News Results for Elecosoft (ELCO)

  • 14 Jul
    09:17
    Elecosoft profit rises 23% in H1 as revenue 'held up well'

    Software company Elecosoft reported that first-half profit rose by nearly a quarter as revenue 'held up well' amid the ongoing Covid-19 pandemic. For the six months ended 30 June 2020, pre-tax...

  • 04 Jun
    10:07
    Elecosoft sees profit up by quarter in first four months of year

    Software development company Elecosoft said it expected that profit rose by a quarter in the first four months of the year even as revenue slipped owing to the impact from the Covid-19 pandemic....

  • 11 May
    09:17
    Elecosoft profit up 45%, but forgoes final dividend recommendation amid Covid-19 uncertainty

    Construction software specialist Elecosoft said it would not pay a final annual dividend as it looked to conserve cash amid Covid-19 uncertainty even as the company reported a jump in profit on...

  • 07 Apr
    14:17
    Elecosoft rules out 2019 final dividend; braces for operational disruptions

    Construction software group Elecosoft said it wouldn't pay a final dividend for 2019 to to the potential impact on its business from the Covid-19 crisis. The company said it had traded well in the...

  • 21 Jan
    13:45
    Elecosoft forecast improved annual results

    Construction software group Elecosoft said it expected its annual results to be ahead of the prior year and in line with market expectations In a trading update for the year through December, the...

  • 24 Sep
    09:38
    Elecosoft sees profits rise with net debt significantly lowered

    Elecosoft saw its net income grow to £1.29m from £0.95m as revenues increased 20% to £12.71m as announced in its interim results for the period ending 30 June 2019. Highlights of the year included...

  • 07 Aug
    09:34
    Elecosoft revenue jumps 22% in H1

    Elecosoft said half-yearly revenue increased by 22% and added that it would focus efforts on generating positive cash flow in the second half of the year. Unaudited revenue for the period...

  • 09 May
    09:28
    Elecosoft Q1 results meet expectations driven by strength in construction, visualisation software businesses

    Elecosoft said its international spread and strength of its core construction and visualisation software businesses helped deliver first-quarter profits in line with market expectations. For the...

  • 19 Mar
    09:56
    Elecosoft profits boosted by solid growth in UK and Germany markets

    Elecosoft profits rose 8% as revenue grew by more than tenth supported by 'solid' growth in its UK and Germany markets. For the year ended 31 December 2018, pre-tax profits rose 8% to £2.4m and...

  • 25 Jan
    10:06
    Elecosoft expects full year results in line with market expectations

    Elecosoft said Friday it expected full-year results 'significantly higher' than that of last year and 'comfortably' in line with market expectations as acquisitions helped bolster performance....

  • 12 Sep
    14:56
    Elecosoft profit grows on higher sales

    Construction software specialist Elecosoft reported a rise in first-half profit underpinned by rising revenue. Pre-tax profit for the six months through June rose to £1.2m, up from £1.0m on-year,...

  • 05 Jul
    08:50
    Broker Forecast - finnCap issues a broker note on Elecosoft PLC

    finnCap today reaffirms its corporate investment rating on Elecosoft PLC (LON:ELCO) and raised its price target to 88p (from 85p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 14 Jun
    09:00
    Director Deals - Elecosoft PLC (ELCO)

    John Ketteley, Chairman, bought 63,729 shares in the company on the 31st May 2018 at a price of 49.60p. The Director now holds 9,132,048 shares. NOTE: Scrip Dividend Issue Story provided by...

  • 14 Jun
    09:00
    Director Deals - Elecosoft PLC (ELCO)

    Jonathan Hunter, Executive Director, bought 132 shares in the company on the 31st May 2018 at a price of 49.60p. The Director now holds 16,514 shares. NOTE: Scrip Dividend Issue Story provided by...

