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Search Performance & Profits News : 28th January 2012 - 4th February 2012

Performance & Profits

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Profits

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
30 Jan 2012£5.8m loss at coal producer - Group sales up 7% - Renegotiation of contractCoal producer ATH Resources, based in Doncaster, Yorkshire, has recorded a year-end loss of £5.8m in 2011 and made an operating profit of £3m, a £4m fall compared to 2010. Group sales increased by 7% to £84.2m. In order to continue to develop the business, the group has renegotiated one of its legacy contracts and has expanded its project pipeline. Alistair Black is Chief Executive of ATH.ATH Resources PLC£78m£7m3346
31 Jan 2012£30m revenue - 10% Increase on 2010 - 79 EmployeesTorquay-based housebuilder Cavanna Homes recorded a third year of successive growth with turnover hitting £30m. The result for the year ending December 2011 is a 10 per cent increase on the company's 2010 revenue. Cavanna built 160 houses over the year. Open market sales rose by 30 per cent to 152 while social housing fell to 5 per cent of total sales. Jonathan Cavanna is Marketing Director.Cavanna Homes Limited£2m£0.2m01
30 Jan 2012iPhone helps double Apple profitsTechnology giant Apple posted record quarterly results after it sold a greater-than-expected 37 million iPhones worldwide in the last three months of 2011.
30 Jan 2012UK Sales up 5% - Net Cash £2.4m - 180 EmployeesVentilation systems and window and door hardware manufacturer Titon saw total revenues fall by 1% in the three months to the end of December. Sales in the UK were 3% up on a year ago but sales in the rest of the world were down by 13%. Titon had net cash balances of £2.4m at the end of December compared to £2.8m at the 30 September year end.Titon Holdings Plc£16m£0.7m1812
01 Feb 2012Tax windfall boosts Webster & HorsfallBirmingham manufacturer Webster & Horsfall has claimed back £134,000 in corporation tax.
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Performance & Profits

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Business Performance

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
30 Jan 2012£5.8m loss at coal producer - Group sales up 7% - Renegotiation of contractCoal producer ATH Resources, based in Doncaster, Yorkshire, has recorded a year-end loss of £5.8m in 2011 and made an operating profit of £3m, a £4m fall compared to 2010. Group sales increased by 7% to £84.2m. In order to continue to develop the business, the group has renegotiated one of its legacy contracts and has expanded its project pipeline. Alistair Black is Chief Executive of ATH.ATH Resources PLC£78m£7m3346
30 Jan 2012£3m contract won - New Jobs - 30% installation Increase ExpectedPlay equipment provider Proludic in West Bridgford and Colwick-based Park Logisitics have signed a distribution contract to help the former fulfil an expected 30 per cent increase in installations, worth an estimated £3m. The anticipated growth, which has led to Proludic taking on six extra staff, comes as local authorities, housing associations and community groups across the UK seek to fulfil the Olympic legacy promised by Lord Coe when London won the games. Michael Hoenigmann is Managing Director.Proludic Limited£0.0m£0.0m02
03 Feb 2012£2bn new contracts - positive trading updateDefence services group Babcock International recorded strong trading in the third quarter of the 2011/12 financial year. It is benefiting from a trend for military and engineering clients to outsource work in order to reduce costs and has won preferred bidder status on £2bn of contracts since November 2011.Babcock International Group PLC£2,756m£158m27,5881
30 Jan 2012£12.4m property acquisitions - £165m invested - fund performance strengthenedCBRE Global Investors has completed two property acquisitions in Manchester, following an active 18 months buying for its fund, increasing the total invested to around a £165m. The latest purchases include a Gap store in Manchester worth £12.4m and Ashburton Park in Trafford Park for £6.8m.Cbre Global Investors Europe Holdings Limited£0.0m£0.0m01
02 Feb 2012Turnover growth at flooring company - Sales up 10% - Expenses fallManchester based flooring company James Halstead has reported an increase in turnover in 2011 as a result of a 10% increase in sales and reduction in raw material prices which fell in the last three months of 2011. Mark Halstead is Chief Executive of James Halstead Plc.James Halstead PLC£214m£38m8111
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Performance & Profits

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Products and Services

   DateHeadlineSummaryOrganisationTurnoverProfitEmployeesLocations
03 Feb 2012£4.5m capital investment - modernising engineering facilities - potential new jobsCity College Plymouth has been awarded a £1.5m grant towards modernising its engineering facilities by the Skills Funding Agency. A total of £4.5m will be invested in a state-of-the-art learning environment which will open in September 2013, allowing the college to continue to support Plymouth's key engineering industry and potentially creating jobs.City College Plymouth£0.0m£0.0m01
30 Jan 2012£300,000 capital investment - new jobs - product expansionAuto Electrical Supplies Ltd has invested £300,000 in new, 6,000 sq ft premises in Wakefield, doubling the size of its operations. It plans to appoint two new members of staff as part of its ongoing business development strategy. The extra space will allow it to increase stock volumes and product range.Auto Electrical Supplies Limited£0.0m£0.0m01
31 Jan 2012£2m investment secured - Business continues expansion - New Chairman and Director appointed to BoardHealthcare company CN Creative, based in Manchester, has received a £2m investment from Advent Life Sciences. The funding will enable CN Creative to continue developing its Nicadex electronic cigarette. Dale Pfost, a partner at Advent Life Sciences has been appointed Chairman of CNC and Advent partner Kaasim Mahmood has joined the companys Board of Directors. Chris Lord is Company Director at CN Creative.CN Creative Limited£0.0m£0.0m01
01 Feb 2012£2.2m haemotology unit opens - service improved significantlyNorthampton General Hospital NHS Trust has opened its £2.2m Macmillan Haematology Suite, offering patients more comfort, privacy and dignity. An 18-month fund-raising campaign by the Chronicle & Echo and Macmillan Cancer Support is still ongoing and £700,000 is still needed to fund the project.Northampton General Hospital NHS Trust £0.0m£0.0m01
03 Feb 2012Senior appointment - extending choice of courses - new premises - creating jobsSouth Essex College of Further and Higher Education has appointed Angela O'Donoghue as its new Principal and Chief Executive with effect from August 2012. The college is continuing to expand its range of courses across south Essex and new facilities are to be built in Southend, Basildon and Thurrock. The expansion has the potential to create jobs.South Essex College of Further and Higher Education £0.0m£0.0m01
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