Trading Statements for 30 March 2020
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30 Mar
14:57Bidstack sees higher demand as self-isolators turn to video gamesIn-game advertising group Bidstack said it was experiencing heightened demand as lockdowns imposed to control the spread of Covid-19 encouraged use of video games by people in self-isolation. 'The...
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30 Mar
14:24Velocity Composites says demand significantly impacted by Covid-19 crisisAdvanced materials supplier to the aerospace sector Velocity Composites said demand had begun to be significantly impacted by the Covid-19 pandemic. The company said it was currently unable to...
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30 Mar
14:17Fusion Antibodies experiencing 'very limited' impact from Covid-19 pandemicAntibody engineering group Fusion Antibodies said it had experienced a 'very limited' impact on its business from the Covid-19 pandemic and was helping some companies' efforts to combat the...
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30 Mar
14:05Crimson Tide sees 'negligible' disruption from Covid-19 pandemicEnterprise software group Crimson Tide sad it had experienced a 'negligible' disruption to its business in the wake of the Covid-19 crisis. The company said a 'very large' percentage of its...
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30 Mar
13:37Autins furloughs most employees; sees 'material' Covid-19 hitInsulation supplier to the auto sector Autins said it had furloughed most of its emplyees amid expectations that the Covid-19 pandemic would have a material impact on its financial performance....
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30 Mar
13:21Midwich scraps 2019 final dividend; says well placed to deal with Covid-19 hitAudio visual distributor Midwich scrapped its 2019 final dividend as part of measures to conserve capital that also included tighter controls on working capital and overheads. The company said...
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30 Mar
10:12Bank of Ireland pulls dividend, warns of material hit to performance amid Covid-19 impactThe Bank of Ireland pulled its dividend and warned of material hit to performance due to the ongoing Covid-19 pandemic. In light of the evolving Covid-19 pandemic and following the...
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30 Mar
10:03Macfarlane scraps 2019 final dividend; braces for 'marked slowdown' in tradingPackaging and labeling company Macfarlane scrapped its final dividend amid expectations of a 'marked slowdown' in trading activity following UK government moves to restrict the spread of Covid-19....
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30 Mar
09:47United Carpets closes all 58 stores, no longer fulfilling product ordersFlooring retailer United Carpets said it had closed all 58 of its stores following the introduction of stricter UK lockdown measures to curtail the spread of Covid-19. Key staff who could perform...
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30 Mar
09:38SIG closes UK, Ireland sites following rapid slide in salesBuilding materials supplier SIG said it had closed its UK and Ireland trading sites in response to the Covid-19 pandemic. SIG said that since its trading update last week, large parts of its UK...
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30 Mar
09:34Morses Club stops extending credit to new customers; won't pay dividendDoorstop lender Morses Club said it had stopped extending credit to new customers and would not recommend paying a dividend in July, as Covid-19 spreads. The company said over 50% of its customers...
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30 Mar
09:24Purplebricks warns on revenue, cuts marketing and other costsEstate agent Purplebricks warned it expected its revenue for the year through April to come in below expectations, owing to the Covid-19 pandemic. The company said it was too early to predict what...
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30 Mar
09:12Sureserve to pay 2019 final dividend as plannedCompliance and energy services group Sureserve said it would pay its final dividend for the 2019 financial year as planned. The company confirmed that a number of its units had been classed as key...
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30 Mar
09:06Ten Lifestyle cuts costs while bracing for Covid-19 hitConcierge services group Ten Lifestyle said although it had seen record demand for its services in March, it expected its business to be hurt by falling demand in the travel sector related to...
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30 Mar
08:55Somero Enterprises suspends dividends amid 'dramatic' Covid-19 pressureConcrete leveling technology company Somero Enterprises said it had suspended its 2019 financial dividend and a special payout, amid other cash conserving measures, due to the spreading...
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30 Mar
08:35Hammerson scraps dividend, warns of material impact on performance amid Covid-19 pandemicShopping centre owner Hammerson scrapped its dividend and warned the Covid-19 pandemic would have a material impact on performance. The company said it was no longer appropriate to recommend the...
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30 Mar
08:07Greencore seeing mixed impact from Covid-19; withdraws financial guidanceConvenience food manufacturer Greencore said it was seeing a mixed effect from the Covid-19 pandemic, with falling demand for 'food-to-go' being partly offset by rising demand for other convenience...
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30 Mar
07:59Signature Aviation suspends final dividend; withdraws financial guidanceAviation services group Signature Aviation suspended its 2019 final dividend and withdrew its financial guidance, citing uncertainty created by the Covid-19 pandemic. The company said flying...
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30 Mar
07:53Johnson Matthey warns of immediate £50m Covid-19 hit; says balance sheet 'strong'Specialty chemicals company Johnson Matthey warned it expected to take a £50m hit to its trading performance due to Covid-19 in its financial year through March 2020. In a trading update, the...
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30 Mar
07:38EasyJet grounds entire fleet as governments impose Covid-19 lockdownsBudget carrier EasyJet said it had grounded its entire fleet of aircraft following the introduction by governments of tighter lockdowns to combat the spread of Covid-19. EasyJet said the last of a...
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30 Mar
07:33Oxford Instruments suspends interim dividend due to Covid-19Scientific instruments supplier Oxford Instruments said it had suspended payment of its interim dividend due to the spreading coronavirus. The company said it continued to trade in line with its...
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30 Mar
07:26Pennon expects annual revenue to fall following bout of wet weatherWater utility Pennon said it expected to report a fall in annual revenue that was nevertheless in line with its expectations. In a trading update for the year through March, the company said...
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30 Mar
07:19Numis sees first-half revenue rising 10%; has 'strong' liquidity positionBroking house Numis said it expected to report a 10% rise in first-half revenue, as weakness in its investment banking division was more than offset by strength in equities trading. In a trading...
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30 Mar
07:09Mothercare delays commencement of Boots deal; in talks to source more debtInfant merchandise retailer Mothercare said it had delayed the commencement of a distribution agreement with Boots and was currently talking to lenders about upping the size of its debt amid the...