XP Power (XPP); revenue increases 6% to £105.1m in H1 2020
The company enters H2 2020 with a record order book of £138.2m.
XP Power announced its interim results for the six months ended 30 June 2020. It generated adjusted profit before tax of £17.0m, up 2% YoY. Cash generated from operations decreased 15% to £21.5m due to investment in working capital to fulfil increased demand. Net debt decreased 17% to £34.4m, reflecting good underlying cash generation and the decision not to pay a final dividend.
Read more...Osirium Technologies (OSI); announces contract extension
Osirium Technologies today announced the renewal for a further 12 months of its contract with a combined grouping of two major UK regional Police Authorities.
Read more...BlackRock Latin Am (BRLA); share price increases 22.0%
BlackRock Latin American Investment Trust announced its annual results for the year ended 31 December 2019. NAV increased 18.2% in US Dollar terms compared to the benchmark, MSCI EM Latin America Index, return of 17.5%. Total dividends increased 48.2% to 34.89 cents per share. In Sterling terms, the NAV rose 13.6% over the same period, while the benchmark rose 12.9%.
Read more...BlackRock Latin Am (BRLA); share price increases 22.0%
BlackRock Latin American Investment Trust announced its annual results for the year ended 31 December 2019. NAV increased 18.2% in US Dollar terms compared to the benchmark, MSCI EM Latin America Index, return of 17.5%. Total dividends increased 48.2% to 34.89 cents per share.
Read more...TBC Bank Group (TBCG); signs a $67m trade finance facility
TBC Bank Group PLC announced that its subsidiary, JSC TBC Bank, has signed a $67m Trade Finance Facility with Citi. TBC Bank will use the proceeds of the facility to support import and export transactions for its customers, increasing the volume and value of trade transactions in Georgia’s key economic sectors.
Read more...Fins Growth Inc Tst (FGT); issues 160,000 new ordinary shares
Finsbury Growth & Income Trust has issued 160,000 new ordinary shares of 25p each, in accordance with its placing programme, at 729.00p per share. These shares rank pari passu with the existing ordinary shares in issue.
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