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Viewing results 1-25 of 34

Industry & services

Electrocomponents sales growth slows amid tough market conditions

Electrocomponents said its plan to broaden its electronics offering will hurt the gross margin in the first half of 2020...

on 07/03/2019
Retail & consumer

JPMorgan starts Diploma with ‘overweight’ rating, prefers to Electrocomponents started as ‘neutral’

The bank’s analysts said: “We view both Diploma and Electrocomponents as being high-quality operators compared to most other distributors”...

on 05/29/2019
Industry & services

Electrocomponents to ramp up investment as 'another step change' eyed

The FTSE 250-listed electricals distributor reported a good set of annual results but sales growth has softened in the new trading year...

on 05/21/2019

Electrocomponents sees like-for-like revenue growth in all regions

"We continue to take opportunities to invest to differentiate customer experience and to build a lean and more scalable business capable of generating sustainable growth and superior returns," the group said...

on 04/04/2019
Industry & services

Electrocomponents jumps as trading in second half outperforms market

In a trading update for the four months to 31 January, the electronics seller said like-for-like (LFL) revenue growth across the group was 6%, with digital revenues growing 8%...

on 02/06/2019
Industry & services

Two heavyweight brokers think Electrocomponents looks good value after recent fall

Electrocomponents has seen more than a third wiped from its value since October, but UBS and Jefferies think the FTSE 250 group is well-placed to regain some of those losses...

on 01/08/2019
Industry & services

Sterling slump: Who’s benefitting?

On Monday, fresh Brexit volatility pushed the pound to a yearly low against the dollar but despite the turmoil, some firms are profiting handsomely...

on 12/11/2018
Industry & services

Electrocomponents upgraded to 'add' by Peel Hunt after solid interims

Peel Hunt said that while the economic environment is getting more uncertain, it expects Electrocomponents to make further market share gains, driving revenue growth and margin progression...

on 11/20/2018
Industry & services

Electrocomponents profit soars as performance improvement plan kicks in

The distributor said it would continue to pursue “opportunistic value-accretive acquisitions” as it looks to drive continued consolidation in its large and fragmented industry...

on 11/20/2018
Industry & services

Electrocomponents on target to post £100mln first-half profit

Underlying sales growth has been maintained at 10%...

on 10/04/2018
Industry & services

Electrocomponents shares rise as it reports double-digit revenue growth

In a trading update, the FTSE 250-listed firm said for the first quarter ended 30 June 2018, like-for-like revenue growth “remained strong at 10%” ...

on 07/05/2018

Electrocomponents powers higher after making strong start to new fiscal year

In the year just ended, profit before tax was up 30.0% on a like-for-like basis and Asia moved into profit in the second half of the financial year...

on 05/24/2018
Industry & services

Electrocomponents says full-year results likely to come in ahead of previous expectations

The FTSE 250-listed firm said like-for-like revenue for the year ended March 31 was up 13%, following 10% growth in the fourth-quarter, driven by double-digit gains across all its regions...

on 04/05/2018
Industry & services

Asia Pacific and Europe lift sales at Electrocomponents

All five regions saw double-digit underlying revenue growth in the four months...

on 02/05/2018
Industry & services

Electrocomponents guides investors on impact of Trump tax

The company anticipates a minimal impact for the current financial year, though the group’s effective tax rate percentage is anticipated to belower in the next period...

on 01/03/2018
Industry & services

Electrocomponents making strategic progress but still fully-valued at this price

The price target has been increased but still languishes well below the current market price...

on 11/15/2017
Industry & services

Electrocomponents shares up as it delivers stronger-than-expected revenue growth and upgrades profit forecast

Revenue growth was 13% for the six months as the company made share gains in all five of its regional markets...

on 10/03/2017
Industry & services

Numis hikes Electrocomponents' rating following bullish trading update, raises estimates, target

The broker upped its rating to ‘add’ from ‘hold’ with an increased target price of 660p, up from 630p, having raised its earnings per share forecasts by 5% for 2018 to 2020...

on 07/03/2017
Industry & services

Electrocomponents makes strong start to year, with acceleration in revenue growth, improved profits

In a trading update for its first quarter ended 30 June, the FTSE 250-listed firm said its underlying revenue growth was up by 13%, with all regions seeing double-digit growth...

on 07/03/2017

FTSE 250 chokes on the FTSE 100's dust in 2016

The FTSE 250 rose in 2016, but you would've been better off backing the FTSE 100 - or Leicester City....

on 12/29/2016
Industry & services

Electrocomponents soars as better trading boosts profits

Electrical parts distributor forecast first-half profit of about £54mln versus £31.3mln a year ago...

on 09/15/2016

Premier Farnell faces £615mln Swiss takeover bid

Daetwyler announced a recommended cash offer of 165p per share for Premier...

on 06/14/2016
Industry & services

Electrocomponents sees slow-down in revenue growth

North America is letting the side down at Electrocomponents...

on 10/02/2015

Premier Farnell warns on profits after summer slowdown

The distributor said daily sales had slowed significantly since June...

on 07/29/2015