Guess? stock falls after slight fiscal 1Q revenue miss
The Los Angeles designer was hurt by higher operating costs, impairment charges and weakness in sales from Asia.
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Joules expects profit to meet top end of market forecasts
The fashion retailer said the robust margin performance it reported in the first half was maintained throughout the rest of the year
Card Factory celebrates positive start to year but caution remains
The FTSE 250-listed retailer reported total growth of 6.4% in the three months to 30 April, with like-for-like sales up 2.3% compared to the 3% and flat LFL sales seen last year
De La Rue gets lift as BoE awards it and Australia’s CCL Secure contract to produce polymer for banknotes
The Banks of England said it has awarded the two companies an eight-year contract to produce the polymer for a new plastic £50 banknote and future £5 and £10 notes
Bagir shares slump as it awaits investment funds
It is still waiting on US$13.2mln of the US$16.5mln investment from Shandong Ruyi.
De La Rue boss steps down as secure printer issues profit warning, unveils cost-cutting plan
The group expects 2020 operating profit will be “somewhat lower” than the current year as tough competition in the banknote print industry squeezes margins
JPMorgan starts Diploma with ‘overweight’ rating, prefers to Electrocomponents started as ‘neutral’
The bank’s analysts said: “We view both Diploma and Electrocomponents as being high-quality operators compared to most other distributors”
Floor coverings distributor Headlam makes “pleasing” start to 2019
Total sales were up 5.5% in the opening four months of 2019, with growth coming from the commercial sector in the UK and the residential sector in Europe
Churchill China remains confident its full-year performance “will be in line with market expectations”
The ceramic products firm’s chairman, Alan McWalter will tell shareholders: “Growth has remained strong in Europe, supported by the opening of our Rotterdam distribution centre"
Portmeirion shares crack as it warns overseas troubles will put a big dent in this year’s profits
While the UK and US are performing well, Portmeirion has seen a bigger-than-expected drop in sales in some of its overseas markets, particularly Korea
Diploma dips on caution over industrial seals slowdown
New CEO Johnny Thomson said: “Despite macroeconomic uncertainties, the group remains on track to deliver good growth in revenues with modest margin progression for the full year”
Symphony Environmental says EU drops investigation into oxo-plastics
Symphony produces an oxo-biodegradable plastic branded as d2W
Joules appoints former Asda commercial director as new CEO
Nick Jones, who also served as a director at Marks & Spencer, would take up the top job before the end of the year, replacing long-time CEO Colin Porter
Symphony expects “significant growth” in second half of the year
“The development of new products for each of our d2w and d2p technologies continues at a satisfactory pace, and we remain encouraged by their growth prospects”
McBride plunges as boss steps down after latest profit warning
Since the beginning of last year, McBride has issued a handful of profit warnings, and chief executive Rik De Vos has decided to stand down following this latest misstep
Reckitt 'remains involved' in US probes, sniffs at weak cold and flu season
Chief executive Rakesh Kapoor expects growth to be weighted to the second half of the year
PZ Cussons issues short but reassuring trading statement
After the company's profit warning in January, the market was relieved that there was no bad news in Thursday's update; in fact, it was such a short statement, there was hardly any news in it
IG Design unwraps another strong quarter
"It is particularly pleasing to have achieved significant organic growth whilst also benefiting from the acquisition of Impact Innovations and other investments made throughout this and prior years," said Paul Fineman, IG's CEO
Tandem Group shares jump on full-year dividend hike, news order book “considerably ahead” of last year
The AIM-listed bicycle maker, which also makes toys and has a licensing deal with The Walt Disney Company, raised its dividend by 5% to 4.31p per share as it returned to a net cash position
Bagir looking dapper as new fiscal year begins with solid sales and transformative deal with Chinese textile giant
The AIM-listed group said in an outlook statement that the first three months of its new fiscal year had seen a 46% uptick in sales to US$16.3mln