  • 14 Jun
    09:00
    Director Deals - Elecosoft PLC (ELCO)

    David Dannhauser, Non Executive Director, bought 604 shares in the company on the 31st May 2018 at a price of 49.60p. The Director now holds 445,604 shares. NOTE: Scrip Dividend Issue Story...

  • 06 Jun
    08:33
    Elecosoft appoints Mukul Mistry as Corporate Development Director

    International construction software specialist Elecosoft said Wednesday it had appointed Mukul Mistry as Corporate Development Director. Mukul Mistry has had extensive international experience in...

  • 17 May
    10:46
    Elecosoft reports 'significantly higher' pretax profit as revenues jump 7%

    Elecosoft said Thursday profit before tax in the first four months of the year was in line with market expectations and 'significantly higher' than the prior year, supported by higher revenue and...

  • 17 May
    08:40
    Broker Forecast - finnCap issues a broker note on Elecosoft PLC

    finnCap today reaffirms its corporate investment rating on Elecosoft PLC (LON:ELCO) and raised its price target to 85p (from 65p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 27 Mar
    14:53
    Elecosoft profit, dividend both up 50%

    Construction software group Elecosoft said its annual pre-tax profit rose by 50% to £2.3m, on the back of a 12% increase in revenue. The company declared a full-year dividend of 0.6p, up 50%, with...

  • 27 Mar
    09:40
    Broker Forecast - finnCap issues a broker note on Elecosoft PLC

    finnCap today reaffirms its corporate investment rating on Elecosoft PLC (LON:ELCO) and raised its price target to 65p (from 62p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 23 Jan
    14:49
    Elecosoft says trading as expected

    Software group Elecosoft said its revenue and profit for 2017 were expected to be significantly above the previous year and in line with market expectations. "Elecosoft's strong conversion of...

  • 23 Jan
    11:50
    Broker Forecast - finnCap issues a broker note on Eleco PLC

    finnCap today reaffirms its corporate investment rating on Eleco PLC (LON:ELCO) and raised its price target to 62p (from 55p). Story provided by StockMarketWire.com

  • 22 Dec
    09:06
    Elecosoft appoints COO

    Elecosoft has appointed Jonathan Hunter, currently group marketing and business development director, as chief operating officer. The board also announced that Jason Ruddle, has resigned as a...

  • 20 Nov
    09:56
    Elecosoft clinches two awards at The Hammers

    Elecosoft has been awarded the 'Project Management/Planning Product of the Year' and 'Best Use of IT in a Construction Project 2017' at the Construction Computing Awards 2017 - The Hammers on 16...

  • 15 Nov
    08:09
    Elecosoft appoints finance director

    Elecosoft has appointed Simon Morgan as finance director with immediate effect. Elecosoft said that Morgan had held numerous senior financial and other directorships in digital publishing, SaaS...

  • 08 Nov
    09:00
    Director Deals - Eleco PLC (ELCO)

    Kevin Craig, Non Executive Director, bought 22,060 shares in the company on the 3rd November 2017 at a price of 45.00p. The Director now holds 22,060 shares. Story provided by...

  • 25 Sep
    10:00
    Broker Forecast - finnCap issues a broker note on Eleco PLC

    finnCap today reaffirms its corporate investment rating on Eleco PLC (LON:ELCO) and raised its price target to 55p (from 50p). Story provided by StockMarketWire.com

  • 25 Sep
    07:21
    Elecosoft pre-tax profits up 81% as revenues top £10m

    Elecosoft's pre-tax profits rose by 81% to £1,007,000 in the six months to the end of June. Revenue increased by 14% to £10,010,000 (2016 H1: £8,769,000) of which 48% was from recurring...

