(HVE) Havelock Europa
Summary
Buy UK shares for just £1.50. No hidden charges, admin or inactivity fees
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| 31-01-12 | RNS |
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RNS Number : 4281W Havelock Europa PLC 31 January 2012 Havelock Europa PLC ("Havelock" or the "Group") Trading Update Havelock Europa, (AIM:HVE.L), the retail and educational interiors and point of sale printing group, today provides an update on trading ahead of its final results for the year to 31 December 2011. The Board expects to report that the Group's trading for the year to 31 December 2011 was in line with its earlier expectations. As in previous years, trading in the second half was stronger than the first half. In the Interiors Division, however, activity levels were below those achieved in the second half of 2010 reflecting delays in orders from some significant customers who carried out re-tender exercises and also, inevitably, as a consequence of difficult economic conditions. The Print Division performed well but the Educational Supplies Division continued to operate in a weak direct to schools market. In respect of 2012, the Board believes the results of the re-tenders, referred to above, will be favourable and generate an increase in activity with those customers. Additionally, good progress continues to be made with new customers, particularly in the financial services sector. On 25 October 2011, a £20 million education framework agreement with Balfour Beatty Construction was announced which will provide additional educational projects. These factors together with an increased order book position at 1 January 2012 improve the visibility of revenue for 2012 relative to previous years. Control of costs remains a focus and in 2011 good progress was made. This combined with improved working capital management had a positive overall effect on the business resulting in a significant reduction in net debt. Enquiries
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 25-10-11 | RNS |
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RNS Number : 7508Q Havelock Europa PLC 25 October 2011 HAVELOCK EUROPA PLC ("Havelock" or the "Company") Havelock Europa agrees £20m education framework agreement with Balfour Beatty Construction Scottish & Southern Limited Havelock Europa (HVE.L), the retail and educational interiors and point of sale printing group, is pleased to announce the signing of an education framework agreement with Balfour Beatty Construction. This agreement extends Havelock's strategy of investing in the educational supply market.
The framework agreement, which is likely to be worth in excess of £20 million in sales over a three year period, will involve the supply of products and services within the education sector. Currently 30 schools in Southern England will be covered under the agreement, with the opportunity to add more schemes during the life of the agreement.
Havelock will lead initial customer engagement, through design and ultimately manufacture or procurement of all school furniture, fittings and associated equipment.
Commenting on the agreement, Eric Prescott, CEO said:
"This framework agreement strengthens our leadership in the educational supply market and provides us with good visibility going forward. Having worked with Balfour Beatty for many years, we are delighted that our relationship has been recognised through a framework agreement and now both parties can now focus on maximising the value and quality of service we deliver for our mutual customers."
Enquiries:
Rob Ballantyne
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 30-09-11 | RNS |
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RNS Number : 2836P Havelock Europa PLC 30 September 2011
30 September 2011
Havelock Europa Plc ('Havelock')
Result of AGM
At Havelock's Annual General Meeting held on 29 September 2011 ('the AGM'), all resolutions were duly passed on a show of hands. The full text of the resolutions and the results of the proxy votes lodged in advance of the AGM are available on Havelock's website: www.havelockeuropa.com.
For further information please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 29-09-11 | RNS |
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RNS Number : 1479P Havelock Europa PLC 29 September 2011 29 September 2011
HAVELOCK EUROPA PLC ("Havelock" or the "Company") AGM Statement
Malcolm Gourlay, the Chairman of Havelock Europa (HVE.L), the retail and educational interiors and point of sale printing group, made the following statement at the Annual General Meeting on 29 September 2011.
The trading environment continues to be challenging and competitive. There are recent indications of a further tightening of conditions in the retail sector with continued price pressure and the decision timescales on certain retail projects being extended. However, we continue to see opportunities to increase the Group's workload for next year, particularly in the educational sector.
Cash and cost control both continue to be important and we believe there are opportunities for further improvement in both areas.
Enquiries
Rob Ballantyne Shan Shan Willenbrock Sophie Leigh Pemberton
www.havelockeuropa.com
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Result Pages: 1 | ||||
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| Wed 23:54 |
Hold
Re: The Scotsman
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Thank you Spikey - good reading, particularly the return to profitability.
Full article says: [start] Havelock seals major Lloyds deal By Peter Ranscombe Published on Wednesday 1 February 2012 00:00 SHOPFITTING firm Havelock Europa yesterday revealed it had won a major contract with Lloyds Banking Group and was on the verge of signing a deal with high street retailer Boots. The Fife-based company will carry out a further two years worth of work for Lloyds, covering its branches and offices, safeguarding jobs at the firms factory in Kirkcaldy. Chief executive Eric Prescott said Havelock was also continuing to work with Virgin Money, Sir Richard Bransons bank, which has expanded following the takeover of Northern Rock. Prescott told The Scotsman: Im cautiously upbeat, but its a very challenging market. Our international growth is continuing. We are fitting out six more stores for Marks & Spencer in China and have also been carrying out a big contract for a high street retailer in Europe. Closer to home, Havelock also fitted out the Primark clothing store at Livingston, which opened before Christmas. In a brief pre-close update, the firm said it was on course to hit previous expectations for the year to 1 January, with house broker Investec pencilling in underlying full-year profits of £500,000, swinging back from an underlying loss of £600,000 in the previous 12 months. Prescott said the company was also busy fulfilling the £20 million contract signed in the autumn with construction Balfour Beatty to fit-out 30 schools in the south of England. He added that he had been in regular contact with private investor Andrew Burgess, who last year built up a 19 per cent stake in Havelock to make him the companys biggest shareholder. Burgess has a history of buying stakes in smaller companies that he believes have been undervalued. Prescott said Burgess was supportive of the company and its management but that he had not become involved in the firms operations. [end] I retain my stake here. |
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| Wed 05:42 | ||||
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Havelock seals major Lloyds deal
By Peter Ranscombe Published on Wednesday 1 February 2012 00:00 http://bit.ly/xcEWGG |
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| 27-12-11 | ||||
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Top 100 performers - 2011
HOW MANY OF YOUR STOCKS ARE ON THIS LIST? Some of my favourites are there,HVE and including No. 28 VALiRx, which completely took me by surprise! http://uk.finance.yahoo.com/news/aim-stocks-once-again-dominate-102943327.html -------------- The Mail.. ....Some interesting and relevant articles from the Mail On Sunday re- The economy, shares, interest rates...what next for 2012? --------------- Markets/Eurozone Crisis http://www.dailymail.co.uk/money/markets/article-2078156/AIM-market-hit-eurozone-crisis-investors-prefer-play-safe.html ---------------- Credit Crunch-warning http://www.dailymail.co.uk/money/news/article-2078467/Credit-crunch-How-protect-money-experts-warn-real-possibility.html ---------------- The Next Recession http://www.dailymail.co.uk/money/news/article-1616085/Economy-watch-Is-Britain-heading-recession.html ---------------- Interest Rates-predictions http://www.dailymail.co.uk/money/news/article-1607881/Interest-rates-News-predictions.html ---------------- where next for shares in 2012 http://www.dailymail.co.uk/money/investing/article-1619305/Stock-market-predictions-What |
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| 08-11-11 | ||||
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Had a quick look at this to answer your question inter, they have about 20 mill in debts hence the market cap of 5 mill.
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They have not been approved or issued by Interactive Investor Trading Limited.
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