risers & fallers – 12/02/14

By
1 mins. to read

Risers: 

Immedia Group +18.35%

Full year turnover for Immedia Group is set to be ahead of market expectations. The marketing and music specialists revealed strong Q4 trading and therefore pretax profits are set to be considerably ahead of forecasts. 

Accsys Technologies +16.22%

Accsys Technologies has today posted a significant 71% jump in revenue for the nine months to Dec 2013. The environmental specialists reported the revenue at EUR23.0m, up from EUR13.4m last year. 

Quintain Estates & Development +2.88%

Quintain Estates & Development, a London-based property development company, has today revealed they have sold its stake in the Mitre Passage building to Tristan Capital Partners. The sale has been reported to have been for £17.1m. 

Volex PLC +2.66%

Trading is set to have steadied for data specialists Volex PLC as the company today reported that full year results are set to meet expectations. Back in November, Volex revealed plans for the ‘Volex Transformation’ which is now gaining results. 

 

Fallers 

Tullow Oil -1.98%

Shares have dropped in Tullow Oil today after the oil and gas explorer reported a 70% fall in full-year net profit to $191m after the company had to pay a $697m charge. Tullow Oil was quick to add good news with Chief Executive Aidan Heavy saying: An ambitious exploration and appraisal program is planned for 2014, which is targeting opportunities in our core plays in Africa and the Atlantic margins.” 

Telecity Group -10.27%

Shares have tumbled over 10% in Telecity Group this morning despite the company posting solid full year results. Full-year pretax profit was up 16% to £88.4m in comparison to £76.1m last year; however its 2014 revenue forecast is below the consensus leading to the drop in the share price this morning. Chief Executive Officer Michael Tobin has said: “Telecity Group made good progress in 2013, with successful entry into three new markets and the delivery of a solid set of results. On an organic basis we opened new capacity across Europe, typically around existing sites, where connectivity is high and we have growing demand from ecosystems of interconnected customer”.

Zoo Digital -19.74%

Software specialists Zoo Digital has revealed full year revenue is expected to be below company expectations. Revenue figures are set to be reported at around $9.5m with a pretax loss much greater than last year.

Comments (0)

Comments are closed.

YOUR FREE INVESTMENT MAG

Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.