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Share Name Share Symbol Market Type Share ISIN Share Description
Bodycote Plc LSE:BOY London Ordinary Share GB00B3FLWH99 ORD 17 3/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -14.00 -2.9% 468.60 468.00 468.40 475.20 466.20 475.20 60,087 11:56:31
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 615.8 77.5 31.2 15.0 897

Bodycote Share Discussion Threads

Showing 901 to 925 of 1175 messages
Chat Pages: 47  46  45  44  43  42  41  40  39  38  37  36  Older
DateSubjectAuthorDiscuss
16/11/2012
09:59
The market seems to like it , a bit , currently up 5%. Bottom line I suspect is the bottom line literally ; "expectations for the year to 31 December 2012 are unchanged" That will do.
wad collector
16/11/2012
08:24
INTERIM MANAGEMENT STATEMENT 16 NOVEMBER 2012 Bodycote is issuing its interim management statement covering the period from 1 July to 15 November 2012. The financial and operational data set out below relates to the four months from 1 July to 31 October 2012 (the "period") unless otherwise stated. All comparative comments in this statement reflect comparisons with the corresponding period in 2011. CURRENT TRADING Reported revenue growth for the period was 2.9% (7.6% at constant exchange rates, of which organic growth accounted for 2.6% and 5.0% came from acquisitions). Sales in Aerospace, Defence and Energy were ahead by 14.4% (15.9% at constant exchange rates), with organic growth at 10.4% and acquisitions added 5.5%. At constant exchange rates sales in Western Europe improved by 14.2%, all of which was organic. In North America, revenues, at constant exchange rates, grew 17.5% of which organic growth accounted for 7.1% and acquisitions 10.4%. Revenues from the commercial aerospace sector showed further growth, driven by increases in OEM production. The defence sector remained stable. Sales into oil and gas customers continued to improve. Industrial gas turbine demand was good in North America but remained subdued in Europe. Automotive and General Industrial revenues were lower by 5.2% but at constant exchange rates were ahead 1.8%, with organic sales lower by 2.9%. In Western Europe sales at constant exchange rates were down by 2.9%. There were no acquisitions in the period. In contrast North America increased organic revenues, at constant exchange rates, by 6.5% and acquisitions added a further 32.2%. Emerging market revenues were weak in all territories. In Automotive and General Industrial, car, light and heavy truck sales exhibited modest growth in North America and remained soft in continental Europe. General Industrial revenues showed small improvements in all territories. ACQUISITION On 15 October, Bodycote acquired the business of Carolina Commercial Heat Treating, comprising six facilities in the South Eastern USA, together with an additional facility in Southern Indiana for a total cash consideration of US$67.4 million. The majority of the business serves the general industrial hinterland of the Carolinas, Georgia, Alabama and Tennessee, including some key customers in off-road vehicle and heavy truck manufacturing and a growing presence in aerospace and energy markets (c.15% of sales). Sales to the car and light truck sectors represents some 23% of the business. This acquisition represents a considerable step forward in the delivery of Bodycote's strategy in North America. FINANCIAL POSITION Net borrowing at 31 October was GBP33.7m, compared to GBP16.7m at 30 June 2012, reflecting the trading performance outlined above, normal seasonal cashflows and the acquisition costs of Carolina Commercial Heat Treating. OUTLOOK Although trading remains volatile, the sales momentum we have seen in October and early November offers support for the remainder of 2012 and consequently the Board's expectations for the year to 31 December 2012 are unchanged. Investor Conference Call Stephen Harris and David Landless will be hosting a conference call for analysts and investors at 0800 hours today (16 November 2012).
bluebelle
12/11/2012
15:57
deej4y - thanks
speedsgh
12/11/2012
15:48
Released on the 16th http://uk.advfn.com/news/UKREG/2012/article/54525404
deej4y
12/11/2012
14:50
There was an IMS on 8 Nov last year. Nothing so far this year + can't find anything listed on the BOY website - http://www.bodycote.com/en/investors/financial-calendar.aspx Does anyone have any idea when we may be getting an IMS from BOY?
