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Company News

Imperial Energy on track
Friday 29 Aug 2008
Bid target Imperial Energy said it is on track to achieve 25,000 barrels of oil per day (boepd) and 35,000 bopd by the end of 2009.
Profit flat at Aga Rangemaster
Friday 29 Aug 2008
Trading during the first half has been “resilient” at refrigerator and cast iron cooker group Aga Rangemaster, although profit remained flat on the year before.
Talvivaara unfazed by commodity price reversal
Friday 29 Aug 2008
Talvivaara Mining remains confident its production costs will be low enough to mine profitably when it starts production in October, despite the decline in nickel and zinc prices over the summer.
Lavendon interims impress
Friday 29 Aug 2008
Hydraulic lift rental specialist Lavendon made "good progress" in the first half, with profit up 43% and trading since the end of the period in line with expectations.
Asset write-downs hit Unite Group
Friday 29 Aug 2008
Revaluation losses sent student accommodation specialist Unite Group into the red in the first half of 2008.
Glum outlook for SVG
Friday 29 Aug 2008
Seven years of net asset value increases came to an end at SVG Capital as the private equity investor and fund manager fell victim to the fall-out from the credit crunch.
City job drought hits Robert Walters
Friday 29 Aug 2008
Recruitment firm Robert Walters is still cautious about the short term outlook as pre-tax profit fell 15% to £9.8m during the first half.
T Clarke 'performing well'
Friday 29 Aug 2008
Half year profit jumped 39% at electrical engineering and contracting firm T Clarke, in line with expectations despite the tough economic environment.
Results shift HR Owen up a gear
Friday 29 Aug 2008
Upmarket car dealer HR Owen saw profits leapt 28% in the first half of 2008 despite the economic slowdown and expects to remain profitable in the second half.
Derwent London's NAV slides 9.1%
Friday 29 Aug 2008
Derwent London is not expecting any let-up in the property market’s misery until 2011 it said Friday, as it declared a 9.1% slide in net asset value.
Depreciation charges dim Gem Diamonds' sparkle
Friday 29 Aug 2008
Soaring diamond prices helped miner Gem Diamonds more than double revenue in the first half of 2008.
Aricom's Chinese JV clears hurdle
Friday 29 Aug 2008
Mining company Aricom’s joint venture with Chinalco passed a milestone with the Chinese government approving the construction of a titanium sponge plant in Jiamusi City, in the Heilongjiang province.
Restaurant Group beefs up H1 profit
Friday 29 Aug 2008
Restaurant Group, owner of the Frankie and Benny's chain, reported an increase in first half profit and is confident of another year of progress.
JKX Oil profits up despite production decline
Friday 29 Aug 2008
Oil explorer JKX Oil& Gas boosted revenues and profits in the first half of 2008 despite a decline in production.
Dana posts record figures
Friday 29 Aug 2008
Oil and gas explorer Dana Petroleum posted record interim results as it benefited from its unhedged oil and gas position, which maximized the benefit from the strong commodity prices.
Bloomsbury posts profit rise
Friday 29 Aug 2008
Harry Potter publisher Bloomsbury posted an increase in first half profit buoyed by a strong performance in its UK Adult and Specialist divisions.
Tough conditions to hit C&C figures
Friday 29 Aug 2008
Irish drinks group C&C said its first half financial performance is at the lower end of guidance, given in its last statement in July, and warned tough conditions will continue to pressure results.
Salamander fired up over prospects
Friday 29 Aug 2008
Asia-focused oil and gas firm Salamander Energy slipped into the red at the half-year stage after taking a $10.2m hit on an unsuccessful exploration well off the cost of North Sumatra.
Davis trims expectations for 2008 and 2009
Friday 29 Aug 2008
Laundry and workwear group Davis Service has slightly downgraded expectations for 2008 and 2009, owing to higher interest changes and underperforming elements of its UK and German operations.
Marshalls profit drops 17%
Friday 29 Aug 2008
Landscape products group Marshalls said posted a 17.1% drop in half year pre-tax profit amid more challenging market conditions.

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