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Morgan Advanced Materials PLC (MGAMM.L)

MGAMM.L on London Stock Exchange

328.60GBp
12 Dec 2017
Change (% chg)

0.60 (+0.18%)
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328.00
Open
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Latest Key Developments (Source: Significant Developments)

Morgan Advanced Materials To Make Additional Contribution Of $36 Mln To its U.S. Pension Scheme
Monday, 11 Dec 2017 02:24am EST 

Dec 11 (Reuters) - Morgan Advanced Materials Plc ::‍ADDITIONAL US PENSION PAYMENT​.ELECTED TO MAKE ACCELERATED CASH CONTRIBUTION OF ADDITIONAL $36 MILLION TO US DEFINED BENEFIT PENSION SCHEME IN DECEMBER 2017​.ONGOING PAYMENTS TO DEFINED BENEFIT PENSION SCHEMES ESTIMATED TO REDUCE FROM EXPECTED £25 MILLION PER ANNUM TO CA. £16.5 MILLION PER ANNUM FROM 2018​.  Full Article

Morgan Advanced Materials says full year outlook unchanged​
Monday, 6 Nov 2017 02:00am EST 

Nov 6 (Reuters) - MORGAN ADVANCED MATERIALS PLC ::‍MORGAN ADVANCED MATERIALS PLC IS TRADING IS IN-LINE WITH OUR EXPECTATIONS AND OUR OUTLOOK FOR FULL YEAR IS UNCHANGED​.  Full Article

Morgan Advanced Materials reports half year revenue of 518.9 million stg
Friday, 28 Jul 2017 02:10am EDT 

July 28 (Reuters) - Morgan Advanced Materials Plc ::HALF YEAR REVENUE 518.9 MILLION STG.INTERIM DIVIDEND 4 PENCEPER SHARE.MORGAN ADVANCED MATERIALS PLC - ON TRACK TO MAKE PLANNED £6 MILLION INCREMENTAL INCREASE IN RESEARCH AND DEVELOPMENT AND SALES CAPABILITY.MORGAN ADVANCED MATERIALS PLC - HY GROUP HEADLINE OPERATING PROFIT MARGIN* IMPROVED TO 11.9 PCT (1H 2016: 11.6 PCT).  Full Article

Morgan Advanced Materials says FY outlook remains unchanged
Friday, 5 May 2017 02:00am EDT 

May 5 (Reuters) - Morgan Advanced Materials Plc ::Trading conditions in period since full year are in line with management expectations.Year-to-date sales, on a constant currency basis, were 0.8% lower for group compared to Q1 of last year.Management expectations for half and full year remain unchanged.  Full Article

Morgan Advanced Materials FY pre-tax profit 87.9 mln stg
Thursday, 23 Feb 2017 02:00am EST 

Morgan Advanced Materials Plc : FY revenue rose 8.5 percent to 989.2 million stg . FY profit before tax 87.9 million stg versus 59 million stg year ago . Final dividend 7 pence per share . Total dividend 11 pence per share . Says expecting challenging market conditions to continue in 2017 and have planned prudently as a result - CEO .Says "operational improvement activity is ahead of plan with £6 million of net savings now planned for 2017".  Full Article

Morgan Advanced Materials to sell its UK Electro-Ceramics business to unit of CeramTec GMBH
Wednesday, 22 Feb 2017 02:05am EST 

Morgan Advanced Materials PLC : Agreed sale of its UK Electro-Ceramics business to Ceramtec UK Limited, a fully owned subsidiary of Ceramtec GMBH . Transaction is structured as sale of business, assets and goodwill for £47m on a cash-free, debt-free basis, payable in cash .Proceeds from sale will be used for re-investment in core business.  Full Article

Morgan Advanced Materials H1 pretax profit down c.6.1 pct
Wednesday, 27 Jul 2016 02:00am EDT 

Morgan Advanced Materials Plc : Expecting underlying trading levels similar to first half, guidance for underlying trading for full year remains unchanged . H1 revenue rose 1.3 pct to 475.4 mln stg . H1 profit before tax 46.2 mln stg versus 49.2 mln stg .Interim dividend 4 pence per share versus 4 pence per share year ago.  Full Article

Morgan Advanced says three-month trading meets expectations
Friday, 6 May 2016 02:19am EDT 

Morgan Advanced Materials Plc : Trading conditions in first three months of year are in line with management expectations and unchanged from our outlook in february announcement .Year-To-Date sales on a constant currency basis are broadly flat compared to first three months of last year..  Full Article

Morgan Advanced Materials plc announces appointment of Chief Financial Officer
Wednesday, 30 Mar 2016 02:00am EDT 

Morgan Advanced Materials plc:Announce the appointment of Peter Turner as Chief Financial Officer, with effect from 11 April 2016.  Full Article

BRIEF-Morgan Advanced Materials To Make Additional Contribution Of $36 Mln To its U.S. Pension Scheme

* ELECTED TO MAKE ACCELERATED CASH CONTRIBUTION OF ADDITIONAL $36 MILLION TO US DEFINED BENEFIT PENSION SCHEME IN DECEMBER 2017​