Carclo Share News (CAR)

DIRECTOR DEALINGS: Carclo Finance Director Exercises And Sells Options

Carclo FD sells portion of bonus to cover tax

The Finance Director of technical plastics products supplier Carclo made 57,077 pounds from the sale of a portion of shares received under the firm's bonus programme. Half of the shares conditionally awarded to Robert Brooksbank in July 2010 under the Performance Share Plan 2007 vested last week. T

Carclo tumbles as revenue shrinks

Shares of technology-led plastics group Carclo fell after it reported a drop in full year revenue following the previous year's withdrawal from its volume automotive antenna business at Wipac. Revenue fell by 7.2% to £86.5m for the year ended March 31st 2013 while divisional operating profit declin

Sunday share tips: Rio Tinto, Greencoat, Carclo

Rio Tinto posted its first ever full-year loss of 2.6bn pounds (1.7bn pounds) after writing down 14.4bn dollars of its assets following an M&A spree. The charges were mostly in its aluminium and energy businesses. However, stripping those out profits were better than expected, as was the 15 per cent

Carclo reports weakened demand from customers in December; shares fall

Technology-led plastics group Carclo has reported that demand from some of its customers weakened in December and was slow to recover in January, according to an interim management statement issued on Thursday morning. The group's Technical Plastics division experienced the lower demand from some c

Sector movers: Chemicals stocks make gains

Chemicals stocks were among the best performers on Friday afternoon with AZ Electronic Materials continuing its impressive year-to-date rise after announcing the completion of refinancing. The company, which specialises chemicals and materials used in circuits, devices, flat panel displays, LEDs an

Wednesday broker round-up UPDATE

Avocet Mining: Goldman Sachs downgrades from neutral to sell. Barr (AG):Numis upgrades to add with a traget price of 525p. British Land: Morgan Stanley raises target price from 540p to 570p and upgrades to overweight. Jefferies raises target price from 554p to 561p, hold recommendation maintained.

Carclo eyes stronger second half

Plastics business Carclo said it continued to trade in line with company expectations during the first half and expects to generate a stronger second half performance. Pre-tax profit for six months ended September 30th came in at £1.9m versus £1.3m the year before. Revenue fell to £40m compared to

Carclo to trouser milestone payment

The debt situation is looking a lot healthier at technology company Carclo after its recent share placing and the imminent triggering of a milestone payment. The group said it traded in line with expectations in the first half of its financial year and, as indicated in its August trading statement,

Two City of London directors dispose of beneficial interests

Two directors of emerging markets-focused investment group City of London disposed of beneficial interests they have in the company on Wednesday, just two days after the firm's full-year results revealed a large decline in funds under management (FuM). Non-executive director David Cardale and Finan

Carclo falls after smartphone order is put on hold

Shares of technology-led plastics business Carclo plunged after it said an order for smartphone touch sensors has been put on hold pending the resolution of a product design issue. The group explained that at the time of its interim statement in August, its Cambridge based subsidiary Conductive Ink

Carclo on track for full year

Plastics business Carclo has said it remains on track to deliver progress across all of its businesses. Technical Plastics has performed well following several new business awards, despite some signs of weakness in short term schedules relating to a small number of customers. The business is now p

Carclo CEO cuts stake by a third

Ian Williamson, the Chief Executive of Carclo, a plastics business, has offloaded 230,000 shares, around a third of his total stake in the company. Williamson, who is set to retire after 18 years in the role, will pocket just short of a cool million from the transaction, which saw him sell the sha

Carclo appoints new Chief Executive and ups divi

Plastics business Carclo has pleased its investors after increasing its dividend and unveiling Chris Malley as its new Chief Executive. Malley, who has been with Carclo for thirteen years, is replacing Ian Williamson, who will retire from the board in March of next year. Pre-tax profit came in a

Carclo trading in line with expectations

Carclo has traded in line with expectations for the first half of the year, the Technology-led plastics business said in a trading update. The firm reported a "solid performance" in the current uncertain economic environment, but said that as previously indicated, a greater proportion of operating