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Tyman PLC (TYMN.L)

TYMN.L on London Stock Exchange

21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Tyman FY revenue rises to 457.6 mln stg
Wednesday, 8 Mar 2017 01:00am EST 

Tyman Plc : FY revenue 457.6 million stg versus 353.4 million stg year ago . FY underlying profit before tax 62.1 million stg versus 45.1 million stg year ago . FY underlying EPS 25.41 pence . Says 2017 has started in line with expectations across each of divisions . FY dividend per share 10.50p versus 8.75p year ago . Expect US residential and commercial markets to be stronger this year than they were in 2016 . Says "expect to see a continuation of gradual recovery in european markets" . Says UK markets are likely to remain variable given lower levels of housing transactions and probable declines in real incomes . Expect that input costs will increase in majority of co's markets in 2017 Further company coverage: [TYMN.L] (Bangalore.newsroom@thomsonreuters.com).  Full Article

Tyman says non-executive chairman to step down
Tuesday, 8 Nov 2016 02:01am EST 

Tyman Plc : Jamie Pike, group's non-executive chairman, has indicated his intention to step down as chairman . Jamie will leave board following next group AGM, expected to be held in May 2017 .Martin Towers, currently group's senior independent director and chairman of group's audit committee, has been appointed chairman designate.  Full Article

Tyman says 2016 trading remains in line with expectations
Tuesday, 8 Nov 2016 02:00am EST 

Tyman Plc : Trading update . Trading in 2016 remains in line with expectations across group as a whole . Encouraging growth continued in European markets, volumes held up in UK and Irish markets, offsetting slower trading in North America since HY . Constant currency like for like revenue in year to date remains marginally ahead of 2015 .Devaluation of sterling against international currencies in 2016 will enhance translation of revenue and operating profit compared with 2015.  Full Article

Tyman raises about 19.1 mln stg via placing
Wednesday, 15 Jun 2016 03:08am EDT 

Tyman Plc : Placing raised approximately £19.1 million before expenses .Placing closed.  Full Article

Tyman proposes placing to raise about 19.1 mln stg
Wednesday, 15 Jun 2016 02:01am EDT 

Tyman Plc : Proposed placing of up to 5 pct of existing issued ordinary share capital . At placing price of 225p by way of an accelerated book build . Placing is being conducted through an accelerated bookbuilding process to institutional investors . Canaccord Genuity is acting as sole bookrunner in connection with placing . Approximately £19.1 million (before expenses) to be raised through a placing of up to 8,478,128 new ordinary shares . Will use net proceeds of placing to reduce group's balance sheet gearing, provide structural headroom on group's banking facilities following bilco deal .Placing announcement.  Full Article

Engineering company Tyman to buy U.S.-based Bilco for $71 mln
Wednesday, 15 Jun 2016 02:00am EDT 

Tyman Plc : Acquisition .US$71.0 million acquisition of Bilco.  Full Article

Tyman says trading has been in line with board's expectations
Friday, 13 May 2016 02:00am EDT 

Tyman Plc : Trading has been in line with board's expectations . On a reported basis, revenue for four months ended 30 april 2016 increased by approximately 14.0 per cent . On a constant currency, like for like basis, revenue increased by approximately 5.0 per cent. . We have had an encouraging first four months to year, consistent with our expectations for 2016 as a whole - CEO . UK market is expected to remain relatively subdued in 2016 - CEO .North american markets remain robust, european markets are slowly improving - CEO.  Full Article

Tyman PLC sees FY 2015 underlying operating profit outlook below range of current market expectations
Tuesday, 10 Nov 2015 02:00am EST 

Tyman PLC:Expect that the group's underlying operating profit for FY 2015 will be ahead of FY 2014; however slightly below the range of current market expectations.  Full Article

Tyman PLC announces disposal of EWS
Monday, 7 Sep 2015 02:00am EDT 

Tyman PLC:Announces that its UK and Ireland Division, ERA, has sold its steel reinforcer business, EWS, to Arc Specialist Engineering Limited for a net cash consideration of about 7.25 million pounds.  Full Article

Tyman PLC declares interim dividend
Wednesday, 29 Jul 2015 02:01am EDT 

Tyman PLC:Says an interim dividend for the 2015 year of 2.66 pence per share (H1 2014: 2.00 pence per share) will be paid on Sep. 3 to shareholders on the register at close of business on Aug. 7.  Full Article

More From Around the Web

Tyman's FY revenue rises 29.5 pct, shares soar

March 8 UK door and window component supplier Tyman Plc reported a 29.5 percent rise in full-year revenue and said it expects the US residential and commercial markets to be stronger in 2017.