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Devro PLC (DVO.L)

DVO.L on London Stock Exchange

161.60GBp
10 Dec 2018
Change (% chg)

-11.40 (-6.59%)
Prev Close
173.00
Open
169.80
Day's High
170.00
Day's Low
161.60
Volume
231,930
Avg. Vol
282,505
52-wk High
235.75
52-wk Low
156.80

Latest Key Developments (Source: Significant Developments)

Devro Says Chairman Gerard Hoetmer To Retire
Thursday, 15 Nov 2018 02:01am EST 

Nov 15 (Reuters) - Devro PLC ::GERARD HOETMER HAS INFORMED BOARD OF HIS INTENTION TO RETIRE AS CHAIRMAN AND DIRECTOR OF DEVRO PLC.BOARD HAS INITIATED A SEARCH FOR GERARD'S SUCCESSOR.  Full Article

Devro Says FY Expectations Broadly Unchanged
Thursday, 15 Nov 2018 02:00am EST 

Nov 15 (Reuters) - Devro PLC ::EXPECTATIONS FOR FULL YEAR REMAIN BROADLY UNCHANGED.WILL BE RE-PRIORITISING RESOURCE ALLOCATION TO ALIGN WITH STRATEGIC PRIORITIES & ENSURE DELIVERY OF ADDITIONAL SAVINGS OF £2M-£4M.  Full Article

Devro Says Expectations For FY Remain Unchanged
Wednesday, 1 Aug 2018 02:00am EDT 

Aug 1 (Reuters) - Devro PLC ::INTERIM DIVIDEND 2.7 PENCEPER SHARE.HY REVENUE £120.2 MILLION VERSUS £125.2 MILLION.HY PROFIT BEFORE TAX £14.3 MILLION VERSUS £14.5 MILLION.HY BASIC EARNINGS PER SHARE 6.6 PENCE.BOARD'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.  Full Article

Devro Says Appoints ‍Jackie Callaway As CFO
Thursday, 29 Mar 2018 08:00am EDT 

March 29 (Reuters) - Devro Plc ::APPOINTMENT OF CHIEF FINANCIAL OFFICER.‍JACKIE CALLAWAY WILL JOIN BOARD OF DEVRO AS CHIEF FINANCIAL OFFICER ON 1 MAY 2018​.‍JACKIE WAS MOST RECENTLY GROUP FINANCIAL CONTROLLER OF BRAMBLES LIMITED​.  Full Article

Devro Says ‍Peter Page Will Step Down As CEO
Wednesday, 28 Feb 2018 02:02am EST 

Feb 28 (Reuters) - Devro Plc ::DEVRO - ‍PETER PAGE WILL STEP DOWN AS CHIEF EXECUTIVE OF DEVRO, TO BE SUCCEEDED IN THIS ROLE BY RUTGER HELBING, CURRENTLY GROUP FINANCE DIRECTOR​.  Full Article

Devro Says FY ‍Statutory Operating Profit Ahead Of 2016
Tuesday, 27 Feb 2018 02:10am EST 

Feb 27 (Reuters) - Devro Plc ::FINAL DIVIDEND 6.1 PENCEPER SHARE.TOTAL DIVIDEND 8.8 PENCEPER SHARE.FY ‍STATUTORY OPERATING PROFIT AHEAD OF 2016 DUE TO LOWER EXCEPTIONAL ITEMS IN 2017​.FY ‍REVENUE AT £256.9M​ VERSUS 241.1 MILLION STG YEAR AGO.FY ‍OPERATING PROFIT FLAT AT £38.1M​.‍FY PROFIT BEFORE TAX AT £26.7M VERSUS £28.9M​ YEAR AGO.  Full Article

Devro Says ‍Peter Page Will Step Down As CEO
Monday, 11 Dec 2017 02:15am EST 

Dec 11 (Reuters) - Devro Plc ::PETER PAGE HAS AGREED WITH BOARD THAT WILL STEP DOWN AS CHIEF EXECUTIVE AFTER ANNOUNCEMENT OF GROUP'S 2017 FULL YEAR RESULTS ON 27 FEB 2018​.‍RUTGER HELBING, CURRENTLY GROUP FINANCE DIRECTOR, WILL SUCCEED PETER PAGE AS CHIEF EXECUTIVE ON 28 FEBRUARY 2018​.‍SEARCH FOR RUTGER HELBING'S SUCCESSOR HAS COMMENCED AND AN ANNOUNCEMENT REGARDING THIS APPOINTMENT WILL BE MADE IN DUE COURSE​.  Full Article

Devro says full year expectations remain unchanged
Wednesday, 2 Aug 2017 02:00am EDT 

Aug 2 (Reuters) - DEVRO PLC ::INTERIM DIVIDEND 2.7 PENCEPER SHARE.HY REVENUE 125.2 MILLION POUNDS VERSUS 112.9 MILLION POUNDS YEAR AGO.HY UNDERLYING PROFIT BEFORE TAX 13.1 MILLION POUNDS VERSUS 13.7 MILLION POUNDS YEAR AGO.BOARD'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.HY INTERIM DIVIDEND PER SHARE 2.7 PENCE VERSUS 2.7 PENCE YEAR AGO.HY UNDERLYING BASIC EPS 6.0 PENCE.BOARD'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.  Full Article

Devro says expectations for 2017 remain unchanged
Wednesday, 26 Apr 2017 02:00am EDT 

April 26 (Reuters) - Devro Plc ::Trading for period was in line with board's expectations.Total sales volumes ahead of equivalent period last year.Board's expectations for 2017 remain unchanged.  Full Article

Devro says full-year revenue up 4.7 percent to 241.1 mln stg
Monday, 6 Mar 2017 02:00am EST 

Devro Plc : Final dividend 6.1 penceper share . Total dividend 8.8 penceper share . Fy revenue increased 4.7 pct year on year . Fy underlying profit before tax. at £28.9m . Fy profit before tax at £6.2m . "whilst volumes declined by 6.6 pct year-on-year, underlying operating profit increased due to lower input prices and exchange rate benefits" . Decline in sales volumes in 2016 was due to a series of region-specific factors. We have taken actions to ensure a return to growth in 2017 and beyond. . Overall demand remains strong and we continue to see many attractive opportunities to grow business. . Further exceptional costs of this programme are expected to be between £10-12 million over next two years .Sees capital investments of between £7-8 million, with expected benefits of between £13-16 million per annum by 2019.  Full Article