Posts in LSE:SPRP

Sprue reports strong return to profitability

Sprue reported a strong return to profitability through a significant improvement in gross margin and a net reduction in overheads. As announced on 15 June 2017, Sprue made a positive start to the year and for H1 2017 expects to report sales of approximately £26m (H1 2016: £25.9m) and operating profit of approximately £1.5m (H1 2016: operating loss of £0.9m before share based payments charge).

The Group remained well positioned to deliver full year adjusted operating profit in line with market expectations.

Top ranked shares for the future

Top ranked shares for the future

After upgrading his decision engine, companies analyst Richard Beddard thinks he's got to the heart of investing and the reasons we so often make mistakes.

These small-cap growth stocks look significantly undervalued

With the FTSE 100 trading close to a record high, it may seem as though all stocks are highly valued. While in some cases this may the case, there continue to be a number of growth stocks which could offer high share price returns in the long run. Certainly, their outlooks may be somewhat risky, due in part to their size and lack of scale. However, here are two companies which could prove to be highly profitable investments over a sustained period.

All resolutions passed at AGM of Sprue Aegis

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

At 2:27pm: (LON:SPRP) Sprue Aegis Plc share price was +20p at 215p

Sprue Aegis makes strong return to profitability in H1

Sprue Aegis said it has made a positive start to the year with an an expected strong return to profitability in H1 2017 building on the steady progress delivered by the Company in the second half of 2016.

Executive chairman Graham Whitworth continued that the combination of a significant improvement in gross margin and a net reduction in overheads was expected to contribute to a much improved financial performance by the group in H1 2017 compared to H1 2016.

"Despite the recent modest currency fluctuations (Sterling v US Dollar and Sterling v Euro), the Group remains well positioned to deliv

How to find the star tech shares of tomorrow

How to find the star tech shares of tomorrow

Marina Gerner hears how fund managers investing in smaller techno­logy companies identify those with the potential to realise stellar returns.

Sprue Aegis' sales fall, notes cost inflation

Sprue Aegis reports lower sales for the FY, also noting significantly lower demand in France and significant cost inflation following UK's decision to quit the EU in June 2016.

The company said it sees its FY results in line with market views.

Sales for the year were expected to be about £57.1m, from £88.3m. Operating profit, after a £0.2m restructuring charge, was seen at about £2.1m, from £12.8m.

Why Share Sleuth just sold Rolls-Royce

Why Share Sleuth just sold Rolls-Royce

Sometimes you must sell shares to buy new ones, and companies analyst Richard Beddard has done just that. Here he explains why, and what he did with the proceeds.

Share Sleuth: How to make sense of accounting headaches

Share Sleuth: How to make sense of accounting headaches

Investors should be able to read company accounts like a book, but it's easier said than done. Companies analyst Richard Beddard shares his favoured rules of thumb.

Is this AIM share too hot to handle?

Is this AIM share too hot to handle?

While Next's half-year results confirm its investment credentials, one AIM share is proving too unpredictable for analyst Richard Beddard's Decision Engine.