  • 25 Sep
    07:06
    FLASH: Elecosoft pre-tax profits up 81%

    Story provided by StockMarketWire.com

  • 18 Sep
    09:14
    Elecosoft schedules interims

    Elecosoft will announce its results for the six months to the end of June on 25 Sep. At 9:14am: (LON:ELCO) Eleco PLC share price was 0p at 43.25p Story provided by StockMarketWire.com

  • 17 Jul
    07:29
    Elecosoft has encouraging first half

    Elecosoft has reported an encouraging trading performance in the six months ending 30 June. It said that unaudited sales for the period, based on management accounts, were ahead of those for the...

  • 05 May
    08:48
    Elecosoft resolutions passed at AGM

    Elecosoft has confirmed that all resolutions put to the annual general meeting yesterday were passed. At 8:48am: (LON:ELCO) Eleco PLC share price was 0p at 47.5p Story provided by...

  • 04 May
    14:06
    Elecosoft turnover up, PBT in-line

    Elecosoft has reported that turnover for the three-month period ended 31 March 2017 increased by 17%, compared to the same period last year. Profit Before Tax was also said to be tracking in-line...

  • 04 May
    13:55
    Elecosoft names new non-exec deputy chairman

    Elecosoft has confirmed that Serena Lang has agreed to become Non-Executive Deputy Chairman of the Company. John Ketteley, Executive Chairman of Elecosoft, commented: "I am delighted that Serena...

  • 10 Apr
    09:22
    Elecosoft schedules AGM

    Elecosoft will hold its annual general meeting at Brewers Hall, Alderman Square, London EC2V 7HR, on 4 May at noon. At 9:22am: (LON:ELCO) Eleco PLC share price was 0p at 46p Story provided by...

  • 27 Mar
    09:40
    Broker Forecast - finnCap issues a broker note on Elecosoft

    finnCap reaffirmed its corporate investment rating on Elecosoft (LON:ELCO) and raised its price target to 50p (from 40p). Story provided by StockMarketWire.com

  • 20 Mar
    13:33
    Elecosoft schedules FY results

    Elecosoft has confirmed that the Company will announce its results for the year ended 31 December 2016 27 March 2017. At 1:33pm: (LON:ELCO) Eleco PLC share price was 0p at 37p Story provided...

  • 30 Jan
    15:57
    Elecosoft appoints group finance director

    Elecosoft has appointed David Pearson as group finance director from 20 February. Elecosoft said Pearson has 25 years' experience across capital markets, financial services and manufacturing...

  • 20 Jan
    10:10
    Broker Forecast - finnCap issues a broker note on Eleco PLC

    finnCap today reaffirms its corporate investment rating on Eleco PLC (LON:ELCO) and raised its price target to 40p (from 35p). Story provided by StockMarketWire.com

  • 20 Jan
    08:55
    FTSE dips with miners ahead of Trump inauguration

    London shares opened on a widely anticipated cautious note as the world turns its eyes to the US and controversial president-elect Donald Trump's inauguration at 5pm GMT in Washington. Royal Mail...

  • 20 Jan
    07:31
    Elecosoft upbeat on FY pretax profit

    Elecosoft expects pre-tax profits for the year ended 31 December to be significantly ahead of market forecasts before costs associated with the acquisition of Integrated Computing and Office...

  • 20 Jan
    07:06
    FLASH: Elecosoft significantly ahead of market forecasts

    Story provided by StockMarketWire.com

  • 06 Jan
    09:13
    Elecosoft FD to step down

    Elecosoft finance director Graham Spratling will be leaving the company upon completion of the year-end accounts. He has been with the company for nine years and the board wishes to acknowledge...

  • 14 Nov
    14:04
    Elecosoft changes registered office

    Elecosoft's registered office has changed to Parkway House, Pegasus Way, Haddenham Business Park, Haddenham, Bucks. HP17 8LJ. At 2:04pm: (LON:ELCO) Eleco PLC share price was 0p at 27.5p Story...

  • 28 Oct
    09:31
    Elecosoft issues options

    Elecosoft has issued 750,000 options under its 2015 share option plan to various directors. The options are subject to performance targets. At 9:31am: (LON:ELCO) Eleco PLC share price was 0p at...

