Molins PLC Share News (MLIN)

Molins To Move To AIM From London Main Market; Keeps 2014 View

LONDON (Alliance News) - Specialist technology and services company Molins PLC Thursday announced plans to move to the AIM market from the London main market, while saying its expectations for 2014 are unchanged. Molins said that its trading in the year to date had been as expected, with sa

Molins Profit Falls Despite Increased Revenue Across Operations

LONDON (Alliance News) - Molins PLC Wednesday said its pretax profit fell in 2013 despite increased revenues across its divisions, as cost of sales and expenses hit company finances. The technology and services company said its pretax profit fell 16% to GBP3.8 million for 2013 from GBP4.5 m

Molins shares up on sales ahead of last year

Shares in packaging and cigarette machinery company Molins rose more than three per cent after it said orders and sales to date were ahead of last year. The group, which has more tan 800 staff worldwide, said each of its three divisions has an order book that supports their expected sales in the fo

Molins Says Sales And Performance In Line With Expectations

Wednesday broker round-up UPDATE

: Panmure Gordon reduces target price from 2159p to 1742p and reiterates its hold recommendation. Antofagasta: JP Morgan cuts target price from 1485p to 1400p, while retaining its overweight rating. Barclays: Numis raises target price from 351p to 400p and upgrades to buy. BT Group: UBS moves tar

Molins profits paper thin as first-half numbers disappoint

Molins, which produces cigarette making equipment and packaging machinery, has reported a steep fall in pre-tax profits but insists its performance will improve in the second half. Group sales in the six months to June 30th were £39.9m, down only slightly on the £38.8m the year before. However, und

Molins performing ahead of expectations

Engineering company Molins said its first half performance was slightly ahead of expectations, as orders picked up substantially from last year's levels. The company more than doubled its pre-tax profit to £3.8m (2010 H1: £1.7m) despite a reduction in sales for the six months to June 30. This redu

Molins almost doubles profit

Shares in cigarette vending machine maker Molins rose 6% after it almost doubled annual pre-tax profit and increased revenue following a strong final quarter. Performance in Packaging Machinery improved significantly in the year and Scientific Services continued to perform strongly, the group said.

London close: Lower finish after budget

The budget did little to change the overall direction of the leading share index, which fell in early dealings and remained stuck in the red, though there was movement in specific sectors. A widely expected rise in Capital Gains Tax (CGT) was implemented, with higher rate payers to pay 28% from mid

UK SMALLCAP ROUNDUP: UK Govt To Launch GBP37.5M Growth Fund

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps THE U.K. government announced Tuesday in its emergency budget it will launch an Enterprise Capital Fund to support fast-growing small businesses. The

London afternoon: Market takes tax hikes on chin

Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building

UK SMALLCAP ROUNDUP: Easydate Fancies GBP10M IPO Raising

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EASYDATE PLC, an Edinburgh-based internet-dating company, Tuesday said it plans to raise GBP10 million when it lists on London's Alternative Investment M

London midday: Budget casts shadow over Footsie

Footsie is lower ahead of today's emergency Budget with markets uneasy given the tough rhetoric beforehand from chancellor George Osborne. The sentiment boost enjoyed yesterday following the announcement that China is to stop pegging its currency to the US dollar has worn off, as can be seen by the

UK SMALLCAP ROUNDUP: Halma Returns To Acquisition Trail

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALMA PLC (HLMA.LN) Tuesday said it is back on the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year

London open: Lower ahead of Budget

Footsie has opened lower ahead of the coalition government's eagerly awaited emergency budget, which will be revealed around lunchtime. Chancellor George Osborne has been vocal about making Britain competitive by cutting corporation tax so that big businesses find it worthwhile to come to the coun