Home » News and Views » Corporate news review Friday 25th August 2017

Corporate news review Friday 25th August 2017

Air Partner AIP reports a strong start to the year with underlying pre-tax profit for the first half of the financial year expected to be not less than £4m, (2016: £3m) and with a strong net cash position. AIP also reports an encouraging pipeline of opportunities for the second half of the financial year.

Boot (Henry) BOOT reports an 82% hike in interim revenues to £195.4m (2016: £107.3m) driven by higher levels of activity across all business segments. PBT rose 8.7% to £22.6m, with EPS 10.1% higher at 13.1p.

Computacenter CCC reports a 58.7% hike in adjusted PBT to £41.9m, on revenues up 8.7% to £1.7bn. Statutory diluted EPS rose 114.4% to 28.3 pence, resulting in an overall performance marginally ahead of board expectations. Higher profit growth than expected in the first half is expected to return CCC to a more historical norm in the balance of profits between H1 and H2.

WYG Plc WYG says it continues to expect revenue for the current year to exceed £160m, but warns that expectations of near term operating performance means that operating profit (before separately disclosed items and share based payments) for the half year will be significantly lower than previously.

Nanoco Group NANO updates on trading for the full year and says unaudited revenues and other operating income were in line with expectations. NANO has unaudited net cash of £5.7m at 31 July 2017 (£8.3m at 31 Jan 2017) and was in line with expectations.


Leave a comment

I would like to receive Brand Communications updates and news...
Free Stock Updates & News
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.