Sainsbury’s (LON:SBRY) announced that non-executive director Val Gooding will stand down from the Board at the company's AGM on 13 July 2011 “due to increased commitments”. She has been appointed as Chairman of Premier Farnell (LON:PFL).
BTG (LON:BGC) said that revenues in the year to 31 March rose 13.1 percent to £111.4 million. Profit after tax declined from £11.3 million a year ago to £9.2 million.
“We have delivered a solid financial performance during a year in which we made substantial investments to drive growth in the business...we continue to invest in our pipeline and commercial operations with confidence that we are building a sustainably profitable specialist healthcare business,” said chief executive Louise Makin.
Shaftesbury (LON:SHB) announced its half yearly results for the six months to 31 March. Pre-tax profits declined from £122.8 million a year ago to £101 million. This includes property revaluation surpluses of £49.6 million and reduction in the fair value deficit of financial derivatives of £37.4 million.
Brewin Dolphin (LON:BRW) said that total income during the six month period to 27 March rose by 12.5 percent to £136 million from £120.9 million and total income from the core Investment management activity by just over 14 percent to £131.5 million. Profits before tax, redundancy costs, an additional FSCS levy and amortisation of client relationships rose by 9.6 percent to £22.9 million.
Xcite Energy Ltd (LON:XEL, CVE:XEL) has narrowed its loss in the first quarter as it prepares for first stage production (FSP) on its Bentley oil field in the North Sea by the end of 2011. In a results statement for the period ending March 31 2011, it said it made a net loss of £13,000, compared with a loss of £265,000 a year earlier, due to foreign currency gains made in the period on currency exchange transactions entered into in the normal course of business.
Amur Minerals (LON:AMC) has closed an early settlement for the equity swap agreement entered into with Lanstead Capital last year, allowing Amur to realise total proceeds of £2.07 million, which is more than double the original placing proceeds of £0.89 million.
Chaarat Gold (LON:CGH) released its preliminary results for 2010, during which it divided the Chaarat property in Kyrgyzstan into two projects each hosting a different mineralisation; the low sulphur clean Tulkubash project and the refractory Kiziltash project. The discovery of free milling mineralisation at Tulkubash has accelerated Chaarat's production plans.
Connemara Mining (LON:CON) provided an update on exploration in the Limerick region. Hole 74 intersected a 8.65 metre zone grading 7.72 percent zinc and 2.19 percent lead at 220 metres depth including 2.85 metres at 17.41 percent zinc and 3.98 percent lead from 224.45 metres. Hole 74 was drilled to the northeast of hole 45, which intersected 7.45 metres of 19.2% zinc and 8.5% lead.
Specialist Energy (LON:SEGR) said that the momentum within Hayward Tyler's main manufacturing and aftermarket services divisions has continued into 2011. For the year to the end of April 2011 intake levels have increased by over one third compared to the same period last year for both new units and aftermarket orders. Currently, the forward order book stands at £22.4 million, said Specialist Energy.