Date: Thursday 22 Mar 2012
LONDON (ShareCast) - Symphony Environmental Technology, a specialist in advanced plastics technologies, has signed a 20-year exclusive distribution agreement for its d2w plastic technology covering the People's Republic of China, its first ever exclusive distribution agreement for China.
Cyprotex, a pre-clinical absorption, distribution, metalobism and excretion-toxicity (ADME-tox) services company, reported a 33.6% rise in revenues to £7.91m for 2011. Pre-tax profit rose 42% from £0.62m in 2010 to £0.88m, while earnings per share were up from 0.31p to 0.39p year on year. Cash at the end of the year grew from £1m to £1.13m.
Car valeting firm Autoclenz Holdings reported flat revenues for 2011. Revenues were up by just £0.3m to £26.6m, while profits of £0.13m in 2010 turned to a loss of £0.26m. Earnings per share fell from 0.83p to -1.73p. Cash at the end of the period doubled from £0.23m to £0.54m.
Evocutis, a skincare developer, reported an increase in revenue to £0.34m for the half year ended January 31st (H1 2011: £0.16m). Adjusted operating loss was reduced to £0.3m (H1 2011: -£0.5), while basic loss per share fell to 0.21p (H1 2011: -0.47p). Cash at the end of the period increased to £1.8m (H1 2011: £1.1m)
ServicePower Technologies, a field management company, has reported both revenues and profits significantly ahead of initial expectations. Profit before tax increased by 83% to £1.1m (2010: £0.6m). Revenues decreased to £13.3m (2010: £18.3m), which the firm said reflects the strategic change in product mix toward higher margin business. Earnings per share were 0.54p (2010: 0.30p), while cash at the end of the period was £5.5m at December 31st (£3.7m at December 31st).
Independent News & Media reported a slight fall in revenue from €626.4m to €558m, while pre-tax figures turned to a loss, from €4.6m to -€63.6m. Cash levels remained stable, gaining €0.6m to €11.9m Operating margin was 13.5%, up 3/10 of a percentage point on 2010. Earnings per share before exceptionals were 9.8 cents.
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