Best 25 stocks in the last tax year April 15, 2019 | City Talk By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Aveva share price rises as firm gives up control to French firm Schneider Electric July 20, 2015 British engineering design firm Aveva has sold a majority stake to French rival Schneider Electric in a complex £1.3bn reverse takeover deal. The FTSE 250 firm, which offers software to engineers to design projects like oil rigs and nuclear power plants, will be 53.5 per cent owned by the French firm under the plan’s terms. [...]
Aveva expands portfolio with FabTrol buyout June 1, 2015 Aveva Group has agreed to acquire Oregon-based software firm FabTrol in a deal worth $6.5m (£4.2m), it announced yesterday. FabTrol, which is currently owned by Dowco Group, specialises in the provision of management software for the steel fabrication industry. Aveva views the acquisition as a way of further integrating this technology into its existing Bocad [...]
Aveva reveals £10m dent in profit for 2015 May 19, 2015 SHARES in engineering group Aveva reversed their upward trajectory yesterday, after reporting a 12 per cent drop in revenue in the year to 31 March. Sales fell from £237.3m in the 2014 financial year to £208.7m. Meanwhile, pre-tax profit plunged by 20 per cent from £69m to £58m. The company said the results reflect a [...]
Engineering group Aveva shares surge on takeover speculation May 18, 2015 ENGINEERING firm Aveva surged yesterday following reports that the company is being looked at by a number of interested parties. Shares in the company were up by 8.99 per cent, after the Sunday Times named French energy company Schneider Electric and US-based General Electric and Emerson as potential suitors for the Cambridge-based firm. Aveva will [...]
Falling oil prices set back Aveva who warn of results hit January 26, 2015 Engineering software firm Aveva has warned investors sales have been stuttering due to falling oil prices. The company is reliant on the oil and gas market for 45 per cent of its revenues, but says it is now “experiencing increased uncertainty and reduced visibility” in the sector which has been “exaggerated recently by the [...]
Aveva leads the FTSE 250 after bumper results May 27, 2014 ENGINEERING software firm Aveva led the FTSE 250 risers yesterday after reporting a nine per cent jump in profits to £69m. Shares closed up 8.75 per cent on news that Aveva, whose software is used to design ships, power plants, and oil and gas facilities, had boosted its revenues by eight per cent to £237.3m [...]