Market News

13 April 2011 – interim management statement Filtronic has issued a disappointing trading statement for the period since 1 December 2010.  Some of its customers…

12 April 2011 – technology update The group has announced that it has signed a lease at a facility made available by Cambridge University and Elektron…

12 April 2011 – trading update & management appointments Revenue for the year ended 31 March 2011 is expected to be £7.9m, up 27% on…

12 April 2011 – marketing update & HFuel sale The energy storage and clean fuel company has announced the successful commercial launch of its CE marked…

8 April 2011 – director share purchase It is interesting to note that Andrew Wood, a non-executive director, purchased 50,000 shares at a price of…

7 April 2011 – acquisition The group has announced that it is to buy Cinesur, the fifth largest cinema operator in Spain.  It operates eleven…

7 April 2011 – trading update The group has confirmed in a trading statement that it believes that it will meet revised expectations following last…

6 April – directors’ share purchase It is encouraging to see two directors buying shares in the stock albeit only modest amounts – the chairman…

5 April 2011 – Eurobond tax position agreed Drax has reached agreement with HM Revenue & Customs in relation to the group’s Eurobond financing structure. …

5 April 2011 – trading statement Financial performance for the year to 31 March 2011 is expected to be in line with market expectations.  This…