Market News - Page 904

Dunelm Group plc (“Dunelm” or “the Group”), the UK's leading homewares retailer, reports the following trading update for the final quarter and for the financial year ended 2(nd) July 2016.
Revenue
Total revenue for the fourth quarter grew by 1.8% to GBP203.8m. Total like-for-like (LFL) growth (combining LFL stores and Home Delivery) decreased by 0.6%, although this was adversely impacted by a combination of an earlier Easter and the fact that the previous financial year included a 53(rd) week. Adjusting for these calendar impacts, underlying LFL performance was +2.9% for the 13 weeks to 2(nd) July 2016. …

The revaluation of the investment property portfolio at the year end has resulted in a net valuation surplus for the year of GBP117,947,000 (2015 – GBP229,722,000). The board has recommended a final dividend of 58p per share in respect of the year ended 31 March 2016 payable on 11 November 2016 to shareholders on the register on 14 October 2016. This will make a total dividend for the year of 93p (2015 – 88p).
Earnings per share is calculated by reference to profit on ordinary activities after taxation attributable to equity holders of the parent of GBP142,900,000 (2015 – GBP227,395,000) and 16,295,357 (2015 – 16,295,357) ordinary shares being the weighted average number of ordinary shares in issue during the year.
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Marshalls' Trading update for the 6 months ending 30 June 2012…

Further to its announcement on 4 May 2016, the Company confirms that it has received the formal certification paperwork for its two European products containing a Panasonic battery. The Group expects to commence shipment of the products, namely the ST622 and the ST630, into Germany in the second half of 2016 as planned….

Fulcrum Utility Services Limited (“Fulcrum” or the “Company”), the UK's market leading independent multi-utility infrastructure and services provider, today announces it has secured a significant new gas pipeline contract in partnership with British Gas….

Anpario plc, the international producer and distributor of natural feed additives for animal health, hygiene and nutrition, is holding its AGM later today, when Richard Rose, Chairman, will make the following comments:
“The Company remains on track to meet its profit expectations for the financial year to 31 December 2016. Revenues for the first half will be below the level of last year; this is due to a number of territories being affected by geopolitical events and distributor specific trading. Sales volumes in May and June have seen an improvement and overall margins remain strong mainly as a result of our continuing focus on improving the sales mix. The board believes the positive momentum will gather pace in the second half.
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Benchmark, the international biotechnology and food chain sustainability business announces its Interim Results for the six months ended 31 March 2016 (the “period”).
Financial Highlights:
— Revenue increased by 142% to GBP48.0m (H1 2015: GBP19.8m). Like for like sales, excluding businesses acquired in either 2016 or 2015, increased 42% to GBP13.3m (H1 2015: GBP9.4m). — EBITDA from Trading Activities(1) grew by GBP8.3m to GBP9.5m (H1 2015: GBP1.2m)
— Acquisition of INVE Aquaculture in December 2015 for $342m (c.GBP230m) created new Advanced Animal Nutrition division
o Funded via successful GBP219m (gross) equity raise
o $70 million revolving credit facility secured to support the equity raise and the enlarged group's working capital needs
— Temporary closure of Chilean border to Icelandic produced salmon eggs impacted Breeding and Genetics revenues
— Operating loss of GBP15.2m (H1 2015: GBP4.0m) after increase of investing activities to GBP18.8m (H1 2015: GBP3.6m), including GBP11.8m of expensed acquisition and integration costs…

Anpario plc, the international producer and distributor of natural feed additives for animal health, hygiene and nutrition, is holding its AGM later today, when Richard Rose, Chairman, will make the following comments:…