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United Kingdom

Interserve PLC (IRV.L)

IRV.L on London Stock Exchange

56.55GBp
4:39pm BST
Change (% chg)

-0.45 (-0.79%)
Prev Close
57.00
Open
57.00
Day's High
58.95
Day's Low
56.50
Volume
338,110
Avg. Vol
943,599
52-wk High
125.00
52-wk Low
52.75

Latest Key Developments (Source: Significant Developments)

Interserve Awarded £5.6M Contract
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Interserve PLC ::HAS BEEN AWARDED A £5.6M CONTRACT.AWARDED CONTRACT FOR REDEVELOPMENT OF CEDARS ACADEMY.  Full Article

UBS Investment Bank Discloses 5.19 Pct Stake In Interserve
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Interserve PLC ::UBS INVESTMENT BANK DISCLOSES 5.19 PERCENT STAKE IN INTERSERVE PLC - FILING.  Full Article

Interserve Wins 13 Mln Pound CAMHS Construction Contract
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Interserve PLC ::APPOINTED TO CONSTRUCT NEW £13 MILLION CHILD AND ADOLESCENT MENTAL HEALTH UNIT FOR WEST YORKSHIRE AND HARROGATE HEALTH AND CARE PARTNERSHIP.  Full Article

Interserve Reports H1 Revenue 1.488 Bln Stg Vs 1.648 Bln Stg
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Interserve PLC ::NO INTERIM DIVIDEND.H1 REVENUE 1.488 BILLION STG VERSUS 1.648 BILLION STG YEAR AGO.FIRST-HALF TRADING PERFORMANCE WAS IN LINE WITH OUR EXPECTATIONS.H1 LOSS BEFORE TAX 6 MILLION STG VERSUS PROFIT OF 24.9 MILLION STG.  Full Article

Interserve Awarded 35 Mln Stg Contract
Thursday, 12 Jul 2018 

July 12 (Reuters) - Interserve PLC ::INTERSERVE WINS £35M CONTRACT.INTERSERVE WINS £35 MILLION CONTRACT WITH BARKING, HAVERING & REDBRIDGE UNIVERSITY HOSPITALS NHS TRUST.  Full Article

Interserve Says Awarded New Contract
Friday, 8 Jun 2018 

June 8 (Reuters) - Interserve PLC ::HAS BEEN AWARDED NEW CONTRACT FOR REFURBISHMENT AND UPGRADE OF ROTHERHAM INTERCHANGE FOR SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE.  Full Article

Coltrane Asset Management Raises Stake In Interserve To 27.3 Pct From 25.56 Pct - Filing
Wednesday, 30 May 2018 

May 30 (Reuters) - Interserve PLC ::COLTRANE ASSET MANAGEMENT RAISES STAKE IN INTERSERVE PLC TO 27.3 PERCENT FROM 25.56 PERCENT - FILING.  Full Article

Coltrane Asset Management Raises Stake In Interserve
Monday, 14 May 2018 

May 14 (Reuters) - Interserve PLC ::COLTRANE ASSET MANAGEMENT, L.P. RAISES STAKE IN INTERSERVE FROM 14.93 PERCENT TO 16.15 PERCENT .  Full Article

Interserve Says FCA Investigating Co's Handling Of Inside Information
Friday, 11 May 2018 

May 11 (Reuters) - Interserve PLC ::FINANCIAL CONDUCT AUTHORITY NOTIFICATION.RECEIVED A FORMAL NOTICE THAT IT HAS BEEN REFERRED TO ENFORCEMENT DIVISION OF FINANCIAL CONDUCT AUTHORITY.COMPANY WILL CO-OPERATE FULLY WITH INVESTIGATION AND WILL UPDATE MARKET ON OUTCOME IN DUE COURSE..REFERRED FOR INVESTIGATION ON HANDLING OF INSIDE INFORMATION, MARKET DISCLOSURES IN RELATION TO EXITED ENERGY FROM WASTE BUSINESS.NOTICE IN CONNECTION WITH HANDLING OF INSIDE INFORMATION AND ITS MARKET DISCLOSURES IN RELATION TO ITS EXITED ENERGY FROM WASTE BUSINESS.  Full Article

Interserve PLC - FY Revenue Stable At £3.25 Billion,
Monday, 30 Apr 2018 

Interserve PLC ::FY REVENUE STABLE AT £3.25 BILLION,.FY OPERATING PROFIT WAS ADVERSELY IMPACTED BY POOR PERFORMANCE IN SUPPORT SERVICES AND CONSTRUCTION WITH CONTINUED GOOD GROWTH IN EQUIPMENT SERVICES.FY NET DEBT INCREASED TO £502.6 MILLION.FIT FOR GROWTH SELF-HELP PLAN UNDERWAY AND EXPECTED TO DELIVER AT LEAST £40-50 MILLION ANNUAL BENEFIT TO GROUP OPERATING PROFIT BY 2020.FY REVENUE 3,250.8 MILLION POUNDS VERSUS 3,244.6 MILLION POUNDS YEAR AGO.MADE GOOD PROGRESS IN DEALING WITH CHALLENGES OF PROGRESSING OUR EXIT FROM ENERGY FROM WASTE BUT SIGNIFICANT RISKS CLEARLY REMAIN.FY LOSS BEFORE TAX 244.4 MILLION POUNDS VERSUS LOSS OF 94.1 MILLION POUNDS YEAR AGO.FY UNDERLYING PERFORMANCE IN OUR UK CONSTRUCTION BUSINESS WAS POOR, WITH CHALLENGING MARKET CONDITIONS AND POCKETS OF UNDERPERFORMANCE.INTERSERVE - OUTLOOK ON SOME OF OUR ENERGY FROM WASTE CONTRACTS DETERIORATED DURING YEAR LEADING TO INCREASE IN OUR PROVISION ANNOUNCED LAST SEPTEMBER..DIVIDEND REMAINS SUSPENDED WITH NO INTERIM DIVIDEND PAID OR FINAL DIVIDEND DUE TO BE PAID.BOARD'S EXPECTATIONS FOR CURRENT YEAR REMAIN BROADLY UNCHANGED..INTERSERVE - UNDER TERMS OF OUR NEW FINANCING FACILITIES, NO DIVIDEND IS PAYABLE UNTIL HISTORICAL NET DEBT TO EBITDA IS BELOW 2.5 TIMES.  Full Article

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Interserve shares drop after posting loss on higher expenses

Shares of Britain's Interserve Plc dropped as much as 9 percent on Tuesday, as the construction and services company posted a loss in the first-half hurt by higher costs.