Posts in LSE:GRA

Grafenia appoints new executive directors

Print and web design company Grafenia has announced Gavin Cockerill and Richard Lightfoot have been appointed to the board as executive directors with effect from 23 January 2018. Cockerill joined the group in 2000 and helped launch and grow the and Nettl business models.

Director Deals - Grafenia (GRA)

Peter Gunning, Chief Executive Officer, bought 200,000 shares in the company on the 9th November 2017 at a price of 11.56p. The Director now holds 1,450,000 shares.

NOTE: Average price

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Director Deals - Grafenia (GRA)

Conrad Bona, Non Executive Director, bought 50,000 shares in the company on the 6th November 2017 at a price of 10.29p. The Director now holds 590,000 shares.

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Grafenia H1 turnover rises

Grafenia's first half turnover rose to £6.74m from £5.14m but earnings slipped and losses widened.

It said part of the increase in turnover was attributable to the acquisition of Image Everything on 17 Jul.

EBITDA of £0.43m was down from £0.45m and operating and pre-tax losses of £0.47m and £0.49m respectively were up from £0.42 and £0.41m a year ago.

Chief executive Peter Gunning said: 'In the first half of the year, we've continued to make progress in our transformation plan.

Grafenia shareholders pass all resolutions at AGM

Grafenia has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting.

At 1:09pm: (LON:GRA) Grafenia share price was +0.25p at 7.88p

Grafenia on track

Grafenia's trading is broadly in line with its internal budget, shareholders at today's annual general meeting will be told.

Chairman Jan Mohr will say: "We have continued to add new Nettl partners, both in the UK and internationally.

"In the UK, we've reached the milestone of 120 Nettl locations with completed agreements. Last week we delivered initial training of our first 5 Nettl 'founding partners' in The Netherlands.

Grafenia operating losses rise

Grafenia's operating losses rose to £0.98m in the year to the end of March - up from £0.25m last time.

Turnover from continuing activities fell to £10.45m from £10.77m and EBITDA totalled £0.76m - down from £1.52m.

Chairman Jan-Hendrik Mohr said: "The outlook for print products is uncertain and current trading has been tough.

The week ahead: General election, Fuller Smith & Turner, WYG

The week ahead: General election, Fuller Smith & Turner, WYG

The coming seven days will be dominated by general election speculation before the result is revealed Friday, but a few companies also report to the market.

Grafenia in line with revised forecasts

Grafenia said it expected full year results to be in line with revised market forecasts for revenue, EBITDA and net cash despite mixed trading conditions since its late update on 21 February.

The group said transactional print revenues in February ended behind the same period last year but revenues from print in March were strong, significantly ahead of both its internal budget and the corresponding period last year.

The group said the board expects full year results to be in line with revised market expectations for revenue, EBITDA and net cash.

Grafenia earnings significantly behind forecasts

Grafenia has warned that full year earnings and are likely to be significantly behind market expectations.

The group said that while it was making progress with its transformation plan, a material part of its revenues continued to come from transactional print volumes and soft demand in January and early February would impact full year earnings.

At 9:13am: (LON:GRA) Grafenia share price was -1.5p at 6.13p