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Exova Group PLC (EXO.L)

EXO.L on London Stock Exchange

239.25GBp
21 Jun 2017
Change (% chg)

0.00 (+0.00%)
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239.25
Open
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239.75
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Volume
105,111
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254.56
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160.71

Latest Key Developments (Source: Significant Developments)

Exova Group says on track to deliver group's 2017 expectations
Wednesday, 24 May 2017 02:00am EDT 

May 24 (Reuters) - Exova Group Plc ::Continues to expect modest organic revenue growth at constant currency in 2017.On track to deliver group's 2017 expectations.Total revenue up 2.0% at actual rates for four months to 30 april 2017 at constant currency.Foreign exchange tailwind of 8.2% arising from global footprint for four months to 30 april 2017.  Full Article

Exova Group says has acquired Sydney-based Defire Holdings
Thursday, 18 May 2017 03:34am EDT 

May 18 (Reuters) - Exova Group Plc ::Has acquired Defire Holdings Pty Ltd a fire safety engineering consultancy business.  Full Article

Exova says takeover panel gives Jacobs and PAI time untill June 2 to make an offer for co
Monday, 15 May 2017 04:58am EDT 

May 15 (Reuters) - Exova Group Plc ::Takeover Panel has ruled that each of Jacobs Holding AG and PAI Partner must, by 2 June, either announce firm intention to make offer for co or say it doesn't intend to make an offer.  Full Article

Element Materials Tech agrees to buy Exova
Wednesday, 19 Apr 2017 02:00am EDT 

April 19 (Reuters) - Element Materials Tech Group::Recommended cash acquisition of Exova Group Plc.Have reached agreement on terms of a recommended cash acquisition of Exova by element.Scheme shareholders will be paid a price of 240 pence per share in cash by Element Bidco.Scheme shareholders as at close of business on May 26, 2017 will be entitled to receive a final dividend of 2.35 pence per Exova share.Intended dividend payment, scheme shareholders will be entitled to receive: 242.35 pence in cash per Exova share.Cash value represents premium of 10.7 pct to closing price per exova share of 218.88 pence on March 24, 2017.Cash value implies an enterprise value multiple of approximately 16.0 times Exova's adjusted EBITA.Confirms that offer price of 240 pence per share is final and will not be.Expected that scheme will be effective during Q3 of 2017.  Full Article

Exova Group confirms receiving possible cash offer
Monday, 27 Mar 2017 02:35am EDT 

Exova Group Plc : Confirms board has received proposals from Element Materials Technology, Jacobs Holding AG and Pai Partners SAS regarding a possible cash offer for Exova . Says board is in discussions with possible offerors regarding possible offers Source: nRSa5380Aa Further company coverage: [EXO.L] (Bangalore.newsroom@thomsonreuters.com).  Full Article

Exova says FY revenue up 10.8 pct at actual rates
Tuesday, 28 Feb 2017 02:00am EST 

Exova Group Plc : Final dividend 2.35 pence per share . Total dividend 3.4 penceper share . FY revenue up 10.8% at actual rates; 2.4% at constant currency .FY revenue up 10.8% at actual rates; 2.4% at constant currency.  Full Article

Exova expects modest growth in FY organic revenue at constant currency
Wednesday, 31 Aug 2016 02:32am EDT 

Exova Group Plc : Half-Year report . Interim dividend 1.05 pence per share . H1 revenue 160.9 million stg . H1 profit before taxation 20.1 million stg versus 18.3 million stg year ago . Continues to expect modest organic revenue growth at constant currency in 2016 . Continue to expect group margins to be broadly in line with market expectations .Medium term revenue expectation remains mid-single digit organic growth.  Full Article

Exova Group PLC confirms FY 2015 earnings guidance
Wednesday, 11 Nov 2015 02:00am EST 

Exova Group PLC:Confirms previous guidance for full year earnings in FY 2015.  Full Article

Exova Group PLC appoints Chief Financial Officer
Monday, 28 Sep 2015 02:02am EDT 

Exova Group PLC:Says the appointment, with effect from Nov. 30, Philip Marshall as Chief Financial Officer and an executive director.On Sept. 28, Philip will join the company and he will work alongside Anne Thorburn for an initial handover period to ensure a smooth transition.Anne will continue as Chief Financial Officer and an executive director until Nov. 30 and will retire with effect from Dec. 18.  Full Article

Exova Group PLC wins UAE outsourcing deal
Tuesday, 1 Sep 2015 05:57am EDT 

Exova Group PLC:Says has won a five-year outsourcing deal with Taweelah Asia Power Company (TAPCO) to provide testing services for the Taweelah B Power and Desalination Plant in Abu Dhabi.Says the contract sees Exova assume responsibility for all water testing performed on site and also the provision of support and advisory services to ensure the quality of the drinking water produced on the plant.  Full Article

More From Around the Web

CORRECTED-UK materials testing firm Exova says gets proposals for cash offers (March 27)

April 19 British materials testing company Exova Group said on Monday it had received proposals for a possible cash offer, including one from UK-based Element Materials Technology.