Home » Posts tagged 'tricorn group'
Tag Archives: tricorn group
K3 Capital Group plc K3C makes no bones about the significant uncertainty being created by the countries hapless politicians and the damage they are doing to the UK’s economic and political environment in the run up to Brexit, against what is becoming an increasingly difficult backdrop. At least here is somebody prepared to stand up and paint a true picture of how harmful our rulers really are. Significant transactions which the company has been working on continue to make progress and are in advanced stages of commercial negotiation.but they continue to experience challenges and take longer to complete than anticipated, Consequently they may not close within the current financial year which ends on the 31st May. The Group has continued to perform well and four out of five income streams across the Group will see strong growth. Despite this the mishandling of the Brexit situation is damaging the prospects of these high value transactions and will inevitably lead to a temporary dip in profitability
GVC Holdings plc GVC updates that it has made an excellent start to the year with continued strong volume growth in all major territories for the quarter between 1st January and 31st March. Total online NGR grew by 17% and total group retail NGR by 8%.
Creo Medical Group plc CREO continued to deliver against its strategic objectives during the 18 months to the 31st December reflecting a period of considerable progress. A widening suite of innovative medical devices was developed, The list of physicians participating in the Clinical Education Programme as part of a training led commercialisation plan was increased and the distribution network and manufacturing capacity was evolved in anticipation of commercial launch.The operating loss of £17.7m compared to £8.9m for the12 months to 30 June 2017 and was in line with management expectations.The company feels it has now established a solid platform for future growth.
Tricorn Group plc TCN expects profit before tax for the year to the 31st March to be about 30% up on the previous year, whilst revenue for the Year is expected to be around 2.5 per cent ahead.
RWS Holdings RWS After a strong first half performance, record revenues of not less than £76m are expected for the six months to 31st March, a rise of 33% on 2016. Adjusted profit before tax is expected to show a rise of 36.7%. Following the acquisition of LUZ in February, integration of which has proceeded smoothly, RWS is now a major force in Life Sciences and a premier global supplier of intellectual property support services. This makes it an attractive home for niche companies specialising in these fields. Further expansion and further progress are expected during the remainder of the year.
The share price has risen by over 50% since May 2016 and now stands at 340p.
WH Smith SMWH is increasing its interim dividend by 9%, after what it calls a good first half in which group revenue remained flat but group trading profit rose by 5% and earnings per share by 7%. Travel was particularly strong with a like for like sales rise of 5%.
PageGroup plc PAGE produced a record first quarter with gross profit growth of 9.1%. Regional profits grew strongly on a world wide basis except for the UK which lagged way, way behind and actually managed to produce a decline of 0.1%, all due it is claimed, believe it or not, to the uncertainties created by Brexit
HydroDec Group HYR First quarter revenue grew by 25% over quarter 1 2016, leading the company to believe that it will have achieved positive EBITDA. Further growth in both revenue and EBITDA is expected for the remainder of the year, as further progress is made in establishing the company as a profitable business.
Tricorn Group TCN benefited from an improvement in trading towards the end of the year with second half revenue up by 7.5% on the first half and 20% on the second half of 2016. The energy division was particularly strong and it is anticipated that adjusted profits before tax for the year to 31st March will now exceed market expectations.
D4t4 Solutions D4T4 expects that profits (excluding foreign exchange gains) will be ahead of current market expectations for the year to the 31st March. Software revenue and recurring revenues both showed strong growth with sales of Cerebrus rising by 48%. The company claims it is in robust shape.