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SIG sees decline of leverage in H2 2017

Thursday, 11 May 2017 02:36am EDT

May 11 (Reuters) - SIG Plc ::Trading statement.Group revenues from continuing operations increased 6.5% in period.Currency contributed 5.0 pct to growth in period.Group like-for-like ("LFL") revenues were ahead by 1.4 pct, in line with expectations in period.SIG expects leverage to decline in second half of 2017.Group is targeting leverage to return to its 1.0 - 1.5x range in 2018.Expects its H1 2017 performance to be lower than that achieved in H1 2016, and to be comparable with H2 2016.For full year 2017 board expects business to show a stronger second half, as is usual.Increased supplier price inflation is being seen and there exists political uncertainty in some of SIG's major countries of operation.

Aspen Aerogels Q1 loss per share $0.39

Thursday, 4 May 2017 04:15pm EDT

May 4 (Reuters) - Aspen Aerogels Inc :Aspen Aerogels, Inc. reports first quarter 2017 financial results and recent business developments.Q1 loss per share $0.39.Q1 revenue $23 million versus I/B/E/S view $22.3 million.Q1 earnings per share view $-0.31 -- Thomson Reuters I/B/E/S.Sees FY 2017 loss per share $0.78 to $0.91.Sees FY 2017 revenue $102 million to $112 million.FY 2017 earnings per share view $-0.86, revenue view $104.8 million -- Thomson Reuters I/B/E/S.

Guangzhou Seagull Kitchen and Bath Products sees FY 2017 H1 net profit to increase by 70 pct to 120 pct

Friday, 28 Apr 2017 04:44am EDT

April 28(Reuters) - Guangzhou Seagull Kitchen and Bath Products Co Ltd <002084.SZ> ::* Says net profit for FY 2017 H1 to increase by 70 percent to 120 percent, or to be 38.6 million yuan to 50 million yuan, compared to net profit of FY 2016 H1 (22.7 million yuan).* Says increased revenue of main business as main reason for the forecast.

CNlight sees H1 2017 net profit could rise up to 30 pct

Friday, 28 Apr 2017 03:55am EDT

April 28 (Reuters) - CNlight Co Ltd <002076.SZ>: :* Sees net profit for H1 2017 could rise up to 30 percent, or to be 18.7 million yuan to 24.3 million yuan, compared to net profit of the same period in 2016 (18.7 million yuan).* Comments that increased sales of main business is the main reason for the forecast.

Assa Abloy CEO: more hopeful will reach high end of 2-4 pct 2017 core growth target

Wednesday, 26 Apr 2017 04:44am EDT

April 26 (Reuters) - Swedish lock maker Assa Abloy ASSAb.ST CEO Johan Molin to analyst and media conference::Assa Abloy CEO says am rather positive about overall Asia-Pacific division f/y outlook, but about China I really don't know.Assa Abloy CEO repeats sees f/y group organic growth 2-4 percent, is more optimistic about reaching higher end of range.Assa Abloy CEO says group organic growth in April looks slightly negative.Assa Abloy CEO says Q2 group organic growth will not be as strong as Q1 due negative easter calendar effect.

Hocheng to dissolve 61 pct owned unit due to loss making

Wednesday, 26 Apr 2017 02:45am EDT

April 26 (Reuters) - Hocheng Corp <1810.TW> ::* Says it plans to dissolve its 61 percent owned unit due to loss making .

Jaquar Group takes over Euro Sanitary Ware manufacturing plant

Tuesday, 25 Apr 2017 06:09am EDT

April 25 (Reuters) - Jaquar Group ::Jaquar Group takes over Euro Sanitary Ware manufacturing plant for INR 1 billion.Plans to further invest over 750-800 million rupees into plant, within next one year.

Turnall holdings says in discussions to restructuring balance sheet

Tuesday, 25 Apr 2017 04:00am EDT

April 25 (Reuters) - Turnall Holdings Ltd ::Says Co is engaged in discussions, relating to restructuring of the Co’s balance sheet.Says outcome of discussions might result in material impact on the value of the company’s shares.Says shareholders and the investing public should therefore exercise caution when trading in the company’s shares.Says financial statements for the year ended 31 december 2016 will be published by 30 of April 2017.

Guangdong Piano Customized Furniture sees H1 2017 net profit up 85-125 pct

Monday, 24 Apr 2017 04:42am EDT

April 24 (Reuters) - Guangdong Piano Customized Furniture Co Ltd <002853.SZ>: :* Sees net profit for H1 2017 to increase by 85 percent to 125 percent, or to be 28.9 million yuan to 35.1 million yuan, compared to net profit of the same period in 2016 (15.6 million yuan).* Comments that increased sales of main business and decreased financing expenses are the main reasons for the forecast.

SY Panel to merge with SY ENG

Wednesday, 19 Apr 2017 05:25am EDT

April 19 (Reuters) - SY Panel Co Ltd <109610.KQ> ::* Says it will merge with SY ENG, and merge ratio is 1:0 between the co and SY ENG .* Says merger effective date is July 1.

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