Edition:
United Kingdom

Cobham PLC (COB.L)

COB.L on London Stock Exchange

109.95GBp
24 May 2019
Change (% chg)

-0.15 (-0.14%)
Prev Close
110.10
Open
110.10
Day's High
110.60
Day's Low
108.40
Volume
3,563,585
Avg. Vol
3,229,387
52-wk High
134.05
52-wk Low
96.38

Latest Key Developments (Source: Significant Developments)

Cobham Reached An Agreement With UK Tax Authorities
Wednesday, 15 May 2019 

May 15 (Reuters) - Cobham PLC ::COBHAM PLC - SETTLEMENT OF TAX DISPUTE.COBHAM PLC - HAS REACHED AN AGREEMENT WITH UK TAX AUTHORITIES IN RESPECT OF A SIGNIFICANT, PREVIOUSLY DISCLOSED AND LONG RUNNING DISPUTE.COBHAM PLC - IN FIRST HALF OF 2019 COBHAM WILL MAKE A ONE-OFF NET TAX PAYMENT OF £55M, TOGETHER WITH A ONE-OFF INTEREST PAYMENT OF £14M.  Full Article

Cobham Appoints Jamie Pike As Chairman Elect Effective May 1
Thursday, 25 Apr 2019 

April 25 (Reuters) - Cobham PLC ::APPOINTMENT OF JAMIE PIKE AS A NON-EXECUTIVE DIRECTOR AND CHAIRMAN ELECT EFFECTIVE FROM 1 MAY 2019.INTENDED THAT JAMIE PIKE BECOMES CHAIRMAN AFTER A SHORT HANDOVER PERIOD.MIKE WAREING HAS AGREED TO CONTINUE AS COBHAM CHAIRMAN UNTIL PROPOSED COMPLETION OF TAKEOVER OF RPC GROUP.  Full Article

Cobham says expectations for 2018 remain unchanged
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Cobham PLC ::PERFORMANCE IN FIRST TEN MONTHS OF YEAR HAS BEEN AS EXPECTED..CONTINUES TO MAKE PROGRESS IN EXECUTING ITS TURNAROUND PROGRAMME..AT A SECTOR LEVEL, UNDERLYING OPERATING PROFIT* IN MISSION SYSTEMS AND COMMUNICATIONS AND CONNECTIVITY HAS BEEN STRONGER THAN IN PRIOR YEAR, WHICH OFFSETS WEAKER PERFORMANCES IN ADVANCED ELECTRONIC SOLUTIONS AND AVIATION SERVICES..BOARD'S EXPECTATIONS FOR FULL YEAR 2018 REMAIN UNCHANGED FROM THOSE SET OUT IN INTERIM RESULTS ON 3 AUGUST 2018..DISCUSSIONS WITH BOEING HAVE CONTINUED REGARDING ITS UNQUANTIFIED DAMAGES ASSERTIONS AND PAYMENT WITHHOLD..  Full Article

Cobham Announces Completion Of Divestment Of AvComm And Wireless
Friday, 16 Mar 2018 

March 16 (Reuters) - Cobham Plc ::‍COMPLETES DIVESTMENT OF AVCOMM AND WIRELESS TEST AND MEASUREMENT BUSINESSES FOR US$455M​.  Full Article

Viavi To Acquire Cobham Avcomm And Wireless Test And Measurement Businesses
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Viavi Solutions Inc ::VIAVI TO ACQUIRE COBHAM AVCOMM AND WIRELESS TEST AND MEASUREMENT BUSINESSES.VIAVI SOLUTIONS INC - DEAL FOR $455 MILLION.VIAVI SOLUTIONS INC - DEAL FOR $455 MILLION CASH CONSIDERATION.VIAVI SOLUTIONS INC - ACQUISITION HAS BEEN APPROVED BY BOARD OF DIRECTORS OF EACH COMPANY.VIAVI SOLUTIONS - DEAL EXPECTED TO BE MEANINGFULLY ACCRETIVE TO VIAVI'S FREE CASH FLOW AND NON-GAAP EARNINGS PER SHARE AND MONETIZE NET OPERATING LOSSES.  Full Article

CommScope Files Patent Infringement Suit Against Cobham
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - CommScope Holding Company Inc ::COMMSCOPE SAYS FILED PATENT INFRINGEMENT SUIT AGAINST COBHAM IN DISTRICT COURT OF BERLIN RELATED TO DIGITAL DISTRIBUTED ANTENNA SYSTEM TECHNOLOGY.  Full Article

Cobham says 2017 expectations unchanged​
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Cobham :‍Group's performance in first ten months of 2017 has been largely as expected​.‍Strategic review of Cobham's wireless and Avcomm business units is ongoing and an update will be provided in due course​.‍There remains a range of potential outcomes for full year performance​.‍Overall, board's expectations for group performance in 2017 remain unchanged​.  Full Article

Cobham Plc names Greg Bagwell as strategic advisor
Monday, 10 Jul 2017 

July 10 (Reuters) - Cobham Plc ::Appointment of Air Marshal Greg Bagwell CB CBE, as strategic advisor, reporting to David Lockwood, chief executive officer.  Full Article

British engineer Cobham intends to reinstate dividend

LONDON British engineer Cobham said it planned to reinstate a progressive dividend after it strengthened its balance sheet, settled a dispute with Boeing and forecast more progress in 2019.