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UK Dividends Calendar - Next 7 Days

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21 Feb 2012 07:15

Devro enjoys strong second half - UPDATE

Shares in sausage skin maker Devro fell on Tuesday despite the firm seeing a strong rise in adjusted pre-tax profits and saying that underlying growth prospects for its global markets remain encouraging. Reported pre-tax profit fell to £43m in the year ended December 31st compared to £54m the year

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20 Feb 2012 18:16

Tuesday preview: Devro, Genus, public sector finances

Profits from sausage skin maker Devro for 2011 will be served up as a smaller portion, with the group having disposed of its German distribution business, Devro GmbH, at the end of September. Profit before tax is expected to dive to £41.1m from £55.2m in 2010, on sales down to £226.6m from £237.0m

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17 Feb 2012 09:09

Friday broker round-up -UPDATE

Ashmore: HSBC downgrades to underperform from neutral. Schroders: Citi downgrades to sell from neutral. Barclays: AlphaValue downgrades to reduce from add and lowers target to 243.9p from 283.4p. Tesco: Nomura reduces target from 500p to 430p, buy rating unchanged. InterContinental Hotels: UBS

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21 Dec 2011 16:29

Barclays director keeps the faith

Sir Michael Rake, the Senior Independent Director of Barclays, has upped his stake in the firm less than a week after the global bank was downgraded by Fitch Ratings. Rake, who is currently also Chairman of telecommunications firm BT Group and Chairman of Easyjet, bought up 5,914 ordinary shares a

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8 Nov 2011 16:09

Devro on track

Sausage skin maker Devro has reported that it is on course to meet board expectations for the current year. Sales volumes have shown strong growth compared to the corresponding period last year, while the momentum seen in the second quarter has continued, helped by growth in Western Europe, Eastern

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2 Aug 2011 12:16

London midday: Stocks fall back after flat start

Stocks are in negative territory now as investors digest a raft of company statements against a backdrop of ongoing worries about the debt situation in the US and in Europe. Investors are also digesting news that the US House of Representatives has voted through a bill to raise the debt ceiling in

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2 Aug 2011 11:09

Gutsy profit rise for Devro

Sausage skin maker Devro reported a rise in profits in the six months to 30 June, helped by growing meat consumption and increased use of collagen cases in place of pricier sheep guts. Pre-tax profits rose to £19.6m from £16.5m on revenues from continuing operations that climbed to £107.1m from £10

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28 Apr 2011 16:24

Sector movers: Unilever and Devro drag food producers lower

Food producers are on their way lower, with sector peer Unilever and Devro dampening sentiment with disappointing first quarter statements. Food and household goods giant Unilever reported "sluggishness" in developed markets, despite turnover rising by 7%. Devro, which makes manufactured casings

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28 Apr 2011 15:52

FTSE 250 movers: Croda's shares jump, along with its profits

Providing a lift to the FTSE 250 is chemicals group Croda International, which saw pre-tax profit jump 40% in the first quarter. Shares in data capture specialist Kofax have fallen despite the group confirming that its third quarter performance has met expectations. Also under the weather is kitc

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28 Apr 2011 13:50

Lower promotional activity slows Devro

Devro, which makes manufactured casings such as sausage skins for the food industry, said 2011 sales are slightly behind last year's, but margins have continued to improve. Speaking at the group's annual general meeting, Steve Hannam, chairman of Devro, said the company is on track to meet the boar

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23 Mar 2011 06:54

Wednesday tips round-up: Cairn Energy, Xaar...

Cairn Energy moved to a pre-tax profit of $577m (£352m) last year, against a small loss in 2009. Cairn also reported progress in Greenland, where it is conducting a widely watched exploration campaign. The group said the offshore-Greenland programme has "the potential for transformational growth".

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23 Feb 2011 06:43

Wednesday tips round-up: Anglo American, Informa, Devro...

Anglo American has a clear growth strategy, with a pipeline of 60 projects requiring $70bn of investment. It plans to double production of its commodities over the next decade. Anglo's Barro Alto nickel project in Brazil will begin production imminently and its Los Bronces copper expansion in Chil

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22 Feb 2011 16:53

Non-execs show confidence in Devro

Buying by Devro directors has kept the share price rising after yesterday's annual results from the sausage casings manufacturer. The shares rose a further 9% to 265.1p each. Chairman Steve Hannam bought 16,616 shares at 240p each, taking his stake to 149,306. The total investment was nearly £39

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21 Feb 2011 16:53

London close: Shares fall as Libya crisis intensifies

The top share index was nursing big losses at trading's close as worries over the turmoil in Libya sent the oil price soaring and continued high usage of the European Central Bank's marginal lending facility stoked nervousness over banks. Banks are granted the right to seek overnight loans from th

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21 Feb 2011 14:26

London afternoon: ECB emergency loans give banks jitters

Concerns about rising oil prices should Libya descend into civil war are nagging away at investors, while continued high usage of the European Central Bank's marginal lending facility is making traders nervous about banks. Banks are granted the right to seek overnight loans from the European Centr

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