|Domino Printing Sciences
||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Real-Time news about Domino Print. (London Stock Exchange): 0 recent articles
|nugacity: RNS out today - roller coaster share price - automatic trades are confusing the true value .... down down down but they have possibly bottomed in the £5.60's.
Hoping for some manual buy backs at ever decreasing bargains :O)|
|urgentclick: This stock is a winner. Watch it go back to 650p and beyond. As evidenced by the recent re-trace of the share price.
10 April 2012
In April 2011 Domino Printing Sciences PLC ('Domino') invested $50m in TEN Media LLC ('TEN'), a business based in California, USA set up to implement improved food safety monitoring, freshness and traceability systems in the egg industry.
We announce today, that Omron Automation & Safety ('Omron'), a key supplier to the project, has elected to join the founding shareholders, and has invested as a minority shareholder, valuing TEN at $500m, a 50% increase in value, since its incorporation 12 months ago. Omron's investment dilutes Domino's holding down to 14.85%, valuing our shareholding at $74.25m.
Omron will provide manufacturing and procurement services, automation hardware and engineering support to TEN.
Nigel Bond, Domino Managing Director commented: "We are delighted that Omron, a significant supplier from the outset of the project, has decided to become a strategic partner in the business venture through this investment. Omron, a proven technology provider over many years, will help enhance TEN's product offerings and is a great addition to the team."|
|padi: The RNS is pretty useless....doesn't even say if it was a purchase or sale....gotta assume it was a sale judging by the 5% fall in Share price.|
Brussels lays golden eggs for Domino
By Sophie Brodie (Filed: 19/01/2005)
New European legislation requiring best-before dates to appear on the region's eggs has helped deliver a 22pc increase in pre-tax profits at Domino Printing Sciences, the UK printer manufacturer.
Profits jumped to £24.7m for the year ending October 31, 2004, thanks to the new EU rules, stronger demand in the United States and Asia and further cost reductions.
The company, which makes printers of barcodes, best-before dates and tracking labels, saw turnover rise 8pc to £178.3m after accounting for adverse currency effects. Sales denoted in local currencies rose 13pc.
Domino increased its gross profit margin to 50pc, up from 48.9pc in 2003, despite spending 5pc of sales on research and development.
Peter Byrom, chairman, said: "Last year was another record year for Domino fuelled by strong organic sales growth and the acquisition of new businesses."
The company bought Wiedenbach, a German printer manufacturer and Purex, a UK fume extraction company. Nigel Bond, chief executive, said the company had no immediate plans to make further acquisitions but continued to look for ways to expand.
Sue Cox, analyst at ABN Amro, said: "This company is no Flash Harry but it is very well managed by a conservative management, which has ensured Domino has a strong position in markets such as China and Eastern Europe."
Domino's share price closed up 7 at 268p.|
|zzaxx99: You may or may not be thrilled to hear that IC has given DNO a "high enough" rating today: "Domino has a strong positrion in Asia and the resources to expand further. For the moment, both the operating perfomance and the share price will be affected by events in the US, which accounts for almost a third of the group sales. High enough"|
|artful investor: 4 Massive trades gone through today, but no change in the share price. Are these buys or just stock changing hands?|
Domino Printing Sciences share price data is direct from the London Stock Exchange