speedsgh
16/10/2012
09:04
BODYCOTE PLC ACQUIRES CAROLINA COMMERCIAL HEAT TREATING BUSINESS FOR US$ 68 MILLION MACCLESFIELD (U.K.) - Bodycote plc (LSE:BOY), the world's largest thermal processing services provider, announced today that it has acquired the business of Carolina Commercial Heat Treating (CCHT LLC) comprising six facilities in the South Eastern USA, together with an additional facility in Southern Indiana. The business was acquired from Bluewater Thermal Solutions LLC (Bluewater), for a total cash consideration of US$68 million. Bodycote has not acquired any interest in the remaining ten facilities owned by Bluewater in the Great Lakes region of the USA. The consideration of US$68 million has been met from existing cash resources and bank facilities. In the twelve months to September 2012 the business delivered EBITDA of US$11.7 million on sales of US$34.9 million. The acquisition is expected to achieve a return on investment well in excess of Bodycote's cost of capital and be accretive to earnings in the first year of ownership. The majority of the business serves the general industrial hinterland of the Carolinas, Georgia, Alabama and Tennessee, including some key customers in off-road vehicle and heavy truck manufacturing and a growing presence in aerospace and energy markets (c.15% of sales). Sales to the car and light truck sectors represents some 23% of the business. Commenting on the acquisition, Stephen Harris, CEO of Bodycote said: "The acquisition of this pre-eminent heat treatment business in the South Eastern USA and Southern Indiana represents a considerable step forward in the delivery of Bodycote's strategy in North America. The business is of high quality and has few local competitors. This region of the USA continues to be amongst the highest recipients of inward investment in North America with many domestic and overseas corporations establishing facilities and supply chains in the area. The recent announcements from both Boeing and Airbus concerning their new manufacturing operations in the region underscore this trend. We expect the business to become more focused on aerospace and energy markets over time as the supply chains for these industries expand. The acquisition also represents the first meaningful exposure for Bodycote to the off-road vehicle and heavy truck market in the USA. While demand from these particular sectors is expected to be lower in the near term, the medium and longer term prospects for this part of the business offer attractive returns". Commenting on trading for Bodycote globally Harris added: "Trading for the period 1 July to 30 September 2012 was volatile, but overall has been in line with expectations". Bodycote will publish its interim management statement on 16 November 2012. Investor Conference Call Stephen Harris and David Landless will be hosting a conference call for analysts and investors at 1000 hours today (16 October 2012).
bluebelle
16/10/2012
08:20
Looks like nice acquisition and more importantly trading said to be in line with expectations. Could be a pretty big short squeeze here as it had sold off because of the read across from the MGCR profit warning.
megabear
13/10/2012
09:58
Industrials taking a bashing, XPP, RNO, Volex,Cookson, Morgan Crucible have issued profits warnings this week. So is this next?
snatander
13/10/2012
09:48
I think Mr Market suspected as much last week, hence the double top.
sleveen
12/10/2012
13:12
The share price won't have been helped by this IC article in the last few days. ---------------------------------------------------------------------------- ... Back in the UK, Cookson has already taken the pain and James Tetley, an analyst at N+1 Singer, thinks Bodycote is vulnerable, too. "In July, both firms talked of weakness in Europe during the first half, but reasonably robust growth elsewhere, particularly in North America and emerging markets," he says. "That optimism seems to have ebbed away." Indeed, 57 per cent of Bodycote's first-half sales were from automotive and general industrials, much of that from Europe. True, the company boasts a solid aerospace business, but its shares have risen nearly a quarter since those results and sluggish growth elsewhere will hurt. "Now, Europe is probably weaker than expected and there are signs that the US is slowing, so it's difficult to see where growth is going to come from in 2013," warns Mr Tetley. The concern is that the big heavy truck, mining and general industrial companies have already begun rebasing their expectations for next year. "There may be an element of destocking in here, but it is currently too difficult to unpick," believes Mr Tetley. This worry was illustrated on Wednesday when US diesels engines maker Cummins warned on revenues for this year, cutting guidance by $1bn to $17bn due to delays in capital spending plans by customers.
speedsgh
12/10/2012
08:45
Or if you take a support line from Nov 2011 - 325?
toffeeman
12/10/2012
08:18
reveral point here? CR
cockneyrebel
12/10/2012
08:17
free stock charts from uk.advfn.com
cockneyrebel
11/10/2012
19:58
the double top mid Sept and early Oct is a little troubleing though IMHO.
sleveen
11/10/2012
15:33
Long again from today, cyclicals back on the up here imo. CR
cockneyrebel
10/10/2012
15:36
My first entry...been watching this little break down recently and tend to feel that it is a pause in the uptrend rather than a full scale tumble...Given that Cookson warned that things are difficult and that Morgan Crucible have lost ground a little, we can not expect BOY to buck the trend...The sector is under a little pressure for sure...These stocks are not expensive unless you believe that their earnings are set to get toasted.
sailastra
10/10/2012
13:00
disappointing double top here, perhaps heading for gap at 3.66
purple boots
02/10/2012
11:08
Spot on there Big D.
k mon
01/10/2012
16:46
Next leg up coming here I reckon.
bigbigdave
11/9/2012
13:08
Boy, is this a quiet thread! Probably due a bit of breather after recent strength but nice to see the intra-day reversal.
speedsgh
07/9/2012
08:07
Breaking out past August high this morning.
bigbigdave
28/8/2012
10:47
looks like the support @ 322p will be tested. Edit: or maybe not.
sleveen
23/8/2012
10:24
Looking hot here imo: lovely bowl: free stock charts from uk.advfn.com
cockneyrebel
22/8/2012
11:19
The hot buyrs that created this rally and bowl are still out there waiting to pounce on the dip imo. CR
cockneyrebel
21/8/2012
13:38
http://www.youtube.com/watch?v=MYITD8TMvcM
cockneyrebel
Chat Pages: 47  46  45  44  43  42  41  40  39  38  37  36  Older
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