  • 18 Oct
    08:35
    Elecosoft changes registered office

    Elecosoft's registered office address has changed to Dawson House, 5 Jewry Street, London EC3N 2EX. At 8:35am: (LON:ELCO) Eleco PLC share price was 0p at 28.5p Story provided by...

  • 17 Oct
    07:28
    Elecosoft acquires ICON

    Elecosoft has acquired Integrated Computing & Office Networking Limited for a total consideration of £2.4 million. ICON is a leading software as a service provider of building information and...

  • 17 Oct
    07:13
    FLASH: Elecosoft acquires ICON

    Story provided by StockMarketWire.com

  • 21 Sep
    07:59
    Elecosoft profits up

    Elecosoft reports revenue of £8.8m for the six months to the end of June - up 10% from last time with 47% coming from recurring maintenance and support revenue (2015: 46%). Operating profit...

  • 21 Sep
    07:09
    FLASH: Elecosoft earnings rise

    Story provided by StockMarketWire.com

  • 26 May
    15:43
    Elecosoft resolutions passed at AGM

    Elecosoft has confirmed that all resolutions proposed at its annual general meeting today were passed. At 3:43pm: (LON:ELCO) Eleco PLC share price was +0.25p at 23.25p Story provided by...

  • 18 Apr
    12:14
    Elecosoft CEO steps down

    Elecosoft has announced that Nick Caw, who was appointed CEO of Elecosoft on 2 July 2014, has now left the company to pursue new interests. The Board wishes to acknowledge Nick's significant...

  • 18 Apr
    08:09
    Elecosoft profits up

    Elecosoft's operating profit rose by 24% to GBP1.1m in the year to the end of December from a restated GBP0.9m in 2014. Profit before tax increased to GBP1.0m (2014 restated: £0.7m) and EBITDA...

  • 04 Apr
    09:55
    Elecosoft schedules FY results

    Elecosoft, the AIM-listed construction software specialist, will be announcing its results for the year ended 31 December on 18 April. At 9:55am: (LON:ELCO) Eleco PLC share price was 0p at...

  • 24 Nov
    09:16
    Elecosoft's Asta Powerproject wins award

    Elecosoft's project management software Asta Powerproject has won the 'Project Management/Planning Product of 2015' at Construction Computing Awards ceremony, also known as 'The Hammers', for the...

  • 24 Nov
    07:09
    FLASH: Elecosoft's Asta Powerproject wins award

    Story provided by StockMarketWire.com

  • 22 Oct
    08:53
    Elecosoft sells CA&K

    Elecosoft has sold the architectural services component of its Swedish business, Consultec Arkitekter & Konstruktörer AB, to Tyrens AB for £872,000. The company says the disposal strengthens...

  • 22 Oct
    07:05
    FLASH: Elecosoft sells CA&K

    Story provided by StockMarketWire.com

  • 17 Sep
    07:47
    Elecosoft profits up

    Elecosoft posts pre-tax profits of £502,000 for the six months to the end of June compared with a restated £423,000 a year ago. At constant currencies, pre-tax profits were £533,000, up 26%....

  • 17 Sep
    07:09
    FLASH: Elecosoft profits up

    Story provided by StockMarketWire.com

  • 07 Sep
    09:26
    Elecosoft schedules interims

    Elecosoft will announce its results for the six months ended 30 June on 17 September. At 9:26am: (LON:ELCO) Eleco PLC share price was 0p at 25p Story provided by StockMarketWire.com

  • 08 Jul
    08:43
    Elecosoft appoints group FD

    Elecosoft has appointed Graham Spratling as group finance director. Spratling joined Elecosoft in 2007 as group financial controller, prior to which he had been a member of finance teams at...

