News blog
Advanced Power Components
- BY: Andrew Hore |
- POSTED: 10/03/2008 |
- COMMENTS: Add yours
Advanced Power Components says that first half investment will lead to flat interim profits.
The specialist electronic components supplier says that it will report profits of £210,000 in the six months to February 2008, compared with £208,000 in the same period the previous year. Turnover has increased from £4.3m to £4.7m. Management says that underlying operating margins have been maintained but it has spent additional money on marketing and operating systems.
Cost savings should reduce operating costs by 7.5% in the second half.
House broker Seymour Pierce was forecasting a full year profit of £800,000, against £510,000 last year.
APC is upbeat about its order book but it will have to do well to achieve that forecast.
The shares were unchanged at 23.5p.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Geong International Ltd
Geong International Ltd says that it considered a Hong Kong listing but it has no intention of moving ahead with this.
1PM
Asset finance provider 1PM has secured £700,000 of additional funding from two separate loans.
African Land
African Land is the latest agricultural business planning to join Aim.
Fiske
Broker Fiske says its second quarter trading was disappointing and it expects markets to continue to be lacklustre.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|