Smith & Nephew (SN.); revenue up 4.4% to $1,202m for Q1 2019
Smith & Nephew posted its trading statement for the first quarter ended 30 March 2019, showing that mid-teens improved from Emerging Markets, aided by a strong quarter in China
Smith & Nephew posted its trading statement for the first quarter ended 30 March 2019, showing that mid-teens improved from Emerging Markets, aided by a strong quarter in China. Rapid growth was achieved in M&A strategy by gaining additional growth drivers and building the technology base.
Read more...IQE (IQE); received its first mass production order from its new Mega Epi foundry
IQE announced its newly constructed Newport Mega Foundry has received its first mass production order from its leading existing VCSEL customer
IQE believes that this achievement of full product qualification status is the result of extensive quality and process audits by the customer and their end OEM, as well as its product qualification trials including full reliability testing.
Read more...Witan Investment Trust (WTAN); announces the payment of a first interim dividend
Witan Investment Trust announced its first interim dividend of 1.175p per ordinary share of 25p for the year ending 31 December 2019
Witan Investment Trust announced its first interim dividend of 1.175p per ordinary share of 25p for the year ending 31 December 2019. This interim dividend will be paid on 24 June 2019 to shareholders registered at the close of business on Friday 31 May 2019. The ex-dividend date is 30 May 2019.
Read more...Fidelity Special Values (FSV); NAV total return of -6.1%, FTSE All- Share Index returns -3.7%
Fidelity’s board in their H1 report ended February 2019 recommends an interim dividend per share of 2.10p, up 13.5% from last year
Fidelity’s board in their H1 report ended February 2019 recommends an interim dividend per share of 2.10p, up 13.5% from last year. NAV returned +37.2% over three years and +38.4% over five years. The premium dropped from 1.5% to 0.9%, due to the share price total return of -6.7%.
Read more...Osirium Technologies (OSI); launches first secure IT process automation solution
Osirium’s solution increases the IT service desk’s productivity, while also improving corporate security
Osirium announced the immediate availability of Opus, its secure IT process automation solution, setting a new benchmark in privileged IT process automation. The solution builds on Osirium’s proven success in privileged task automation, providing a highly-flexible platform to automate essential IT processes.
Read more...Avon Rubber (AVON); revenue decreases 5.3% to £73.6m in H1 2019
Avon Rubber reported its half-year results for the six months ending 31 March 2019, showing that operating profit decreased 61.6% to £3.8m and PBT decreased 63.8% to £3.4m
Avon Rubber reported its half-year results for the six months ending 31 March 2019, showing that operating profit decreased 61.6% to £3.8m and PBT decreased 63.8% to £3.4m. Basic EPS was 9.1p and net cash stood at £46.8m. Interim dividend per share rose 30% to 6.94p.
Read more...London Stock Exchange Group (LSE); Q1 2019 total income up 5% YoY to £546m
The London Stock Exchange acquired a minority stake in Euroclear, whilst launching new services in post trade and Information service
Despite challenging market conditions during the quarter ending 31 March 2019, the London Stock Exchange performed well. The exchange acquired a minority stake in Euroclear, whilst launching new services in post trade and Information service.
Read more...SCISYS Group (SSY); secures contract worth €9.7m orders for Galileo Ground Segment work
SCISYS Group announced that SCISYS Deutschland GmbH has secured two further orders from Thales Alenia Space France
SCISYS Group announced that SCISYS Deutschland GmbH has secured two further orders from Thales Alenia Space France. The contract will be for the development and implementation of security-relevant elements within the Galileo Ground Segment.
Read more...Solid State (SOLI); posts year-end trading update
Solid State announced its trading update for the year ended 31 March 2019, demonstrating YOY revenue is expected to be ahead of expectations at circa £56m representing growth of over 20% (2018: £46.3m)
Solid State announced its trading update for the year ended 31 March 2019, demonstrating YOY revenue is expected to be ahead of expectations at circa £56m representing growth of over 20% (2018: £46.3m). Solid State’s profit for the year-end will be slightly ahead of upgraded market consensus forecasts, which are £3.5m adjusted profit before tax.
Read more...IQE (IQE); Unveils Advanced RF Filter Materials Portfolio at CS-Mantech
IQE is working with several Tier 1 chip providers, which will improve IQE’s technological capabilities to meet their specific design requirements
IQE’s technology is applicable to both high performance SAW and BAW filters. IQE is working with several Tier 1 chip providers, which will improve IQE’s technological capabilities to meet their specific design requirements.
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