Dewhurst Share News (DWHT)
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Mon, 14th Nov 2016 10:22
(ShareCast News) - There was a stark warning from the top of Dewhurst this week, with the company looking at a tough market and seriously muted demand for its keypad and switch products. The AIM-traded company was holding its annual general meeting on Tuesday. At the meeting, chairman Richard Dewhu
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(ShareCast News) - Improved profits, though slightly lower sales were the overriding themes for Dewhurst in its preliminary annual results on Tuesday. The AIM-listed button and switch manufacturer saw sales fall 1.4% for the period, to £45.9m. Profit before tax was up a sizeable 11%, however, to £5.
Read moreDewhurst said on Monday that a settlement has been reached between its Hungarian subsidiary and AIG Specialty Insurance. In January last year, the said Dewhurst subsidiary received a complaint from IAG claiming $7m after the purported product failure of a component it supplied to a third party. Dew
Read moreDewhurst said its first half of the year was better than compared with the year before, but a weak UK market dragged down its revenues. The electrical equipments group saw its revenues drop slightly to £22.8m from £23m as the General Election affected its UK sales during the second quarter. UK sale
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