58 percent, whereas OEX was down by close to 27.00 percent, respectively (as on 7 August 2020 before the market close at 11:50 AM GMT.....
Business Review of Two Stocks Trending on AIM - Falanx Group Limited & Ormonde Mining PLC
August 06, 2020 02:12 PM AEST| By Hina ChowdharyFLX is an industrial stock, whereas ORM is a basic materials stock. Based on 1-year performance, both FLX and ORM were down by about 25.94 percent and 74.60 percent, respectively. FLX and ORM were up by close to 24.39 percent and 14.29 percent, res.....
AI on the Rise: A Look at Top AI Companies and Their Stocks