  • 08 Jul
    07:18
    FLASH: Elecosoft appoints group FD

    Story provided by StockMarketWire.com

  • 29 Jun
    12:33
    Group finance director leaves Elecosoft

    Elecosoft has announced that Andrew Greenwood, its group finance director, has left the company. The Board expects shortly to be making an announcement regarding the appointment of his successor....

  • 16 Jun
    07:29
    Eleco changes name to Elecosoft

    Eleco has changed its name to Elecosoft plc, following approval by shareholders at the annual general meeting on 8 June. The company's change of name has now been registered at Companies House...

  • 16 Jun
    07:04
    FLASH: Eleco changes name to Elecosoft

    Story provided by StockMarketWire.com

  • 08 Jun
    14:27
    Eleco resolutions passed at AGM

    ELECO has confirmed that all resolutions proposed at its annual general meeting today were passed. At 2:27pm: (LON:ELCO) Eleco PLC share price was 0p at 25.5p Story provided by...

  • 08 Jun
    14:05
    ELECO on track

    ELECO says trading in the year to date is in line with the board's expectations. The company said trading in the period benefited from an upturn in the performance of ASTA in the UK and US,...

  • 19 May
    08:38
    Eleco's Asta to unveil product updates

    Eleco subsidiary Asta, the award winning provider of integrated construction software to the UK construction market, will be holding its annual international partner meeting today, at which it will...

  • 05 May
    07:48
    ELECO optimistic for current year

    ELECO, the AIM listed construction software specialist, has announced that for the year ended 31 December 2014 revenue was £16.5m (2013: £16.3m). Profit before tax was £0.7m (2013: £0.6m)....

  • 05 May
    07:29
    Profits improve at ELECO

    Story provided by StockMarketWire.com

  • 02 Apr
    07:47
    Eleco exhibits at the Master Investor Show

    Eleco, the AIM listed construction software specialist operating in the UK, Sweden and Germany, will be showcasing the company and its software products at the Master Investor Show 2015 at the...

  • 02 Apr
    07:01
    FLASH: Eleco exhibits at the Master Investor Show

    Story provided by StockMarketWire.com

  • 16 Feb
    13:06
    Eleco CEO granted 900,000 options

    Eleco chief executive Nick Caw has been granted options over 900,000 ordinary shares at an exercise price of 20.75p apiece. The options will become exercisable after three years if the company's...

  • 03 Feb
    07:35
    Eleco appoints group FD

    Eleco has appointed Andrew Greenwood as group finance director. His previous role was as finance director of Anite's mobile business. Greenwood, aged 57, qualified as a Chartered Accountant with...

  • 03 Feb
    07:02
    FLASH: Eleco appoints finance director

    Story provided by StockMarketWire.com

  • 29 Jan
    07:06
    FLASH: ELECO to exhibit at Innovators & Investors Forum

    Story provided by StockMarketWire.com

  • 13 Jan
    11:59
    Award winning ELECO to meet investors at key London event

    ELECO (ELCO) (ELCO.L) [LON.ELCO], which was recently voted the winner in the 'Project Management/Planning Product of 2014' category at the recent Construction Computing Awards with its Asta...

  • 09 Jan
    08:20
    Eleco director resigns

    Eleco has announced that Michael McCullen has resigned as a director of Eleco plc and Asta Development to pursue new interests. Jason Ruddle, who has had a successful career in the construction...

  • 02 Dec
    07:48
    ELECO's Asta Powerproject wins award

    ELECO's Asta Powerproject software has been voted this year's winner in the 'Project Management/Planning Product of 2014' category at the recent Construction Computing Awards ceremony, also known...

  • 02 Dec
    07:21
    FLASH: ELECO's Asta Powerproject wins award

    Story provided by StockMarketWire.com

  • 01 Dec
    15:33
    ELECO strengthens its board

    ELECO has appointed Serena Lang as a non-executive director of the company, with immediate effect. Lang, 44, was formerly a senior executive for the operations management division of Invensys, a...

