Trading Statements for 1 April 2020
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01 Apr
14:51Watkin Jones won't pay interim dividend; to incur cladding improvement costsStudent and rental focused property developer Watkin Jones said it expected to report first-half earnings and revenue in line with it expectations, but would not declare an interim dividend due to...
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01 Apr
13:51Christie warns of unprofitable year; furloughs most employeesEnterprise services provider Christie said it did not expect to be profitable this year, having suspended activities at its stock and inventory systems business amid the Covid-19 crisis. The...
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01 Apr
13:29Caledonia Mining defers second 2020 quarterly dividend due to Covid-19 crisisAfrica-focused miner Caledonia Mining said it had deferred its second quarter dividend for 2020 due to the Covid-19 crisis. 'The board will keep this decision under constant review as it monitors...
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01 Apr
13:20RA International braces for potential 'material' Covid-19 impactServices provider to remote locations RA International said the Covid-19 crisis could potentially have material impact on its financial results in 2020 as client projects are slowed or delayed....
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01 Apr
13:09Mercantile Ports & Logistics ceases Karanja activities in line with India lockdownMercantile Ports & Logistics said it had ceased activities at its site in Karanja, India following the introduction of nationwide lockdown measures to combat Covid-19. 'The company is well...
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01 Apr
10:02BP warns of $1bn impairment charge in first quarter; lower productionBP warned it would book an impairment charge of around $1bn in the first quarter and report lower production, as the Covid-19 pandemic and price war between Russia and Saudi Arabia weigh on energy...
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01 Apr
09:57FinnCap scraps dividend to preserve cash amid Covid-19 pandemicFinancial services company FinnCap scrapped its dividend and said trading performance had been in line with recently downgraded expectations. As part of a series of efforts to preserve cash, the...
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01 Apr
09:46Argentex confident'of meeting profit expectations as revenue forecast to jump 30%Foreign exchange services Argentex said was it was 'confident' of meeting its full year profit expectations as revenue was forecast to rise by about 30%. The company said it was expected to report...
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01 Apr
09:31Touchstar says performed as expected in first quarter; plans talks with lendersLogistics services group Touchstar said it had performed as expected in the first quarter, but was bracing for tougher times ahead and would hold talks with its lenders about its capital position....
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01 Apr
09:18Fulcrum Utility Services scraps dividend, buyback plans; completes sale of domestic gas assetsInfrastructure and services provider Fulcrum Utility Services cancelled its dividend and share buyback plans. The company also warned on performance, flagging a more pronounced reduction in demand...
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01 Apr
09:06Westminster seeing increasing demand for fever screening kitsSecurity services group Westminster said it was continuing to experience heightened demand for its fever-screening equipment amid the Covid-19 crisis, offsetting pressure on its business from...
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01 Apr
07:53Renew suspends interim dividend; says Covid-19 impact in second half unclearEngineering services group Renew said it had decided to suspend its interim dividend, which would have been paid to shareholders in July, in the wake of the spreading coronavirus. 'We understand...
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01 Apr
07:48Norcros warns on profits; holds off on dividend decisionsBathroom accessory supplier Norcros said demand for its products had slowed markedly following government lockdowns in the UK and South Africa designed to curb the spread of Covid-19. The company...
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01 Apr
07:42Savills shelves dividends; to consider 'enhanced' payout later in the yearEstate agent Savills withdrew dividends announced last month to conserve cash during the Covid-19 crisis. The company had planned to lay a final dividend and supplemental interim dividends for...
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01 Apr
07:37Standard Chartered stops paying dividends in response to Covid-19 crisisStandard Chartered joined other British banks on Wednesday by cancelling dividend payments to conserve cash during the Covid-19 crisis. The lender said it had withdrawn its 2019 final dividend of...
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01 Apr
07:35Auto Trader to raise equity to buffer balance sheet from Covid-19 hitDigital automotive marketplace Auto Trader said it would raise funds through an equity placing to bolster its balance sheet during the Covid-19 crisis, and was unlikely to pay a final dividend....
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01 Apr
07:34Primary Health Properties to keep paying dividends; says rent collection 'robust'Healthcare facility owner Primary Health Properties said it would continue paying dividends as planned, and that its rental collection continued to be 'robust' even during the Covid-19 crisis. The...
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01 Apr
07:24Spire Healthcare suspends dividends; gets covenant waiver from lendersHospital owner Spire Healthcare said it had suspended dividend payments, and that its lenders had agreed to waive covenant testing for scheduled test periods on 30 June and 31 December. The...
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01 Apr
07:19QinetiQ defers dividend decision, executives take pay cutDefence technology company QinetiQ said it had continued to perform in line with its expectations but had nevertheless decided to defer a decision on paying a final dividend until later in the...
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01 Apr
07:12Royal Bank of Scotland scraps dividend payments as coronavirus spreadsRoyal Bank of Scotland said it had decided to pay no more dividends or buy back any of its shares in the wake of the Covid-19 crisis. The bank said it would defer any such capital management...