WPP Group +2.35%
WPP Group’s operating company, GroupM, has today acquired a majority stake in social media marketing agency ClickMedia for an undisclosed sum. Vietnam based ClickMedia specialise in cohesive social media marketing including campaign strategy and implementation, crisis prevention and employs around 55 people.
United Carpets +52.00%
United Carpets has today reported an increase in HY pretax profit to £452,000 in comparison £113,000 a year earlier. Like for like sales over the 11 weeks since the HY have increased by 2.4%. The company reported a revenue figure of £10.3m.
Mobile payments company, eServGlobal, has today revealed the company has swung to a full-year pretax profit of AUD4.5m for year ended October 31 in comparison to a AUD15.4m pretax loss a year earlier. eServGlobal has also reported a 17% increase in revenue to AUD31.0m. This strong increase in results has been helped by new contracts signed over the past year, providing a backlog of work for the new financial year.
Payments service provider, Earthport, and Bank of America Merrill Lynch, have today signed an agreement to expand Merrill Lynch’s global low value clearing capabilities. Earthport, who is already a key supplier to Bank of America Merrill Lynch, also will try to improve the efficiency of BoAML’s high and low volume payments.
Keller Group +3.67%
International ground engineering specialist, Keller Group, has today revealed 2013 results will be in line with market expectations and have reported there has been no key changes in market and trading conditions.
Serco Group -2.74%
International outsourcing company, Serco Group, has today raised its estimate of one-off costs and accounting charges to £19m, up from previous estimations of £15m. These charges relate to UK government audits and reviews of its contracts.
Totally PLC has today sold its digital marketing business, Totally Communication Ltd, for £300,000 to management buyout firm Crisp Works Ltd. Totally is now said to be focusing on growing its Totally Health Ltd company.
Mobile gambling company, Probability, has today reported an increase in HY pretax losses of £1.6m in comparison to a 2012 loss of £658,000. Revenue was also down, reported at £3.6m compared to £4.5m last year.
Gulfsands Petroleum -9.96%
Shares are down this morning even though the company has reported they have completed 2 out of 4 wells within time and on budget. The company has also confirmed gas in both of the new wells, but in ‘sub-commercial quantities’.
CH Bailey -8.97%
CH Bailey has posted HY pretax losses of £0.9m compared with a profit of £331,461 a year earlier. The loss has been blamed on a drop in orders however the company is said to remain confident in growing the group and moving forward. The company reported revenue of £2.4m compared to £2.8m last year.