  • 04 Nov
    09:30
    ELECO reorganises Swedish software and service ops

    ELECO has reorganised its Swedish software and service businesses to align them more closely with the requirements of their customers. The reorganisation will involve the consolidation of...

  • 04 Nov
    07:22
    FLASH: ELECO reorganises Swedish software and service ops

    Story provided by StockMarketWire.com

  • 31 Oct
    08:41
    ELECO software apps for construction industry

    ELECO has announced the general availability of its two new offerings - Asta Powerproject BIM and its ELECO BIMCloud collaboration solution. BIM is a process involving the generation and...

  • 31 Oct
    07:15
    FLASH: ELECO software apps for construction industry

    Story provided by StockMarketWire.com

  • 10 Sep
    08:34
    ELECO unit holds roadshow

    ELECO subsidiary Asta Development held a Powerpoject BIM and site progress mobile roadshow yesterday at the Royal Connaught Hotel in London, before an audience of over 50 representatives from the...

  • 20 Aug
    07:28
    Eleco raises £207,500

    Eleco has raised £207,500 following an agreement with a private investor to subscribe for 1,000,000 ordinary shares at 20.75p apiece. Eleco said the subscription was in accordance with allotment...

  • 07 Jul
    13:43
    Eleco resolutions passed at AGM

    Eleco has confirmed that all resolutions proposed at its annual general meeting were passed. At 1:43pm: (LON:ELCO) Eleco PLC share price was -1p at 20.5p Story provided by StockMarketWire.com

  • 03 Jul
    08:15
    ELECO appoints chief executive

    ELECO has appointed Nick Caw as chief executive. Caw joins ELECO from Microsoft UK where he has been for the past seven years. During his time at Microsoft he was involved in supporting...

  • 03 Jul
    07:15
    FLASH: ELECO appoints chief executive

    Story provided by StockMarketWire.com

  • 30 Jun
    12:29
    ELECO looks to exceed last year's performance

    ELECO has reported that it is encouraged by the Group's progress in the first half of 2014. It said that ELECO's continuing operations in the UK in the period have benefited from the upturn in...

  • 04 Jun
    07:38
    Eleco pre-tax profits double

    Eleco booked pre-tax profits of £1.0m for the year to the end of December - up from a restated £0.5m i9n 2012. The company - which provides specialist software applications for the construction...

  • 04 Jun
    07:08
    FLASH: Eleco pre-tax profits double

    Story provided by StockMarketWire.com

  • 26 Mar
    07:28
    FLASH: Eleco's Asta holds national user rorum

    Story provided by StockMarketWire.com

  • 03 Feb
    09:23
    Eleco exhibits at Innovators & Investors Forum

    Eleco, the AIM listed construction software specialist operating in the UK, Sweden and Germany, will be showcasing the company and its software products at the Shares/Cenkos Innovators and...

  • 16 Jan
    13:26
    Eleco to showcase at the London Innovators and Investors Forum 2014

    Eleco Plc (ELCO) (LON:ELCO) will be showcasing their company at the Shares Magazine/Cenkos Innovators and Investors Forum in London on 4th February 2014. This successful event is a one day...

  • 30 Dec
    13:01
    Bell & Webster to appoint administrators

    Eleco has been informed that Bell & Webster Concrete filed a notice of intention to appoint John Alexander and John Dickinson of Carter Backer Winter as administrators in due course. At...

  • 20 Dec
    15:28
    Eleco sells precast concrete interests

    Eleco has sold certain precast concrete manufacturing assets to FP McCann for a total consideration of £2,500,000 in cash. FP McCann is a leading specialist manufacturer of precast concrete...

  • 20 Sep
    07:22
    Eleco hit by challenging trading conditions

    Construction software and building systems group Eleco reported revenue of £13.2m for the half-year to end-June (2012: £13.5m). Adjusted operating profit was £1.0m before product development...

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